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Important notes regarding the time frame for delivery of information in the event of a resale

Resale Pachage Fees

As of July 1st 2007 please allocate the following fees:

RESALE PACKAGE $195.00
INSPECTIONS $75.00

If you would like to order a resale package please click here.

Virginia Condominium

Act 55-79.97 Resale by Purchaser.
The unit owners association shall furnish the resale certificate upon the written request of any unit owner within fourteen days of the receipt of such request. Payment of the reasonable costs of preparing the resale certificate may be required of the unit owner requesting them as a prerequisite to their issuance.

Maryland Condominium Act

11-135 Resale of Unit.
The council of unit owners, within 20 days after a written request by a unit owner and receipt of a reasonable fee therefore, shall furnish a certificate containing the information necessary to enable the unit owner to comply with this subsection and the unit owner furnishes to the purchaser not later than 15 days prior to closing

Maryland HOA Act

11B-106 Notice of resale to homeowners associations.
Within 30 calendar days of any resale transfer of a lot within a development, the transferor shall notify the homeowners association for the primary development of the transfer. The notification shall include, to the extent reasonably available, the name and address of the transferee, the name and forwarding address of the transferor, the date of transfer, the name and address of any mortgagee, and the proportionate amount of an outstanding homeowners association fee of assessment assumed by each of the parties to the transaction.

DC Condo Act

42-1904.11.
Real by unit owner seller to obtain appropriate statements from association and furnish to purchaser, scope of provisions. In the event of a resale of a condominium unit by a unit owner other than then the declarant, the unit owner shall obtain from the user s association and furnish to the purchaser, on or prior to the 10th business day following the date of execution of the contract of sale by the purchaser, a copy of the condominium instruments and certificates setting for appropriate statements.

If you would like to order a resale package please click here.

 

 

 

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