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Youree Lundy, Your Realtor For Life (Keller Williams Advantage III Realty)

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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

If the HOA docs are ordered correctly, in CA, they use a form. The form is the questionnaire.  However, despite what the contract states, most listing agents in my area have the title company order ... and they don't use the form. Garbage in. Garbage out. 

The condo cert required by the buyers lender is most often paid for by the buyer. That, as Michael Jacobs states, is negotiable ... and is negotiated in the purchase agreement as to who pays for what. 

Jul 19, 2016 02:28 AM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

It should include

  • the Q and A
  • the financials
  • current ruls and regs

Since the seller is required to provide, the cost is theirs also.

Eve

Jul 19, 2016 02:12 AM
Rainmaker
4,571,881
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Everything is negotiable but typically the questionnaire is required by the buyer's lender(and buyer pays) if there is a fee. 

Jul 19, 2016 01:54 AM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

HOAs here charge for the preparation of HOA documents for the buyer, oftens hundreds of dollars. The lender normally forwards a copy of the condo questionnaire - the Demand - to the HOA as well for completion. I don't think there is a separate fee, but for that buyer would pay

Jul 19, 2016 01:54 AM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Not required but It is one that I ask for

Jul 19, 2016 12:11 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

The lenders are not asking for the condo questionaire at the beginning. I get asked for that later on.

Jul 19, 2016 11:55 AM
Rainmaker
4,935,556
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Not sure about that.  My title company provides everything for a fee.

Jul 19, 2016 05:44 AM
Rainmaker
2,781,013
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

The association knows what is required and will provide. Some charge for it. Furthermore, competent escrow officers know what is needed too

Jul 19, 2016 02:16 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Youree,

Everyone here gave you great answers.  A

Jul 19, 2016 02:04 AM
Rainmaker
7,835,293
Roy Kelley
Retired - Gaithersburg, MD

It appears that you have some good answers.

Jul 19, 2016 08:36 PM
Rainmaker
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Youree Lundy - the condo questionnaire goes directly to the lender...

Jul 19, 2016 03:29 PM
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Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

There is a lenders questionaire that isn't typically included in the condo documents.  I haven't noticed charges being passed on at settlement.

Jul 19, 2016 03:11 PM
Rainmaker
1,157,785
FN LN
Toronto, ON

Specific documentation described by legislation is available from condo management for a price set by the legislation.  There is no "condo questionnaire" requirement in my jurisdiction.

Jul 19, 2016 12:48 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

My escrow order HOA docs only after the offer acceptance, since can be very expensive and should be paid in advance. 

Jul 19, 2016 05:24 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Youree Lundy All items within the condo docs are the responsibility and expense of the seller.

Jul 19, 2016 03:40 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

that does include the questionnaire....

Jul 19, 2016 01:55 AM
Rainmaker
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Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Seller provides all docs

Jul 20, 2016 12:23 AM
Rainmaker
5,216,284
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Yes, the requiremnt to provide the questionnaire is in the contract!

Jul 20, 2016 12:18 AM
Rainmaker
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

yes

Jul 19, 2016 12:58 PM
Rainmaker
2,443,250
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

I would think it means all docs, not just some of them.

Jul 19, 2016 10:39 AM
Rainer
56,940
Ari Taylor
Century 21 North Shore - Peabody, MA
Realtor with Century 21 North Shore!

Yes, actually the seller has to have it filled out by another condo owner. Last year I sold a condo and the LA was taking his time getting these docs(it was holding up closing), there was another unit in the building on the market and I got them from that agent!

Jul 19, 2016 08:27 AM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Anything which pertains to what you're getting yourself into desrves some scrutiny. It's a small price to pay to see how it's being governed along with the economic health of the Association.

Jul 19, 2016 05:33 AM
Rainmaker
1,844,171
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

No it does not include the 921 or something like that. We provide for free the rules, decs, bylaws.  Lender then might want that form & the mgmt company charges an arm & a leg.  I've always fought that the buyer should pay.

Our contract does not call for seller to pay for lender questionaire. So it's an up in the air item.

Jul 19, 2016 04:25 AM
Rainmaker
1,239,801
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Yes absolutely. 

Optional.

Jul 19, 2016 04:07 AM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Fortunately this has not been an issue in Erie market

Jul 19, 2016 03:58 AM
Rainmaker
1,502,868
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm not familiar with a questionnaire required by lenders.  That would likely be covered under the loan contingency, assuming the lender will not loan if it comes back with bad answers.

The rest of the docs are part of the buyer's inspection contingencies.

*All answers based on CA practices*

Jul 19, 2016 03:57 AM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

What Mike & Eve Alexander said about Florida.

 

Jul 19, 2016 02:53 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Yes, this is standard procedure.  But, most managers don't charge for this form.

Jul 19, 2016 02:52 AM
Rainer
17,656
Chris Fosgate
Keller Williams - Kansas City, MO
Assistant Team Leader - Keller Williams, KC North

Yes, we include the questionaaires in our area. Lender or title company usually facilitates this request.

Jul 19, 2016 02:44 AM