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  • Virginia Condominium Request For Resale Certificate Form

Get Virginia Condominium Request For Resale Certificate Form

REQUEST FOR (HOA) DISCLOSURE PACKET or (Condo) RESALE CERTIFICATE NOTICE: Please return this completed form BY: fax (703.968.0936) or Email (Resaledocs Sequoiamgmt.com). Confirm faxed orders CONTACT.

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This package includes the resale certificate, governing documents, and financial documents for the homeowners association. The seller is responsible for providing those documents, including the costs to procure them.

The Virginia Condominium Act consists of five articles addressing general provisions, the creation, alteration, and termination of condominiums, condominium management, administration of sales of condominiums, disclosure requirements and authorized fees.

condominium documentation? A paralegal who is assisting in the closing of a purchase of a condominium unit would request from the seller copies of all the condominium documentation, such as the declaration, plat, articles of incorporation, and bylaws of the condominium association.

The Virginia Condominium Act consists of five articles addressing general provisions, the creation, alteration, and termination of condominiums, condominium management, administration of sales of condominiums, disclosure requirements and authorized fees.

Although federal law requires some basic disclosures across the U.S., Virginia law does not require sellers to disclose much information about their property at all.

In addition to these fees, any other fines, dues and other monies owed to the HOA must be paid by the seller prior to the transaction being approved.

The Virginia Condominium Act These documents include the financial history of the condo association, its bylaws, records of any pending lawsuits, a statement of any or all unpaid fees associated with the unit in question, and other legal documents.

The seller shall be responsible for all costs associated with the preparation and delivery of the resale certificate, except for the costs of any resale certificate update or financial update, which costs shall be the responsibility of the requester, payable at settlement.

When you are buying a home that belongs to a Condo or Homeowners Association, Virginia law requires that you receive a resale packet. The law gives homebuyers 72 hours to review the resale packet (also called the “HOA Docs” or the “Condo Docs”) and, if necessary, to cancel the contract within that period of time.

Under the Virginia Condominium Act, bylaw changes require the approval of a majority of the unit owners. This means that if a single unit owner objects, the other unit owners cannot proceed with any proxy. The bylaw changes require this proxy to be revoked.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232