I'm the treasurer of our over-55 HOA.
I recently got a request from Wells Fargo to fill out a W9 form.
It says "We are updating our records to reflect the current information for any
Homeowners Association that collects the HOA fees for property located at
[the address of one of our units]."
I'm new to this position, but I haven't found notes indicating that this form has been requested in the past.
Any idea what is going on here? I'm only familiar with W9s in the context of independent contractors, not mortgage holders.
I do know that the tenants of this unit have had some financial hardship recently.
I recently got a request from Wells Fargo to fill out a W9 form.
It says "We are updating our records to reflect the current information for any
Homeowners Association that collects the HOA fees for property located at
[the address of one of our units]."
I'm new to this position, but I haven't found notes indicating that this form has been requested in the past.
Any idea what is going on here? I'm only familiar with W9s in the context of independent contractors, not mortgage holders.
I do know that the tenants of this unit have had some financial hardship recently.