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Co Operative Resale DisclosureAddendum for MD & DC 213 PDF Form

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[Music] [Applause] [Music] today's video podcast is another in the series discussing what a licensee and buyer should look for in a resale certificate whether the resale certificate comes from a condominium association or a single-family mandatory property owners association as discussed in the previous video podcasts when the resale certificate is received it is imperative that the Bayeux review the information very carefully in addition to setting out the periodic dues assessments the special assessments deposits for reserves and fees associated with the transfer of the property the resale certificate must disclose whether there are any lawsuits pending against the Association this is important to know because pending the outcome of the suit there could be additional dues levied against the property's covered by the Association before closing the buyer will want to investigate the nature of any suits and weigh the risks associated with any outcome not in favor of the Association alte

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