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James Mudd
  • Real Estate Agent
  • Realtor - Dallas, TX
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342
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Condo purchase...how to get copy of bylaws...?

James Mudd
  • Real Estate Agent
  • Realtor - Dallas, TX
Posted Apr 10 2014, 21:18

I am having a hard time getting the bylaws for a condo purchase...I have been told I must make an offer before I can get a copy of the bylaws. They have 10-15 days after offer to get the info to me. Is this correct, or can I get a copy before placing an offer?...the questions I need answered are:

What percent of the units are owner occupied?

What percent of the condos may be rented out per HOA?

What percent of the owners are delinquent on HOA dues?

Does a single entity own 10% or more of the units?

Does the HOA have at least 10% of its budgeted income designated for replacement reserves

...will the bylaws reveal this information?

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