Disclosure Books
Moving from the Grove?
You or your real estate agent are required by our covenants to provide A NEW copy of the Grove Disclosure Books that includes up-to-date information as required by an HOA to provide to a buyer.
These books are available only from Community Group. They can be reached at 270-1800. Monday-Friday, 9:00 – 5:00. Summer hours: Monday-Thursday 9:00 – 5:00 and until 12:00 on Fridays. Disclosure packages cost $264.00 with an additional fee of $50.00 for a rush order (3 days).
The cost for a disclosure book which is purchased by the seller to give to their buyer within a specified time frame is $264. That fee consists of $146.70 for the actual disclosure book and $117.30 for the resale inspection of the home’s exterior to ensure that architectural guidelines set in place by the association are in compliance. In addition, there is a post closing fee of $58.65 that is charged at every sale to the buyer. It is an administrative fee to remove the previous owner from the address account and set up the new buyer account.
Please have the following information available:
Community Name & Property Address. Contact Name & Telephone Number (usually the Real Estate agent). Purchaser’s Name & Closing Attorneys’ Name & Telephone Number.
Signature at pick-up is required.
PLEASE NOTE: If you have a property in Krim Point, Scotter Hills or Ridgemoor; an additional disclosure book is required. Contact those HOA or management companies for their required disclosure books.
Please know that a request for a disclosure book generates a resale inspection of the property. So someone will visit the exterior of your property after the book is requested.
According to the Code of Virginia § 55-511, a disclosure packet is required to be given to new buyers when they purchase in the Grove. As the seller, the GHOA is required to provide it to you within 14 days of written request and your payment of the $264 fee. A buyer then has the right to cancel the contract within 3 days of receipt of the packet. According to § 55-512, it is important to get the current version of this packet from the GHOA to the seller. In other words, you cannot give them the packet you received when you bought the house as the information (i.e. budget, officers, etc.) would not be up-to-date as required by that code. You can view more of these laws by visiting http://leg1.state.va.us/000/src.htm.