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2004 SESSION

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HB 443 Condominium and Property Owners' Association Acts; resale disclosures.

Introduced by: Terrie L. Suit | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Condominium and Property Owners' Association Acts; resale disclosures. Provides that in the Condominium and Property Owners' Association Acts any request by a lender to a unit owner's association, or a management company representing the unit owner's association for information necessary for a borrower to provide to the lender as a condition precedent to a settlement of a mortgage loan, shall be provided to the lender within seven calendar days after the date of receipt of the written request received by mail, fax, hand delivery or electronic mail, and shall be provided as part of the resale certificate, at no additional charge.


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