Thinking of selling your condo?

Here is the typical process of selling your condo:

1. Signing listing agreement with Broker
2. Making necessary repairs to prep the unit, hiring photography, and staging.
3. Listing, negotiating between offers, accepting an offer and then opening escrow.
4. When escrow opens, the escrow will send the HOA Demand letter - usually a 1-page questionnaire requesting basic information and documents (CC&Rs and By-Laws) from the HOA.
5. ​Buyers will typically have contingencies in their offer, and receiving the disclosures from the HOA is usually part of this contingency.

How Sellers Can Prepare in Advance:
​It would be great if you can get this info so we're extra prepared and less likely HOA questions will hold up escrow:

- Name of HOA
- HOA management contact info
- HOA account statement for your unit
- Cost of transfer / process / turnaround time (for filling out HOA escrow demand and answering buyer/lender questions)
- HOA insurance COI
- How much are monthly HOA dues?
- Upcoming projects?
- HOA Financial reports for recent YTD
- HOA maintenance reports for recent YTD
- What do HOA dues cover?
- Are any utilities included in the HOA fee?
- Are there any pending assessments?
- What percentage of the units are owner occupied?
- Does any one entity own more than one unit, if so, how many units do they own? 
- Are there any lawsuits pending or open against the property or the HOA management?
- How old is the roof?
- Last reserve study?
- Last termite report?
- How much does the HOA have in reserves?
- Number of units that are rentals?
- Last meeting minutes
- CC&Rs and By-Laws, Community Rules
- HOA Pet rules?
- HOA renter rules?
- HOA budget (if any)
- Any recent major works completed or repairs?
- Any other issues (neighbors, bed bugs, construction) that needs to be disclosed?
- Is the HOA current with Secretary of State?