Meridian, ID asked in Business Law and Civil Litigation for Idaho

Q: Hoa cancelled contract. That person took all the money and closed bank account. can they do that

Our Hoa contracted with an individual to handle our financial affairs, pay bills, accept payment and deposit money and keep records. Person violated the terms of their contract. The HOA cancelled the contract and notified individual by mail and 3 cease and desist letters. Person went and closed our bank account and took all the money. We have the proof. The Bank let us down...they refused our Board access to the account records so we could do an audit as we suspected embezzlement. The woman was the only signer on account. They say she could legally do it.

1 Lawyer Answer
Michael Hales
Michael Hales
  • Rexburg, ID
  • Licensed in Idaho

A: It appears that the HOA has a case for fraud. I'd recommend contacting a qualified attorney right away.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.