Buyer ‘Truth in HOAs’ Disclosure Agreement

Dear Prospective Buyer,

If you are planning to buy a residential property under a private government HOA, then you must read the following disclosure and “consent to be governed” agreement.  It contains information that will affect your rights and your expectations of rights that are lost when residing in an HOA.  You will not find this information from the attorney general’s office, the real  estate department or any consumer protection agency.  Nor will you be supplied with these facts that are material to the purchase of an HOA controlled property. 

Read it carefully!  Take it to an attorney, and not the developer or real estate agent.

Show it to the developer/builder, and the HOA president.  Will he agree to signing this document?  If he doesn’t agree or wish to sign-off, these are warning signs.  Ask him to explain why not and to what doesn’t he agree to. 

Record these statements, or have a witness present.  It is for your protection, for the safekeeping of your finances and your home.

 

Yours truly,

George K. Staropoli

Click here to read the Disclosure Agreement

Advertisements
Published in: on April 6, 2011 at 2:43 pm  Comments (2)  
Tags: , , , , ,

The URI to TrackBack this entry is: https://pvtgov.wordpress.com/2011/04/06/buyer-truth-in-hoas-disclosure-agreement/trackback/

RSS feed for comments on this post.

2 CommentsLeave a comment

  1. […] ignored the sources of authoritative advocate information available on the internet, such as The Truth in HOAs […]

  2. […] will not encounter any serious discussion of the constitutional issues as set forth in the “Truth in HOAs” Disclosure Agreement. Rather, he will be treated to one of CAI’s “educational”, […]


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s