Records for Potential Buyers
Adams Stirling PLC
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RECORDS FOR POTENTIAL BUYERS

QUESTION: If someone "might" buy a unit, do they have a right to the association's books and records? Then anyone could look at our books, no?

ANSWER: Potential buyers do not have a right to review and copy the association's books and records. Only members have that right. Once a buyer enters escrow with a seller, he can request documents from the seller. Sellers have a duty to disclose relevant information to buyers and can request records from the association as provided for by statute.

ASSISTANCE: Associations needing legal assistance can contact us. To stay current with issues affecting community associations, subscribe to the Davis-Stirling Newsletter.

Adams Stirling PLC