RESALE PACKAGE

A resale package is a packet of vital information provided to those purchasing a home or condo in an association. The packet includes a complete set of recorded documents that govern your association.

The resale certificate provides transparency about the community and the seller’s financial obligations to the association.

Each of the following documents are included in every resale package:
  • Balance Sheet
  • Articles of Incorporation
  • Budget
  • Bylaws
  • CC&Rs
  • Insurance Declaration Page
  • Resale Certificate/TREC Form

A resale package provides you financial information for the association, the governing documents or rules of the association and the certificate of insurance.

  • Allows sellers to disclose their standing with the HOA.
  • Lets buyers know that the HOA they are joining is financially sound.
  • Minimizes financial risk for the HOA. It ensures that if the seller isn’t up to date on payments, it can become the buyer’s responsibility after a certain amount of time and the association won’t be left unpaid.

  • Protects all parties involved as well reducing liability for the HOA if the seller isn’t up to date on payments.

Standard

$275
  • 6 Business Days

Priority

$375
  • 3 Business Days

Rush

$400
  • 1 Business Day

RESALE PACKAGE

  • Balance Sheet
  • Articles of Incorporation
  • Budget
  • Bylaws
  • CC&Rs
  • Insurance Declaration Page
  • Resale Certificate/TREC Form

STATEMENT OF ACCOUNT

A statement of an account is a document intended to inform the title company of monies to be collected at the time of closing. Due to privacy practices, parties other than the homeowner or the title company cannot order the Statement of Account document.

STATEMENT OF ACCOUNT

A statement of an account is a document intended to inform the title company of monies to be collected at the time of closing. Due to privacy practices, parties other than the homeowner or the title company cannot order the Statement of Account document.

The statement of account provides you detailed closing costs and account balance breakdown that will be collected at the time of closing.

Base Price

$110
  • 6 Business Days

Rush Order

$205
  • 3 Business Days

Rush Order

$230
  • 1 Business Day

TRANSFER FEES

This is a $180 fee paid by the buyer of a property at the time of closing. It is a fee paid to CONCEPT HOA as a result of transferring the ownership from the seller to the buyer within our HOA servicing system. It is the same regardless of association or type of property.

FORECLOSURE

If the property being sold is bank owned as a result of a foreclosure action, the bank owned property packet should be ordered which typically includes the following documents:

The Statement of Account should not be ordered if the property is in Foreclosure, as it alone does not have all required documents needed for this transaction.

The bank owned property packet typically includes the following documents:
  • Statement of Account
  • Budget
  • Current Unaudited Financial Documents
  • CCRs
  • Articles of Incorporation
  • Bylaws
  • Unit Ledger
  • Insurance Dec Page
  • W9