What Are Resale Disclosure Documents?
Whether you are a property management company or a self-managed homeowners association, you will at one point need to handle resale disclosure documents.
Depending on the type of community you have, this will impact whose responsibility the resale documents fall under. Resale documents, also known as estoppel letters or closing letters, are documents that provide specific information about the home you are buying and its standing in the community association. These can be difficult for managers to handle since they have a lot of legal ramification involved. Here are some things you should know about resale documents.
Who Manages Resale Documents?
The type of community you are will determine who is in charge of resale disclosure documents.
If your community is part of a larger property management company, the PMC should handle all accounts of resale documents and provide the necessary paperwork. If you are a self-managed association, this responsibility should be given to one board member or community manager who is well-versed in this area and can reliably handle the job. With all the paperwork and legal ramifications in play, this can be a major challenge for both PMCs and self-managed communities. Luckily Enumerate has a feature designed to help you in this area.
Streamlining Your Documentation Process
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Enumerate Central helps you streamline your resale documentation process much faster.
We have recently partnered with HomeWiseDocs to offer easier documentation, creation, and sharing. With HomeWiseDocs integration, property managers and HOA board members requiring essential real estate data and documentation can access this information whenever they need it. Like other Enumerate products, your documentation lives in the cloud, so it’s always backed up and secured so you can access it when it’s necessary. Simplify your resale disclosure documents with Enumerate Central and HomeWiseDocs.
Why Resale Documents are Important
We know in community management there is a lot of paperwork.
With Enumerate, we digitize your documents, so property managers can organize documents easier and transfer those documents to the respective owners faster than paper or traditional mail. When dealing with resale documents, you are also required to obtain certain government documentation to complete the transfer process. Enumerate keeps all of these saved in your system, so you can easily access any necessary document at any time. When dealing with important documentation like this, it is imperative all paperwork is filled out fully and correctly. Enumerate can help you achieve this goal.
Simplify Documentation
You can get started simplifying your documents with Enumerate today.
As we’ve discussed, accurate resale documentation is essential for a community to continue thriving. Enumerate makes this easier than before and saves you time organizing documents as well. Reach out to Enumerate and get started using our new HomeWiseDocs feature.
FREE Download:
Download a FREE Sample Estoppel Form Letter for resale disclosure!
In this download, you will receive a customizable Estoppel letter ready for you to copy and paste into your management letter system.
The letter includes all the merge codes you need.
- Copy and paste the content into Word or the program of your choice.
- Link up the merge codes to your data.
- This form letter is ready to go.
This is the resource you’ve been waiting for.
