When selling a home in a planned community, Pennsylvania state law requires a seller to provide the buyer with a resale disclosure package before execution of the sales contract.
This package includes the resale certificate, governing documents and financial documents for the homeowners association. This Resale Certificate package is required by Pennsylvania law to be given to each prospective buyer a minimum of ten days to review before closing.
When a property owner decides to sell a property, they may hire a real estate agent or they may decide to sell the property themselves. In either case, a Resale Certificate package must be ordered no later than one month before closing. The Resale Certificate package contains documents pertaining to the planned community: dues information, bylaws, deed restrictions, building requirements, rules and regulations, and other various financial documents. The Resale Certificate, along with its accompanying documents, is ordered and paid for by the property's seller. It is a cost of selling property within a planned community. The Townes at Hershey Road HOA’s fee for a Resale Certificate package is $200.00. The Seller or the Seller’s Realtor must contact The Townes at Hershey Road Treasurer, to request the Resale Certificate package. The Resale Certificate package fee can be paid up front by the Seller at the time of the request or can be paid by the Seller as part of the property closing with the settlement agent deducting the cost of the Resale Certificate package from the proceeds of the sale and mailing a check to the HOA.
Be sure that any real estate agent hired to sell your home is aware of the requirement for a Resale Certificate package and that The Townes at Hershey Road community has a monthly HOA dues requirement. As an additional note, if a property that is being sold has unpaid HOA dues, they should be paid in full prior to property settlement or it may put the sale of the property in jeopardy. Please direct any further questions about resale certificate packages or monthly dues to the HOA Treasurer, Mark Chiles,
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