Which of the following would NOT be found in the resale package?

Prepare for the Nevada Community Manager Exam. Use quizzes with flashcards and a variety of questions, each with helpful hints and detailed explanations. Enhance your understanding and achieve success!

The management contract is an internal document that primarily concerns the relationship between the community association and the management company. Its purpose is to outline the responsibilities, obligations, and fees of the property manager, and it is not typically included in the resale package provided to potential buyers. A resale package is intended to give prospective buyers essential information about the property they are interested in purchasing, such as financial statements, rules, and disclosures related to the community.

On the other hand, the other elements described—statements of unsatisfied judgments, pending legal actions, and fees associated with the resale—are crucial for potential buyers to understand the financial and legal standing of the association. These items help buyers make informed decisions about the implications of purchasing a unit within the community. By ensuring that potential buyers are aware of any existing legal issues or financial commitments, these disclosures aim to protect both the buyer and the community association.

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