Photograph by Patrick Tomasso via Unsplash.

RESALE CERTIFICATE

 

Pursuant to AS 34.08.590, a Resale Certificate is required for a sale of property within many of the Associations we manage.  Buyers are allowed 5 days to review per statute.

The Resale Certificate allows prospective buyers the opportunity to evaluate the financial stability and overall management of the Association.  Here is a partial list of what a Resale Certificate contains and why it is important to review it carefully:

  • Amount of dues and how often assessed;

  • Pending special assessments, unsatisfied judgments or pending litigation, if any;

  • Financial reports and meeting minutes;

  • Pending capital expenditures in excess of $3,000 for the current and the next two fiscal years;

  • Insurance coverage: Directors & Officers coverage and/or General Liability coverage for the Association, if any;

  • A copy of all governing documents providing insight as to what an owner can or cannot do in the Association.

The Resale Certificate order form should be filled out and emailed or faxed to us for processing, if required.  We request 10 days to process.

Photograph by Kent Rebman via Unsplash.

 

ASSOCIATIONS WE MANAGE

 

Aero S/D on Wolf Lake Homeowners' Association

Aleutian Estates Water Association  (Consumer Confidence Report)

Brentwood Estates Owners' Association

Church Ridge Estates Homeowners' Association

Colonial Park Owners' Association

Creekshore Estates Homeowners' Association

Crimsonview Owners' Association  (Consumer Confidence Report)

Eagle Estates Homeowners' Association

Eagles Roost Owners' Association

Heart Haven Estates Owners' Association  (Consumer Confidence Report)

Inlet View Owners' Association

Iris Circle Water Corporation  (Consumer Confidence Report)

Lake Pointe Homeowners' Association

Memory Lakes Estates One Owners' Association

Midtown Estates Property Owners' Association

PAAQ Hangar Association

Paradise Park Homeowners' Association

Pioneer Meadows Homeowners' Association  (Consumer Confidence Report)

Ranch Phase 7B Lot Owners' Association

Ridgewater Coves Owners' Association

Scotwood Water Association  (Consumer Confidence Report)

Serendipity Hills Owners' Association

Serendipity Home Owners' Association

Settler's Bay Airstrip Association (part of Crocker Creek S/D, Phase II)

Sheena May Estates Homeowners' Association  (Consumer Confidence Report)

Starboard Cove Homeowners' Association

Violet Circle Water Association  (Consumer Confidence Report)

Wasilla West Property Owners' Association  (Consumer Confidence Report)

Woodfield Estates S/D Homeowners' Association

Woodfield Park Estates Homeowners' Association

Lawrence Airfield S/D including Aviation Ridge - Resale Certificate ONLY

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