What is an HOA resale disclosure package and who pays for it?
By OurHOA · General information · Revised
A resale package supplies association information for a home purchase. Confirm the required contents, responsible parties, fees, and delivery dates for your specific transaction.
Build a checklist for the actual property
Ask the closing professional which disclosures are required by the applicable law, contract, and property type. Identify every association connected to the home. A manager’s standard package may be useful, but its label does not establish that all required information is included. Assign responsibility for ordering, paying for, and delivering each item.
Check contents against the governing requirement
California section 4525, for example, lists governing documents, recent annual reports, assessment and unpaid-charge information, specified unresolved-violation notices, and other disclosures. Its current text also includes the most recent section 5551 inspection report. Some items have conditions, such as requested approved board minutes. Use the complete applicable list rather than treating this example as a nationwide checklist.
Order with enough time to review
Ask for the preparation period, delivery method, expected dates, and any document that is unavailable. Record when the buyer actually receives the materials. Production deadlines and buyer remedies differ by jurisdiction and contract; do not assume a universal ten-business-day turnaround or automatic cancellation window. Raise missing information with the closing professional before deciding whether to proceed.
Separate mandatory documents from optional services
Request an itemized estimate and ask whether you already hold usable current copies. California section 4530 regulates the request process and document charges, including separate billing and restrictions on bundling required documents with other transaction material. A lender questionnaire or rush service may be a different request. Confirm who must pay under the applicable rule as well as any buyer-seller agreement.
Review the information before relying on it
Check the property address, report dates, approved assessment changes, relevant restrictions, and unresolved issues. Compare the account information with the closing statement and ask for clarification of discrepancies. A packet can be complete yet contain a financial or maintenance concern worth investigating. Keep the delivered version and later corrections so everyone is working from the same records.
Sources
These guides are general education for HOA boards and residents, not legal, tax, or financial advice. Rules vary by state and by your community's governing documents - check with a professional for your situation.