What is the collection of various records and documents provided to potential buyers known as?

The collection of various records and documents provided to potential buyers is known as the resale package. This package typically includes important information about the community or development, such as financial statements, governing documents, rules and regulations, and any disclosures required by law. It is designed to give prospective buyers a comprehensive understanding of the property and community, ensuring that they are informed about their rights and responsibilities before making a purchase.

This process is essential in real estate transactions, especially in planned communities or homeowners associations, as it helps protect both the buyer and the seller by ensuring transparency. Having a resale package allows potential buyers to assess whether the community aligns with their expectations and lifestyle, making it a critical component of the home-buying process in these types of environments.