921,504
A little community in Dunedin charges $350 for an estoppel for properties valued less than $100,000.
It seems the HOA has stumbled upon a profit center where the 'victim' is literally leaving town and will not be in place long enough to hold them accountable for this extortion..
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Candice A. Donofrio
Fort Mohave, AZ
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S. Leanne Paynter ☼ Br...
Davie, FL
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Kevin J. May
Hobe Sound, FL
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Lyn Sims
Schaumburg, IL
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Jennifer Mackay
Panama City, FL
1,090,872
$250 was the highest I can remember. There is no typical amount here that I know of...it seems to vary according to the size of the association and who they use for CAM.
Joe Pryor Kathleen Daniels Candice A. Donofrio
Estoppel fees were a contentious item in our legislative session in 2015. Here's an article from Florida Realtors on the subject.
http://www.floridarealtors.org/LegislativeCenter/TopInitiatives/estoppel-certificate-fees-Legislative-priorities.cfm
For more info, google "estoppel fees florida legislature" without the quotes.
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Fred Griffin Florida R...
Tallahassee, FL
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S. Leanne Paynter ☼ Br...
Davie, FL
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Kevin J. May
Hobe Sound, FL
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Nina Hollander, Broker
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
1,543,823
$0.00
Estoppel documents are a standard part of the contract in CA on any tenant occupied property. It's a mandatory disclosure put upon the seller to provide and the sales agent to ask for on behalf of the investor.
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Candice A. Donofrio
Fort Mohave, AZ
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Michael Setunsky
Woodbridge, VA
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Thomas J. Nelson, REAL...
La Jolla, CA
815,253
One community here it's $1500 but usually it's $250. to $350. depending on the community.
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Fred Griffin Florida R...
Tallahassee, FL
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S. Leanne Paynter ☼ Br...
Davie, FL
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Kevin J. May
Hobe Sound, FL
1,712,676
In 27 years that number is 0 dollars and 0 letters. Is this a real estate test question in your state?
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Thomas J. Nelson, REAL...
La Jolla, CA
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Nina Hollander, Broker
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
4,572,183
I've never seen a "letter" but I have seen the completed form from a tenant in transactions dealing with rental properties -- is that what you mean? There has been no charges associated with this form in my experience. Maybe this means something different in your area.
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Thomas J. Nelson, REAL...
La Jolla, CA
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Nina Hollander, Broker
Charlotte, NC
5,772,575
Leanne,
$0.00
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Thomas J. Nelson, REAL...
La Jolla, CA
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Nina Hollander, Broker
Charlotte, NC
5,049,450
I've not seen one here in CA. But we sure pay for those condo/HOA docs!
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Candice A. Donofrio
Fort Mohave, AZ
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Nina Hollander, Broker
Charlotte, NC
2,684,109
$450 from an Ocala, Florida HOA. Another reason to detest HOAs.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
5,230,113
In Charlotte and the surrounding areas, it's typically between $100 and $350 and since our Contracts have changed, it is now the seller's responsibility. I think HOA participants (homeowners) should be made aware of this extortion and put a lid on it!
Yet another profit center for these management companies!
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S. Leanne Paynter ☼ Br...
Davie, FL
1,153,794
I had asking prices of $375, however, have not paid more than $160 and more typically average under a hundred.
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S. Leanne Paynter ☼ Br...
Davie, FL
989,652
I'm in Florida and have never done one or paid for one (11 years and counting)
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Fred Griffin Florida R...
Tallahassee, FL
5,104,931
I've not dealt with estoppel letters here in NC.
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Richard Weeks
Dallas, TX
3,071,489
2,436,099
I'm in NY and haven't seen one yet.
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Nina Hollander, Broker
Charlotte, NC
1,622,432
None so far and I'm in CA for 10 years.
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Nina Hollander, Broker
Charlotte, NC
2,224,473
In my rural area we don't deal with estoppel letters. I'm in Western Colorado. I hope this helps you.
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Nina Hollander, Broker
Charlotte, NC
4,272,548
I've never have seen one in 18 years...
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Nina Hollander, Broker
Charlotte, NC
3,727,873
In 35 years, I've never even seen an estoppel letter. Don't have a clue what one is.
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Nina Hollander, Broker
Charlotte, NC
711,852
I learned about estoppel certificates for my real estate test and for decades never thought about them again. A couple of years ago this came up on a deal the brokerage was working through and I had to look it up to see what it was! To answer your question- $0!!!
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Debe Maxwell, CRS
Charlotte, NC
2,362,977
we don't see them here in Maryland
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Nina Hollander, Broker
Charlotte, NC
3,345,091
I have never seen an estoppel letter - no clue what one charges for one.
Here we call that a Demand. The escrow officer sends to the HOA managmeent company and their is no charge for their response.
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Nina Hollander, Broker
Charlotte, NC
1,052,211
Why would you have to pay anything for it?
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Debe Maxwell, CRS
Charlotte, NC
6,393,609
Fortunately that is one piece of legal paperwork that I will never need.
4,319,419
S. Leanne Paynter ☼ Broward County, FL - none! Not seen it in MA - or
Not seen it in MA - or maybe I am not aware of it.
4,800,082
5,583,278
my niche was new homes.... and I don't remember anyone on the team who focuses on resale condos discussing this...
4,434,127
1,725,996
3,416,038
Here in NH some are free of charge, some only $50 and some up to $300. It is always a good idea to ask before making an offer.
5,216,409
Loaded question. Depends on the situation. In commercail it can get expensive. In residential seldom over $100!
1,844,301
We don't call them that in IL but I way $250 is the biggest rip off to date. I've heard up to $600 here on AR.
4,882,355
7,836,164
1,157,785
In Ontario, the term used is "Status Certificate" and is used for condos. Ontario law regulates the charge which is currently $100.
Here is a general definition provided by the Canada Mortgage and Housing Corporation which is owned by the Canadian government.
- Estoppel Certificate or Status Certificate
- Most jurisdictions require condominiums to issue information packages to prospective buyers. This package can contain the declaration, bylaws, rules and regulations, insurance information, reserve fund balance, other financial disclosures, legal description of the unit and management contract (if applicable). It may also include information about any legal filings or judgments against the condominium corporation, the possibility of common expense increases, special assessments or insurance claims, all of which could affect condominium fees.