Cohousing-L Mailing List: "arm's length"

[Catya Belfer-Shevett (catya]

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