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Do I need an attorney or an accountant to review the books?
I have information that our on-site handyman in a condo did repairs to interior board members condos at the expense of the assoication. The handyman is denying the allegations and is getting an attorney. The association is threatening me with an attorney for wrongful accusations. By all the threats I am feeling pretty confident that their actions were underhanded and money was virtually stolen.
Asked on June 18, 2009 under Real Estate Law, Wisconsin
Answers:
J.M.A., Member in Good Standing of the Connecticut Bar / FreeAdvice Contributing Attorney
Answered 14 years ago | Contributor
You need to file a lawsuit against the condo association for misue of funds and brech of fiduciary duty and unjust enrichment and so forth. once the action is going, you want to onbtain in discovery the bank accounts and transaction history over a 3 year period. this will show where the money went. You want to know if the handyman has a company he works under or if the guy works under his own name so you can see whether the assoc. paid the handyman. You then want to ask for the same info from the hanyman. by this time, you will have and answer. a lawyer can accomplish this, not a accountant. You only need an accountant if there board is slick about hiding money. if you think that is the case, also ask for the tax returns for the past 3 years and see if the bank account and returns match up...
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