It is not necessary to obtain a resale certificate from Montclair Master Association, and we’ve been instructed by their management company, Community Property Management, that they don’t offer one to Townhomes at Montclair home sellers.
It is also not necessary or possible to obtain a trustee letter from them because you don’t pay assessments to them directly. Your portion of the Montclair Master Association assessment is collected in your monthly assessments paid to us. Then, once a month, we send one large payment to Montclair Master Association on behalf of all 138 townhome homeowners for each person’s portion. Because Montclair Master Association doesn’t maintain an account ledger for you individually, it is impossible for them to produce a trustee letter for you, nor is there any need to do so.
