Documents for assessments and purchase committments | <– Date –> <– Thread –> |
From: leenaree (leenaree![]() |
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Date: Thu, 8 Jun 2017 08:56:23 -0700 (PDT) |
Good morning friends!Our group is just about ready to start assessing members, say, $100 per month, to pay ongoing expenses. We are organizing using the Condominium model, and will be subject to the Washington Condominium Act.
2 questions: When your group formed, were the assessments refundable if the person left the group before making a purchase commitment, and under what conditions could a person get out of a purchase commitment?
I realize that there may be different legal requirements state by state, but would anyone be willing to share their documents for 1. assessing new members who aren't yet ready to make a purchase commitment, and 2. A purchase commitment. This would give us a starting point
Thanks, Eileen McCabe Tammany Commons
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