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What? You Must Pay RMI $622 to Sell Your SCA Home!

Posted By bobfrank On March 4, 2011 @ 22:08 In Truth Squad, Ann_Small, 2011 Campaign, SCA Board, Community Affairs, Operations, Clubs & SIGs, News! | No Comments

(Updated)  We are not joking!  According to Realty Executive Agent Laura Harbison in early March mail,  the Law
now requires a seller to obtain and pay for the HOA Resale document package that includes CC&Rs, Bylaws, Rules &
Regulations, statement of monthly assessments for common expenses and unpaid assessments, the current
Operating Budget, the current association financial statement, a statement showing any unsatisfied judgments or
lawsuits against the association or relating to the common interest community.

In addition, the law does not allow a seller to provide the buyer with the seller’s personal copies.  The law now
requires the seller to obtain and pay for the package of copies from the HOA management company.  The HOA
management company can not bill the expense to escrow.  The seller is required to pay for it when it is ordered.

“The current cost of this package in Sun City Anthem is $527!”  There is also a $95 “Demand Fee” that must
be paid to RMI–for a total of $622!  Not joking folks–according to Ms. Harbison.

This is bloody OUTRAGEOUS!   And, some members may still be wondering why some of us “malcontents” are so
adamant that something has to be done to replace our association attorney, management company and board?

The actual cost of routinely producing a CD containing all of the latest versions of those documents could not
exceed $5.   So, why would the SCA Board ever agree to allow RMI to receive windfall profits of at least $522 for
every home hold in SCA?  Can you agree that is a classic rip-off?

Do you suppose any SCA director will have the guts to defend such an outrage?   Is this not more slam-dunk
evidence that all of those XXXXXX directors must be fired/removed and replaced by truly ethical SCA members?


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