If an application to a cooperative is rejected, what is the board's obligation?

In the context of cooperative housing, it is typically not required for the board to inform an applicant why their application was rejected. The decision-making process for applications to cooperatives often allows boards broad discretion regarding their acceptance or rejection of applicants. This lack of obligation regarding detailed feedback stems from the understanding that the board may have various subjective or strategic reasons behind their decisions, which are not necessarily required to be disclosed to applicants.

This practice reflects a general principle in many cooperative agreements where privacy and strategic decision-making are prioritized, allowing boards to maintain control over membership without needing to provide explanations that might not align with their overall governance or objectives. Thus, the correct response highlights the board's latitude in keeping their reasons for rejection confidential.