Yes - for properties governed by a homeowners association, you must provide buyers with governing documents, financial statements, current dues, and any pending or anticipated special assessments. Lenders require this information for financing approval. Undisclosed assessments or governance issues discovered during due diligence give buyers leverage to renegotiate or walk away. Proactive disclosure prevents surprises and compresses the closing timeline.
From the seller playbook: HOA and Community Governance Disclosure for Suburban Property Sales
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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