Sentences with phrase «for estoppel certificates»
Earlier this year, Florida REALTORS ® rallied to support legislation that reigned in unreasonable fees that some association management companies were charging for estoppel certificates (a snapshot statement of the fees or assessments a seller may owe their HOA).
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The new caps are curbing the extraordinary charges some property owners were forced to pay, such as $ 1,610 for an estoppel certificate on a property that sold for $ 190,000.
Not exact matches
The management company was required to indemnify the condominium corporation for its error in completing the estoppel certificate.
This means that the landlord will also have to sign an estoppel certificate should a prospective subtenant request one, for example.