Posted by Bill K. (AZ) on March 14, 1999 at 14:18:45:
Don’t let those minor requests interfere with your deal. If you have set up your corporation properly, and maintained the necessary records, it should take you all of 3 seconds to produce that information. The business of the corporation should be spelled out in the Articles of Incorporation. This should suffice. If not, take a couple of minutes to generate the resolution.
I don’t see the problem here. You are the one asking for a change in the closing. The least you could do is provide the paperwork being requested. I don’t mean to sound harsh, but I really don’t see why this bothers you so much. Worst case: You buy the property in your name and transfer it to the corporation after closing.
Boy, I hope you close on this one. I don’t know if their request is “normal” or not, but I wouldn’t let this keep me from closing the deal.
I hope this helps. Good luck.
Bill K. (AZ)