279,878
1,625,153
In CA, we order all HOA and management docs via Escrow. Before a buyer removes contingencies they should carefully read all HOA docs and all Seller's disclosures. Such things like assessments, HOA fee increase, HOA issues with law, etc. are not happening overnight. Management, HOA board, Seller, agents must always disclose known material facts affecting the value or desirability of the property, if they know any. As a listing agent, I would disclosure it in mls private remarks and AVID to avoid any liability.
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Richard Robibero, e-Pr...
Toronto, ON
130,063
Definitely disclose. Even if buyers get condo/association docs, sometimes the increase isn't notated in them if its from the most recent meeting. A buyer who is borderline able to qualify might no longer be able to qualify for the loan if it impacts their debt to income ratio too much.
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Richard Robibero, e-Pr...
Toronto, ON
2,817,727
Definitely let them know. But, condo fees go up all the time. People should get this.
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Richard Robibero, e-Pr...
Toronto, ON
1,153,794
6,424,196
3,071,489
630,251
4,800,132
4,319,773