Corporate Transparency Act: Compliance Requirements for Condo and Co-op Boards

The Corporate Transparency Act (CTA) is a new law that takes effect in 2024 requiring many business entities – including cooperative corporations, homeowners’ associations, and condominiums – to provide information on its “Beneficial Owners.” Existing businesses must file by Jan. 1, 2025. Join us for this timely webinar covering what the new law requires of condo and co-op boards. 

What we'll cover:

• Who is considered a beneficial owner of an association?
• What information must each association report?
• When must the report be filed?
• Penalties associated with not filing or missing the deadlines
• How associations must file

Our experts

Ben Kirschenbaum
VP & General Counsel

Stephanie Cardello
VP, Compliance

Leni Cummins
Chair, Condominiums & Cooperatives
Cozen O'Connor