Pre-Incorporation Signing OK for Disclosure Packet 
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Published: August 30, 2011
Tags: Corporate, Judge John A. Gibney Jr., U.S. District Court - Eastern District
Although a homeowners’ association was not incorporated when debtors signed documents acknowledging receipt of the disclosure packet required under the Virginia Property Owners Association Act, the 20-month delay in incorporation did not allow debtors to cancel their agreement to buy a subdivision lot for $450,000, and a Richmond U.S. District Court upholds the bankruptcy court’s ...
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