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Homeowners Association (HOA) Seller Disclosure/Resale Addendum for the District of Columbia (Recommended for the Listing Agreement and required for the Regional Contract) Address City Block/Square:.

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How to use or fill out the HOA Resale Disclosure Addendum For DC - 1012.pdf online

The HOA Resale Disclosure Addendum for the District of Columbia is a crucial document for homeowners and buyers in managing property transactions effectively. This guide provides a clear, step-by-step approach to assist users in completing the form online with confidence.

Follow the steps to fill out the form accurately and efficiently.

  1. Click the ‘Get Form’ button to obtain the HOA Resale Disclosure Addendum, allowing you to open it in your chosen editor.
  2. Fill out the address, city, state, and zip code at the top section of the form. Ensure accuracy in entering details for the Block/Square and any relevant parking or storage unit information.
  3. In Part I - Seller Disclosure, provide clear information about current fees and assessments. Fill in the HOA fee, select if there are special assessments, and detail any outstanding balances associated with those assessments.
  4. Indicate the nature of parking and storage spaces as dictated by the Association Documents. Specify which parking space(s) and storage unit(s) convey with the property and whether they are conveyed by deed.
  5. Provide details regarding the management agent or authorized person. Include their name, phone number, and address to ensure proper communication regarding HOA inquiries.
  6. Complete the section regarding HOA documents. Sellers must agree to obtain and deliver required HOA instruments and financial statements to the buyer within the designated timeframe.
  7. In Part II - Resale Addendum, outline the agreement between the seller and buyer, ensuring to capture the understanding of title, payment of fees, and any obligations related to the HOA.
  8. Once all sections are completed, review the document for accuracy and clarity. Save your changes, then proceed to download or print the completed form for your records.

Complete your HOA Resale Disclosure Addendum online today to facilitate a smooth transaction process.

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Maryland: Likewise, the Maryland Homeowners Association Act(§11b–106) and the Maryland Condominium Act(§ 11-135), also require that homeowners complete a Resale Certificate before selling their home. To request a Resale Certificate, please use Homewise Docs (click image linked below).

In Maryland, a resale package includes a copy of the declaration, the bylaws, the rules and regulations of the condominium and a statement from the owner as to whether or not the property violates any health or building codes or any bylaws of the association.

The Resale Certificate, along with its accompanying documents, is ordered and paid for by the property's seller. It is a cost of selling property within a planned community. The Townes at Hershey Road HOA's fee for a Resale Certificate package is $200.00.

How much do resale packages cost and who is responsible for the cost? Resale packages are not a community expense. The seller of the home is responsible for the cost.

Fair Debt Collection Practices Act (FDCPA) and Maryland Consumer Debt Collection Act. While homeowners' associations in Maryland are governed by the federal FDCPA, the state also has an additional legislature that regulates the collection of debt at the state level.

While associations have their own sets of rules, some requirements are alike for all Texas transactions with mandatory associations. In Texas, the seller must provide a resale certificate to the buyer by the deadline stated in the purchase contract.

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