Vermont
Vermont HOA and Condo Resale Certificate: Fees, Deadlines, and How to Order
A resale certificate is the document a title company asks for before a Vermont closing. Vermont associations must deliver it within 10 days. Vermont puts no dollar cap on the fee.
Free for the resale platform. No contract to sign.
Vermont Resale Certificate
Example Hollow Owners Association
Regular assessment
$345.00 monthly
Buyer's review period
5 days by statute
Master insurance
Certificate on file
Due to the requester
Within 10 days
Vermont at a glance
- What Vermont calls it
- Resale Certificate
- Fee cap
- No fixed dollar cap
- Delivery deadline
- 10 days
- Buyer's right to cancel
- 5 days after receiving it
Also called: condo resale certificate, VT resale certificate. If you were told to get a Vermont resale certificate, or a VT resale certificate as closing agents write it, for a home in an HOA or a condominium, this is that document. It has nothing to do with the sales tax resale certificate a retailer files with the state.
What Vermont law sets
One set of rules covers Vermont. Havn applies it to every order in the state.
27A V.S.A. 4-109
Uniform Common Interest Ownership Act. Applies to condominiums, HOAs and planned communities, and cooperatives.
- Required by statute
- Yes
- Fee
- No fixed dollar cap
- Deadline
- 10 days from the request
- Buyer may cancel within
- 5 days
Vermont HOA laws on resale documents, in plain words
Each entry links to the official text. Read the statute itself before relying on a summary.
27A V.S.A. (Uniform Common Interest Ownership Act)
Vermont's Uniform Common Interest Ownership Act, Title 27A, is the general statute for condominiums and other common interest communities of 12 or more residential units created in Vermont after January 1, 1999, and it can also be adopted by amendment for older communities. It governs creation of the declaration and plats, association organization and governance, budgets and common expense assessments, association records, purchaser protections including public offering statements, and the resale certificate an owner and association must provide when a unit is sold.
27A V.S.A. 4-109 (Resales of units)
Unless a public offering statement is required or the sale is exempt under 4-101(b), a unit owner furnishes the purchaser, before conveyance or transfer of the right of possession, whichever is earlier, the declaration (without plats and plans), the bylaws, the rules, and a certificate with twelve items: restraints on alienation held by the association; the periodic common expense assessment and any unpaid common or special assessment due from the seller; other fees payable by the owner; reserves and their designated portions; the most recent balance sheet and income and expense statement; the current operating budget; unsatisfied judgments and pending suits in which the association is a defendant; the amount of insurance for the benefit of unit owners; alterations to the unit or its limited common elements that violate the declaration within the board's knowledge; health or building code violations within the knowledge of the board or managing entity; any leasehold term; and any declaration restrictions on what an owner may receive on sale, condemnation, casualty, or termination. The association furnishes the certificate within 10 days after the unit owner's request; no fee is stated. The purchaser is not liable beyond the amounts set forth; the seller is not liable for the association's errors or delay, but the purchase contract is voidable by the purchaser until the certificate is provided and for five days after. Applies to communities created before January 1, 1999 as well, for later events (1-204), except the small planned communities 1-203 leaves outside the title.
27A V.S.A. 3-116 (Lien for assessments; statement of unpaid assessments)
Gives the association a lien on a unit for assessments from the time they become due, with the Uniform Act's priority, perfection, and foreclosure rules. On a request made in a record the association must furnish a unit owner a statement of the unpaid assessments against the unit within 10 business days, in recordable form where the owner's interest is real estate, binding on the association, the executive board, and every unit owner. No fee is stated. Applies to communities created before January 1, 1999 as well, for later events (1-204).
27A V.S.A. 1-203 (Exception for small planned communities)
A planned community of no more than 24 units that is not subject to development rights, or one whose declaration caps the average annual residential common expense liability at $300 as indexed under 1-115, is subject only to sections 1-105, 1-106, and 1-107 unless its declaration adopts the whole title. Such a community has no statutory resale certificate or statement of unpaid assessments and issues under its governing documents; a pre-1999 planned community of the same size may amend its declaration to opt in (1-204(b)).
The notice Havn prints on every Vermont resale certificate
Every Vermont document Havn prepares carries a notice that tells the reader where the document comes from and what Vermont law says about it. This is the wording, act by act.
27A V.S.A. 4-109Condominiums, HOAs and planned communities, and cooperatives
This certificate is furnished by the association under 27A V.S.A. section 4-109 within ten days after the unit owner's request. The unit owner must give it to the purchaser, together with the declaration, the bylaws, and the rules or regulations of the association, before conveyance of the unit or transfer of the right of possession, whichever occurs first. The purchaser is not liable for any unpaid assessment or fee greater than the amount set forth in this certificate. Until the certificate has been provided, and for five days after it is provided, the purchase contract is voidable by the purchaser. The unit owner is not liable to the purchaser for erroneous information supplied by the association and included in this certificate, nor for the association's failure or delay in providing it in a timely manner. No certificate is required for a gratuitous disposition of a unit, a disposition under court order, a disposition by a government or governmental agency, a disposition by foreclosure or deed in lieu of foreclosure, a disposition to a dealer, a disposition the purchaser may cancel at any time and for any reason without penalty, or a disposition of a unit restricted to nonresidential purposes (section 4-101(b)). The information in this certificate is current as of its issue date.
Vermont resale certificate: common questions
What is a Vermont resale certificate?
It is what Vermont law has the association provide when a home in condominiums, HOAs and planned communities, and cooperatives is sold: a statement of what the home owes and of the association's finances, insurance, and rules, under 27A V.S.A. 4-109.
How much does a Vermont resale certificate cost?
Vermont sets no dollar cap, so the association or its management company sets the fee.
How long does a Vermont association have to provide a resale certificate?
10 days, counted from the request.
Is a resale certificate required in Vermont?
Yes, for condominiums, HOAs and planned communities, and cooperatives, under 27A V.S.A. 4-109.
Can a buyer cancel after receiving a Vermont resale certificate?
Yes. The buyer has 5 days after receiving it to cancel the purchase contract.
Who pays for the resale certificate in Vermont?
Whoever orders it pays the association's fee, usually the seller or the closing agent on the seller's behalf, and the purchase contract can move the cost to the buyer.
What is included in a Vermont resale certificate?
What the home owes the association, the fees due at closing, the budget and reserves, the insurance the association carries, pending lawsuits, and the governing documents. The full list is in 27A V.S.A. 4-109.
How do I get a resale certificate in Vermont?
Ask the association, or its management company if it has one. Many take the request through an online order page and deliver by email. Once asked, a Vermont association has 10 days. A buyer should ask the seller or the closing agent to order it.
Is this the same as a Vermont sales tax resale certificate?
No. A sales tax resale certificate is a form a retailer gives a supplier so it can buy goods without paying sales tax. It shares a name and nothing else. This page is about the HOA document used when a home is sold.
How Vermont compares with its neighbors
Management companies that work across state lines meet a different rule on each side. Vermont: no fixed dollar cap, 10 days.
New Hampshire
Resale Package
No fixed dollar cap
10 days
Required by statute
Massachusetts
6D Certificate
No fixed dollar cap
No statutory deadline
Not required by statute
New York
Resale Package
No fixed dollar cap
No statutory deadline
Not required by statute
See all 51 jurisdictions on the map, compare every state in the fee and deadline table, or read about lender questionnaires, estoppel letters, and demand letters.
Your next Vermont resale certificate could write itself.
The resale platform is free for the association. The requester pays for the document. No contract to sign.