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Can condo association board deny cash buyer for unit?

stephen polinsky on Tue, Feb 22, 2011 @ 06:53 AM

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Can a condo association board deny the purchase of a unit to a buyer who pays in cash, has no mortgage and offers a security deposit to assure maintenance fees solely on impaired credit? There are no public records, no criminal records, no bankruptcies, no foreclosures and the credit problem was fully disclosed upfront when making the application?

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