Reference Letter

What is a reference letter?

Updated March 14, 2022

A part of the standard co-op board application process, personal and professional letters of reference testify to the moral character and financial stability of the potential purchaser.

Although each co-op board has its own requirements, typically applicants are asked to provide three to six reference letters.

Reference letters from employers and friends are usually required for a co-op. Credit: Scott Graham/Unsplash

The personal reference letter is written by a non-family member and details the writer’s relationship with the applicant, including information on how they met and how long they have known each other and in what capacity.

Related Links

Co-op (Cooperative)

Buyer's agent

Listing agent

The professional reference letter is written by someone who knows the applicant professionally or by someone who has a working relationship with the applicant. It focuses on the applicant’s work ethics as well as character traits.

A letter from a landlord also is sometimes required to illustrate that the applicant is financially solvent, pays the rent on time and in general will make an all-around good tenant and neighbor.

These letters are considered make-or-break components of the application; without them, the sale does not proceed.