Any person
offering to sell or lease lots or units in a common interest
development (a community apartment project, condominium
project, planned development, or stock cooperative) which
requires a public report prior to the offering must make
available the following documents to the prospective buyer
or lessee before the execution of an offer to purchase
or lease:
• the declaration of covenants, conditions,
and restrictions;
• the articles of incorporation
and bylaws for the association;
• any other
instrument which establishes or defines the common, mutual,
and reciprocal rights and responsibilities of the owners
or lessees of interests in the development;
•
the current budget and related financial statements of
the association; and,
• a statement prepared
by the governing body of the association regarding any
outstanding delinquent assessments and related charges
levied by the association against the subdivision interest
the prospective purchaser (or lessee) is considering buying
(or leasing).
•
In addition, the subdivider (or agent) must deliver to
the purchaser or lessee copies of the foregoing documents
prior to close of escrow. (Business and Professions
Code Section 11018.6)
Contact
us for more info on Saratoga CA Governing Documents
and Disclosures
|
California
Real Estate Laws & Disclosures
Relative to Sub-Divisions
 Prospective
Purchaser
Disclosure
of Material Facts
Statement
of Defects
Blanket
Encumbrance
Right
to Recind
Notices
to Tenants
Financing Real Property
Adj.
Rate Loan Disclosure
Disclosure
By Agent
Disclosures
to Borrower
Multi
Lender Transactions
Transfer
of Loan
Truth
in Lending
Disclosures to Lender
Housing
Discrimination Act
Equal
Credit Opportunity Act
Loan
Servicing
Right
to Appraisal
Real
Estate Settlement Act
Real Estate Agents
Sale
Price Information
Visual
Inspection
Real
Estate Commissions
No
Disclosure Required
Agency
Relationship Disclosure
Transfer of Real Property
Water
Heater Certification
Structural
Pest Control Inspection
Disclosures
Upon Transfer
Retrofit
and Thermal Insulation
Foreign
Investment Tax Act
State
Tax Withholding
Registered
Sex Offenders
Lead-Based
Paint Hazards
Controlling Documents
Title
Insurance
Smoke
Detector
Transfer of Business Opportunity
Bulk
Transfer Law
Ficticious
Name
Sales
Tax Clearance
Definition
of Business Opportunity
Franchise
Investment Law
Government
Agencies
Liquor
License
Misc
Check
21 |
Saratoga
MLS Search