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Your Sarasota property for sale

Are Sarasota sellers obligated to disclose assessments that have not been passed by the board ?

Some sellers in Sarasota often believe that a pending special assessment that has not been “formally” passed by their HOA Association or Condominium Board does not have to be disclosed. .  “Pending” is defined as an item on the agenda or reported in the minutes of the Association.  Many times special assessments, especially for significantly expensive items…