An estoppel letter HOA is an official document that outlines the financial status of a property within an HOA. It confirms whether there are any outstanding dues, fees, or violations that need to be resolved before the sale can proceed. Buyers typically request this letter to ensure they are fully informed of any financial obligations before committing to a purchase. Sellers may be required to provide it as part of the transaction process. Understanding the role of the estoppel letter HOA helps prevent costly surprises and ensures a transparent real estate deal.
https://heywoodmanagement.com/what-is-an-hoa-estoppel/
The Importance of an Estoppel Letter HOA for Real Estate Transactions