Our trusted escrow officers and transaction coordinator will assist in gathering all the HOA documents you will need to review for due diligence.
We will review the building HOA documents (meeting minutes, financials, insurance, assessments, legal issues, rental restrictions, etc.). We’ll be with you every step of the way to explain anything that’s unclear, and to answer any questions.
WHAT IS HOA?
A homeowner’s association (HOA) is an organization in a subdivision, planned community, or condominium building that makes and enforces rules for the properties and its residents. Those who purchase property within an HOA’s jurisdiction automatically become members and are required to pay dues, known as HOA fees. Some associations can be very restrictive about what members can do with their properties.
Here are examples of some of the HOA documents:
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