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The Developer is Offering the Association (a lot of) Money to Sign a Release- Should the Board of Directors Consider Signing it? (NC)

/ Owner - February 12, 2024

Over the last year our firm has seen an uptick in offers to associations from the developer to pay money in exchange for signing a release.  The language of releases can vary but the purpose is almost always the same – The money being offered to the association is in exchange for releasing the developer and any other named parties from any and all claims, known or unknown, that the association may have.    Read the article…………………………….

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