ST Alpha - "Uhm... you didn't review them before making an offer? -- nm" (Reading a Post)

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In response to ""The condo board meeting minutes talk about roof leaks and water infiltration"" by ty97

Uhm... you didn't review them before making an offer? -- nm

Posted by Spawn Jan 6 '11, 10:34

(No message)

Responses:

I don't know about Indiana, but in Illinois you don't have access to that level of information pre-offer. -- nm - ty97 Jan 6, 10:37 12
- but there are a bunch of steps between offer and close and contingencies within. One being and examination of condo docs and minutes, right? -- nm - Diva Jan 6, 10:42
- In BC, you're granted access to the minutes from the last two AGMs, any SGMs in the past two years, and the minutes from each councilmeeting for 1year -- nm - Beryllium Jan 6, 10:40 1
  - (Prior to removing conditions on the offer, which means that if the minutes are disagreeable, you can terminate the offer) -- nm - Beryllium Jan 6, 10:42
- The inspection doesn't? - Will Hunting Jan 6, 10:38 4
  - oh, the *unit* is fine. -- nm - ty97 Jan 6, 10:41 3
    - There could be a trickle-down effect. (Pun quite intended, as it applies in two ways. :) ) -- nm - Beryllium Jan 6, 10:43 2
      - Also as in, welcome to your new special assessment! -- nm - Spawn Jan 6, 10:44 1
        
        That's the primary concern. - ty97 Jan 6, 10:45
- your real-estate attorney wasn't allowed to see the condo docs? huh? -- nm - Diva Jan 6, 10:38 1
  - She was, we just go them this week -- nm - ty97 Jan 6, 10:41
- Pretty sure in any state you can press for it and get it. -- nm - Spawn Jan 6, 10:38 1
  - And that stuff falls under the Disclosure rules, anyway. -- nm - Spawn Jan 6, 10:38

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