Washington  |  Credit and Debt Law

Legal Question

Asked on: 3/13/07, 4:52 pm

Financial Privacy

A condo building needs essential repairs that came as a surprise to all members. Can a home owners association ask it's members ''how much they can afford and when they can have the lump sum? It seems to me that this info could be used to force some out and therefore be discriminatory. Wouldn't the best way to approach this issue be for the building to get an estimate, apply for a loan, and distribute the monthly payments to all members? How they pay for thier share is their own business. I would love some advice and any reference links to continue my research.

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