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Homeowner association resale certificate 2025

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The document is a sample resale certificate for a homeowner association, outlining key information regarding the sale of a unit within a planned community in Pennsylvania. It details the financial obligations of the unit owner, including common expense assessments and taxes, as well as the association's reserves, insurance coverage, and any legal issues. The certificate serves to inform potential buyers about the status and responsibilities associated with the unit.

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Click ‘Get Form’ to open the homeowner association resale certificate in the editor.
Begin by entering the name of the Planned Community or Association and the address of the unit being sold in the designated fields.
Fill in details regarding any rights of first refusal or restraints on alienability, if applicable. If none exist, leave this section blank.
Input the regular monthly common expense assessment amount and specify whether it is payable monthly or annually, along with due dates.
Indicate any unpaid common expenses or special assessments that are due. If there are none, state that clearly.
Complete sections regarding capital expenditures, reserves for capital expenses, and attach any required financial statements as indicated.
Review all sections carefully for accuracy before saving your completed form. Ensure all necessary signatures are included at the end.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Who pays for the HOA resale package?

Some states require that the seller, or homeowner, pay for the resale package while others assign that financial obligation to the buyer. The question of who orders it usually depends on who pays for it.

What does an HOA resale certificate look like?

The resale certificate is a financial overview of the HOA, featuring a sellers current standing with the association and key information regarding the property being sold. Other information may include: Amount and frequency of HOA dues.

Who pays for a HOA resale certificate?

Fees - Fees will vary by state and community. Some states are known to limit the amount that an HOA can charge. Although every state is different, generally anyone involved in the purchase of the home is able to purchase the resale package: the buyer, seller, realtor, closing agent, lender or an attorney.

What is a resale certificate for HOA?

What Is an HOA Resale Certificate? An HOA resale certificate provides the buyer with important information regarding the homeowners association. This includes details about the current HOA budget, any anticipated expenditures for the upcoming year, and the amount the association has in reserve.

Who orders the HOA resale certificate?

While your agent or escrow company typically orders the appropriate forms for closing, homeowners can also directly request an HOA resale certificate or other disclosure materials from the communitys management company or HOA board.

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Who completes the resale disclosure certificate?

Who completes the information for the resale certificate? Because the associations property management company handles the accounts receivable for the association and has the rest of its accounting information handy as well, the management company will complete the certificate as a service to its clients.

What is a HOA resale disclosure?

The resale certificate provides specific information about the home in the transaction and its standing in the community association. It includes any past-due payments to the association, pending violations, unpaid violations, unpaid special assessments, and fees that are due upon closing.

Homeowner association resale certificate 2025

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Who pays for the HOA resale package?

What does an HOA resale certificate look like?

Who pays for a HOA resale certificate?

What is a resale certificate for HOA?

Who orders the HOA resale certificate?

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Who completes the resale disclosure certificate?

What is a HOA resale disclosure?

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