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CITY OF HOBOKENDEPARTMENT OF COMMUNITY DEVELOPMENT RENT LEVELINGRAVINDER S. HALL MayorCHRISTOPHER BROWN DirectorBONA FIDE CONDO/COOP OWNER/OCCUPANT (COO) AFFIDAVIT INITIAL RENTAL DECONTROL UPON VACANCY
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Who needs bona fide condocoop owneroccupant?

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Individuals who own or are planning to own a unit in a condocoop building and intend to occupy it as their primary residence.
02
People who need to meet the eligibility criteria set by the condocoop association or governing body.
03
Prospective buyers or current owners who want to avail of certain benefits, such as tax deductions or priority in purchasing additional units.
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Those who want to establish proof of residence in a condocoop unit for legal or administrative purposes.
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Bona fide condocoop owneroccupant refers to a person who owns a unit in a cooperative housing development and occupies it as their primary residence.
Individuals who own and occupy a unit in a condocoop as their primary residence are required to file bona fide condocoop owneroccupant.
To fill out the bona fide condocoop owneroccupant form, obtain the form from your local tax authority, provide necessary personal information, and verify your occupancy status.
The purpose of the bona fide condocoop owneroccupant filing is to establish qualification for certain tax benefits and exemptions for owner-occupants of cooperative housing.
Information required includes the owner's name, address of the unit, occupancy status, and potentially other personal or financial information as specified in the form.
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