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Should board credit check new condo buyers?

| Board of Directors |  


Question:

I live in a 3 unit condo complex. One of the units went into foreclosure as the owner has died. It is up for public auction and has not sold in two months. A very low bid came in and the Public Assistant may consider the bid. Do we as board members and owners have the right to do a credit check on people that bid on the unit to be sure they are qualified since we have home owner dues and a reserve?


Answers (10)

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