If there is a Community Association Disclosure Exhibit included in your Contract on this property, it clearly denotes who is responsible to pay the Initiation Fee... and it is usually the Buyer. Most HOAs or Condo Associations will provide the documents to you. If the HOA of Condo Association is professionally managed, they typically will charge you a nominal fee to obtain these; however, most HOAs provide them for free. You could also try and obtain them from the Seller of the Property.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of mortgage lending experience.
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203(k) Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyleÂ® Renovation | VA | USDA | GA Dream | Jumbo Financing.
These are questions best answered by a Real Estate Attorney.
The State of Georgia is an Attorney State, and I suggest you reach out to an attorney for any legal advice.
It sounds to me like you may have already experienced, or anticipate experiencing issues with a Homeowners Association.
Having an attorney should help you navigate potential challenges.
NMLSR ID 448285
Wells Fargo Home Mortgage
464 Cherokee Ave Se
Atlanta, GA 30312
Tel (404) 610-1011
Fax (877) 302-9968