Disclosure
Papers: The Virginia Condominium Act requires sellers
to present a package of information (disclosure papers) to a perspective buyer,
usually after a purchase contract has been submitted. To obtain disclosure papers, please contact
our accountant, Murphy and Associates, at (703) 370-9100. The cost is $100. Requests for disclosure papers are normally
filled within a few days. Questionnaires
from lenders, appraisers, and settlement attorneys regarding refinancing or
status of payments should also be directed to Murphy and Associates.
Inspections: Prior to disclosure papers being issued, the
unit and surrounding grounds will be inspected by the Fairlington Commons Board
of Directors for conformance to our By-Laws, architectural standards,
unauthorized modifications, accumulated trash, and installation of non-approved
devices. This requirement is normally
not a problem assuming that the Co-Owner has properly and appropriately
coordinated and received prior Board approval of external modifications or
installations such as replacement windows and doors, sheds, lights, satellite
dish antennas and associated cables, and has made no modifications to the
interior of the unit that compromise safety or structural integrity. Violations
of Commons By-Laws, rules, regulations, and architectural guidelines will be
noted in Element 9 of the disclosure papers.
Certificates of Insurance. Certificates of Insurance are normally
required by the lender at settlement and should be requested by the lender
(not the buyer, seller, or real estate agent) from our insurance agent, Jerry
Wagner (703-631-2882).
Condominium Fee Coupon Books. Please turn coupon book over to the new owner
at settlement.
Parking Passes. Parking
Passes are the property of the Council of Co-Owners and must be returned to the
Board when a residence is sold or the resident moves.
Resources and Contacts.
Following are some key resources and contacts that can assist in buying
or selling Fairlington Commons Units:
Murphy and Associates
703-370-9100 Office
703-370-9110 Fax
(Disclosure Papers, Lender’s Financial Questionnaires,
Appraiser’s Questions about the Community, Settlement Attorney’s Questions,
Status of Monthly Payments, Coupon Book Replacement)
Chantilly
Insurance—Jerry Wagner
703-631-2882 Office
703-752-0228 Fax
Certificates of Insurance
(Must be requested by the Lender)
Master Insurance Policy questions
Fairlington
Commons Board of Directors
President
- John Sinks
703-931-2660
jsinks@comcast.net
(Rules and Architectural Compliance Inspection, Homeowner
and Commons Responsibility Questions, Strategic Planning
(roofing, paving, etc.)
(Routine pre or post inspection repairs)
