[WSBARP] NWMLS Charges/Assessments prepaid

[nestor at pplsweb.com]

A PC informs we that this section (13) and is marked prepaid by Seller at
closing. The HOA has a special assessment of lets say 30K for 10 years of
which we are in year 5. Seller's attorney says that he prepaid the first 5
years and since the last "payments" are not due until after closing the last
5 years are on Buyer.

 

I say that the amount was assessed in full and seller had option to pay
yearly or in one shot and the whole amount is on him.  Is there any case on
point?

 

 

Nestor Gorfinkel, Attorney at Law 

Admitted to practice law in Washington & Florida 

Florida Civil-Law (International) Notary

Puget Property Legal Services

2018 156 Ave NE

Bellevue, WA 98007

Tel. (425) 961-0519

Fax. (888) 522-3601

 



 

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