Hello Buyer and thanks for your post.
I read all of the comments from the other Realtors, and feel that some of them may have been misled by your question, and, thus, the comments were a little off the mark.
So let's back up a little and talk about what you should be getting from the homeowner (in this case, the bank) when buying a home in a common interest development or homeowners association. The Civil Codes of the State of California dictate what we, as management companies, must provide to homeowners or buyer of units or lots within an HOA. Here is that list:
1. 12 months of Board meeting minutes
2. 12 months of newsletters or correspondence to the general membership
3. Copy of the year end financial statement (if the Association has income in excess of $75,000 per year, the financial statement should be a report from the CPA, called a "review")
4. Copy of the most recent financial statement (draft) approved by the Board of Directors
5. Copy of the annual budget
6. Copy of the governing documents (the CC&Rs, bylaws and articles of incorporation)
7. Copy of the most recent reserve analysis.
8. Statement regarding whether the homeowners association is currently engaged in or is contemplating litigation.
As you can see, there is no reference in the list above to an "assessment study." In short, Buyer, there is no such thing as an "assessment study." In fact, I can understand how, if you were to ask, both the management company and the bank will be scratching their heads asking why you are asking for a non-existent report. If you are referring to the reserve study, most of the times, this report is attached to the budget. If you don't know what you're looking for specifically, consult your Realtor.
If you feel that you are missing any of the documents from my aforementioned list, contact the title company to request a set from the management company. You will be charged a fee for processing the documents, but you will have a complete set without the hassles of trying to contact the manager or getting turned down.
And, one more thing, management companies will NOT talk with buyers or their agents. To be frank, the management company is responsible only for working with homeowners of record, and the buyers must obtain their information from the seller or the seller's agent. In fact, legal experts in our field (HOAs) have always cautioned managers NEVER NEVER NEVER to talk with Buyers because our answers can be construed as adversely affecting or misleading a buyer in the sale and then, voila, we're in court over something that was said. Thus, we won't answer your questions when asked--sorry.
So, have your agent contact the title company to get copies of the documents. Be prepared to pay for the document charge to obtain copies.
Good luck, and if you have any other questions, please contact me at the email address below.
Grace Morioka, SRES
Area Pro Realty-People's Choice
Homeowners Association Manager/Consultant
Co-Author of the Book: "Homeowners Associations: A Guide to Leadership and Partcipation"