Which document is necessary for a CIC's resale package regarding financial transparency?

The inclusion of the current financial statements in a resale package for a Common Interest Community (CIC) is crucial for ensuring financial transparency. These financial statements provide a detailed overview of the community’s finances, including its income, expenditures, and overall financial health. This information is vital for prospective buyers because it allows them to assess the community’s fiscal responsibility and the potential financial obligations they may incur as part of owning a property within the CIC.

Current financial statements are typically prepared and reviewed on a regular basis, making them a snapshot of the community’s financial situation at that particular moment. They may include income statements, balance sheets, and cash flow statements, which all contribute to a comprehensive understanding of the community's financial operations.

While other documents such as plats and maps (which show the layout of the community), summaries of unsatisfied judgments (which outline any legal claims against the community), and statements of pending litigation (which inform potential buyers of any ongoing legal issues) are important, they do not directly address the financial status of the community in the same way that current financial statements do.