As part of the process of purchasing a cooperative apartment, you often have to apply for approval from the board of that cooperative. Clients may ask me what my recourse is if I am not approved by the board. Unfortunately, boards have very broad discretion of who they may and may not approve for a wide variety of reasons. So, my clients have very little recourse in the event that they have been rejected by a board. That being said, boards are required to comply with fair housing regulations and laws.