"arm's length"
From: Catya Belfer-Shevett (catyahomeport.org)
Date: Fri, 30 Jan 2009 07:24:03 -0800 (PST)
Hi folks,

This is probably mostly for groups that self-developed...

Did any of you run into problems with the banks not considering the purchase of the units by a member being an "arm's length transaction"? If so, how did you deal with that?

Thanks,

        - catya

--
Catya Belfer-Shevett   ~   webmaster, www.cohousing.org
www.catya.org   ~   Cohousing in MA! www.mosaic-commons.org

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