Condo/HOA Document Review — What to Look For
Use the document window wisely; many forms allow cancellation if documents are unacceptable within time.
Checklist
- Budgets & reserves (adequate?)
- Pending special assessments
- Major litigation
- Insurance coverages
- Rules & leasing policy
Tip
Ask for board meeting minutes for upcoming projects. Calendar the last day to cancel if docs are unacceptable.