Condo Fact of the
Day...Did you know? When shopping for previously owned condos you must
be provided a current copy of the declaration of condominium (Condo
Docs), articles of incorporation of the association, bylaws, rules of
the association, a copy of the most recent year-end financial
information and the question and answer sheet more than three business
days prior to execution of a contract.
FSBO Tip...If
you live in a planned unit development such as a condo or townhome,
the buyer will ask for a copy of the homeowner association rules and
regulations. If there is a fee charged to produce these documents,
it is generally negotiable as to which party pays it.