Quote:
Originally Posted by BoBromhal
Buyers might not know who the HOA management company is, nor the head of the HOA board. It may or may not have been provided by the listing agent.
One thing rings true - different markets operate very differently.
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I have to agree fully. I am a former Realtor in FL, our firm always obtained and provided HOA documentation prior to closing to our buyers .
The HOA is obliged to provide estoppel letters (confirmation of dues paid/unpaid for the seller) as well as confirmation of pending dues and assessments (within a reasonable time frame) for the buyer. I would never suggest the buyer to get that information on their own for the same reasons as listed in the previous post above. I do know that the rules and regulations vary by market and are not uniform in all markets.
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