New York's Cooperative and Condominium Community
Can a Board order a managing agent to run a credit check on a shareholder who is chronically in arrears? Someone told us we have to get permission from the shareholder first. We want to get a snapshot on his financial situation. He is a problematic shareholder in many regards so don't anticipate his cooperation.
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You cannot run a credit check on anyone without their consent, that is ilegal! You have to have an authorization from the person for that matter and if possible signed
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