A Full Resale Disclosure Package must be
presented to the buyer per Maryland law. Our experts will develop
and expedite resale packages for your condo or home.
Order Resale Packages
Maryland law requires that every seller in a Condominium or
Homeowners Association present a current “Full Resale Disclosure
Package” to the buyer, with time to review prior to the settlement
date. There are three options for ordering a resale package:
- Standard time package 12
business days for $250.00
- Rush time package 8
business days for $300.00
- Expedited Rush time package
4 business days for $350.00
Other Legal References
Currently, lending institutions require the completion of a
Condo Questionnaire of PUD Form. These forms report on your unit
and your Community Association, with information regarding
Reserves, Delinquency, Rental Ration, among other items.
Maryland Condominium Act
Condominiums in the state of Maryland are subject to the
Maryland Condominium Act, which regulates the operations of each
Condominium Regime, and sets down mandates for the ethical and
legal requirements that protect each and every Condo homeowner.
Maryland Homeowners Association Act
While less comprehensive than the Maryland Condominium Act, the
Homeowner Association Act details laws regarding the operation of
Homeowners Associations, particularly regarding Annual and Budget
meetings, and resale requirements.