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Legal Blog

The Legal Blog, brought to you by NVAR's Professional Standards department, helps you stay on top of the latest rules and regulations in the industry.

I need to order a new packet at cost. Can they do this?

Aug 23, 2016

Contract Issues

Question: An association says that the resale packet is only good for 2 months. If the property doesn'’t settle, I need to order a new packet at full price. Can they do this?

Answer: If you have requested a packet or certificate within the past 12 months, you can request an update at a cost of $50. These updates shall include a copy of the original packet or certificate. There is no requirement that you pay the initial fees unless the request comes after the 12-month period has expired.
Group(s):
  • Contract Issues