Welcome to our guide on Condo Association Estoppel Letter Sample. Below, you will find examples of Condo Association Estoppel Letter Sample that you can use and modify as needed.
Understanding the Importance of Condo Association Estoppel Letter Sample
When dealing with real estate transactions involving condominiums, it is crucial to obtain a Condo Association Estoppel Letter. This document provides important information regarding the financial and legal status of the condo association, which can impact the buyer’s decision. Here are some key points to consider:
- Verification of the current owner’s financial obligations to the association
- Confirmation of any pending special assessments or litigation
- Details on the association’s rules and regulations
Example of Condo Association Estoppel Letter Sample
Dear [Recipient’s Name],
I am writing on behalf of [Condo Association Name] to provide you with the following information:
1. The current owner of Unit [Unit Number], [Owner’s Name], is up to date on all financial obligations to the association. There are no outstanding fees or dues owed.
2. There are no pending special assessments or litigation involving Unit [Unit Number] at this time.
3. The association’s rules and regulations can be found in the attached document for your reference.
If you require any further information or have any questions, please do not hesitate to contact me at [Phone Number] or [Email Address].
Sincerely,
[Your Name]