J.S. from outside of Connecticut writes:
Dear Mister Condo,
Does a new owner, 7 days, have the right to see minutes and running balance sheets from previous years? She did not ask for any of this before she bought. If so, is there a time limit to which I have to get her this information? Thanks!
Mister Condo replies:
J.S., all unit owners, regardless of how long they have owned, have a right to inspect association records. That certainly includes bank statements and Minutes of meetings as these are official records of the association. Unless the association has something to hide, this should be a request that is simply honored. Failure to do so, on the other hand, could lead to a lawsuit from this new owner as you would be violating the unit owner’s rights by withholding this information. There may or may not be a time limit on honoring this request depending on your by-laws and your state law. My advice is to offer it forthwith. All the best!