According to the California Association of Realtors, Condominium or Other Common Interest Development documents are LEGALLY-MANDATED disclosures for a typical REO sale in California:
If the property you are buying has an HOA then you may want to inform the REO Listing Agent that according to CAR:
"The seller of a condominium or other separate interest in a common interest development must provide the governing documents and other items to the prospective buyer (Cal. Civ. Code Â§ 1368(a)). There is no exemption from this requirement for REO lenders. The law also requires the homeowners' association to provide these documents to the owner upon written request (Cal. Civ. Code Â§ 1368(b)). "
Also, ask that the Listing Agent to use CAR Form HOA! Citing CA Civil Code Â§1368 as its authority, CAR form HOA provides THE list of disclosures a HOA must provide to the Seller within a 10-day period of CAR form HOA submission. Page 2 of the form provides for the HOA to notate each item as "Attached" or "Not Available". There is also space for an explanation.
This link will take you to Cardinal Pacific Escrow Page. It shows the TYPICAL Escrow charges. You'll see that HOA fees are clearly in the Sellers Cost section. Therefore by paying the HOA fees the seller is NOT contributing to the Buyers non-recurring costs. Note: I selected the Cardinal Pacific Co. at randon
You should also know that the purpose of an addendum is to modify the contract as agreed by both parties. The following link will explain
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