Real Estate Professional’s Procedures
- Owner Responsibility. An Owner is responsible for assuring that any real estate professional(s) retained to assist with the sale or lease of its Condominium is fully aware of, and comply with the terms of this Project Handbook and all other Governing Documents.
- Mandatory Information. Any Owner selling/leasing its Condominium must first provide the following information to the Property Manager before any real estate professional(s) may enter the Project in connection with the sale or offering for sale of its Condominium:
(a) Name, company, telephone number, cell phone number and email address of the real estate professional(s).
(b) A written statement authorizing the real estate professional(s), escrow officer(s), and any other persons assisting the Owner, to receive responses to disclosure requests.
(c) A list of real estate professionals (alphabetized by last name) who have authority from the Owner to show its Condominium to prospective buyers. Access will be in accordance with Association policies and access will be denied to anyone not provided on such list.
- Prohibited Activities.
(a) No open houses are permitted. Condominiums may only be shown by scheduling an appointment with an Owner’s real estate professional(s).
(b) No signs, flags, banners, or the like advertising the sale or lease of a Residential Condominium may be displayed within any portion of the Common Area or Association Property. Review the signage section of the Architectural Guidelines for more details.
(c) Lockboxes may not be attached to any common area property or affixed to the front door of any unit. Lockboxes found attached in such a manner may be immediately cut off and removed.
- Notice Upon Sale. Upon sale of a Condominium, the name of the purchaser and the purchaser’s contact information must be delivered to the Property Manager in writing when escrow is opened for the Condominium. A copy of the recorded deed must be delivered to the Property Manager as soon as it is available.