Don't buy someone else's $40,000 bill.

Big repairs that the building hasn't saved for become special assessments, and they land on whoever owns the unit when the board votes. Check the building before your contingency ends.

Free risk check Have us read the documents, $179

Eight quick questions about the building.

State

How old is the building?Under 15 years15 to 29 years30 to 39 years40 years or more

How tall is it?1 or 2 stories3 stories or more

Is it within about 3 miles of the ocean?NoYes

What do you know about the reserve fund?Study seen, well fundedStudy seen, underfundedThere is no reserve studyHaven't seen it

Any special assessment approved or being discussed?NoYes, approvedBeing discussedDon't know

How much did the monthly fee rise last year?Under 5%5 to 15%More than 15%Don't know

Any lawsuits, failed inspections or insurance problems mentioned?NoYes, or not sure

When does your contingency period end or do you close?Within 2 weeksMore than 2 weeks awayStill looking

Please answer every question.

Closing soon? Have us read the building's papers first.

Free risk check Document check, $179

HOA Relief

Plain answers and tools for condo and HOA owners facing a special assessment or a big fee increase.

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HOA Relief is not a law firm and does not give legal advice. Our tools, letters and reviews explain your options in plain English. For advice on your situation, talk to a lawyer licensed in your state.