HOA Fees & Closing Letter

Prior to closing, if applicable, the attorney’s office will order a closing letter from the Homeowners Association (HOA) stating the amount of the association’s dues paid annually or on a monthly basis.

The HOA letter will state any past due amounts owed by the Seller. The letter will also state whether there are any initiation fees, transfer fees, or special assessments owed to the association.

ECS requests that we receive a contact name, email, and phone number for the association, so we may request the required information ahead of closing. Most HOA’s charge a fee to provide us with an accounting status letter. It is the Sellers’ responsibility to pay for this letter, unless negotiated otherwise.