Here is a sample template you can use to write a closing letter from HOA.
If you are a board member of a homeowners association, you may be responsible for writing closing letters to the residents. While this may seem like a daunting task, using a sample template can make the process much easier.
This article provides a sample template and tips for writing an effective closing letter.
Date
Name of Homeowners Association
To whom it may concern.
Closing Date: __________
Sellers Name: ____________
Property Address: ________________
In the following few paragraphs, you can see the account’s status as of today’s date, as follows.
$_______________ dues for the year/month of _____________ are paid/due
$_______________ collect from buyer for the year/month of ____________
$_______________Homeowners Association transfer fees.
$_______________ Clearance Letter fees.
$_______________ of total due to __________
Working Capital to be transerred between Buyer and Seller: $_____________
Verified by [Persons Name]
Signature
[Board Members Designation]
Homeowners Associations serve an important role in maintaining the property value of a neighborhood and ensuring that residents adhere to certain standards.
One of the most important duties of an HOA is to send out Closing Letters to homeowners who are selling their property.
A Closing Letter is a document that outlines any unpaid dues or fines that must be paid before the sale can be completed. While it may seem like a simple task, there are a few things to keep in mind when writing a Closing Letter.
First, be sure to include the full name and address of the homeowner, as well as the date of the sale.
Second, clearly state the amount of any outstanding dues or fines.
Finally, be sure to sign and date the letter, and include contact information for the HOA in case the homeowner has any questions.
If you have any questions about writing a Closing Letter, or would like assistance with any other aspect of your homeowners association, please contact us today. We are here to help!
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