It is not a legal requirement to obtain a resale certificate from Wood Lake Residents Association because, unlike your association, it is not a condominium association. State law only requires resale certificates to be provided for condominiums by condominium associations. However, it may be a condition of your sales contract, and you may be in default of your contract if you don’t. Ask your real estate agent to be certain, but this is usually not the case.
Because you pay a separate annual assessment to Wood Lake Residents Association, it is necessary to obtain a separate trustee letter. Just as it is for your condominium association, this is available on HomeWiseDocs.com under Wood Lake Residents Association.
