Due Diligence Done For You
- Disclosure documents provided by the Association, management company, or document provider often have little to no quality control.
Professional Review Identifies Missing Documents and Explains
- What each missing document should contain
- Why it is required under the Davis-Stirling Act
- The potential impact on the buyer
- Sellers cannot rely solely on these documents to ensure compliance with the Davis-Stirling Act. Simply delivering documents from the Association may not satisfy disclosure obligations.
- Under Civil Code §4525, sellers are required to provide specific disclosures to prospective buyers regarding the business operations of the Association.
- These documents are typically requested from the Association by the seller or their agent.
- The Association has 10 days (excluding Sundays and legal holidays) to provide the requested documents or explain why they are unavailable.