When selling a condo is the condo association notified of the sale?

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When selling a condo is the condo association notified of the sale?

Does the seller’s lawyer or agent contact the condo association to see if there are any outstanding amounts due to the association? We are a small 3-owner association.

Asked on January 5, 2011 under Real Estate Law, New Jersey

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

Generally speaking, yes, the condo association should be notified as to outstanding dues or debts owed by the condo owner.  Additionally, the condo should be represented at the closing by an attorney.  The size of your condo should not really matter here and if your attorney in the sale or purchase of the condo is knowledgeable in real estate then he or she should know all of this.  Make sure that all the necessary documents for transfer are prepared as well (the condo association attorney should be the one for all of this).  I am assuming that the condo board has approved the new owner if that is necessary there.  Good luck to you.


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