What I don't know, I don't know. The blind leading the blind comes to mind. My opinion about the rules for living there doesn't matter. The buyer has to understand, agree and then obey. Help with the sale yes. HOA. no

No, I wouldn't do that.  My interpretation could be different than theirs.  It is part of their due dilligence.

Not totally sure about you question, Will. Do you mean the bueyr has asked you to read it to him or to read it and explain it to him? I would not accept eitehr responsibility. The buyer needs to be comfortable and willing to move forward knowing all terms.

I have been asked and referred them to a atty.

I'm not a lawyer nor do I play one on TV

Confused - requesting enlightenment.

HOA = Home Owners Association?

What would come from the Buyer?

Will Hamm I am asked sometimes - however, I tell them that it's for them to review as they will live there.

Will Hamm I usually read the summary and look for red flags such as pending litigation, capital improvements, etc. which may impact the buyer. If they have in-depth questions, I would refer them to an attorney.

We secure the HOS docs and go over them with the Buyer to be  sure they understand them and answer or get answers to questions.

AS I am not the one going to be living there let the buyer read it and with any questions talk to their attorney.

If you are talking about the HOA docs, it's up to the buyer to read them... they are the ones purchasing the home. However, from time to time I do some research in documents to answer a specific buyer question. But no way am I taking on the liability of reading the docs for them.

Will - I would not want that responsibility. Every subdivision had different and unique HOA CC&R's, and I wouldn't claim to be an expert on any of them. Some CC&R's can be a hundred pages or more.

We have a HOA addendum that provides contact info, and explains the costs associated with the HOA, and the seller is required to provide the CC&R's to the buyer, but after that it is up to the buyer to read and understand. If they have any questions, I will try and help, but will also direct them to contact the actual HOA, or an attorney.

I provide the documents, I however do not read HOA docs or inturpet them. I suggest they talk to the HOA officers or an attorney if they have questions.

Ours is 17 pages. I have it on numerous sites and share it before people even come to look at property sometimes. I have property there and have for 13 years. No problem!

I would not take the responsibility  --- I would suggest an attorney.

I would make arrangements to get them a copy of the HOA.

I read it, to protect the buyer, 

but I do not reveal I have done so. I will guide them to the HOA section that states that great big camper is not allowed in the back yard.

I make it clear the BUYER must read the HOA and they must sign on the dotted line.

Of course the next question will be the financial stability of the HOA and potential for assessments. Of course I can answer it but my response is to show them how to do the math and make an educated evaluation.

Then 'sign on the dotted line.

Read 300 pages? I am working on an Audible version of a novel I wrote and 300 pages takes me about 22 hours to read. Just 'sayin' no I wouldn't read all the documents to buyers. I often have to read them to send to our legal but reading outloud to a buyer them implies you are responsible. 

I would suggest they review them with an attorney if they don't want to read them themselves. I've never been asked.

I always read the HOA and summarize what the buyer needs to know. I also study finacial statements to give a hint if they are healthy or short falls.

CC&R needs to be conveyed and ask them to ready and give them a contact point with HOA....

Best for the buyer and their attny to review these.

Will,
There are usually a couple of sections, pets, parking, basketball goals that are easy to figure out. Anything more than that, they need to read or get an attorney.

Never. We always send the HOA docs directly to the client and accompanying it is a Receipt of HOA Docs Addedendum. The buyer has 3 days for receipt to cancel on resales and 2 weeks on new purchases.

just say "no" and pass the material on to them.... make them sign that they've received it....

Sure, I've been asked that question - I'm sure that's true for most of us.

My interpretation of HOA documents can be very different from yours or anyone else.   

Your purchase -- your responsibility to read and review and then approve/disapprove.  Kathleen Daniels informed me of a company that will give an analysis of an HOA so that's an unbiased source but time may be an issue in some transactions.  

I would tell them to read it and consult an attorney if they had questions.

 Good Thursday morning Will. I know that there are a lot of agents that furnish the buyer with a copy of the rules & regs from the HOA.

No.  It is the buyer's responsilbity to make sure they understand what they are signing in the contract and other documents that are attached to the contract.  I don't practice law, so they need to seek the aid of an attorney to get clarification of the HOA or anything in the contract they don't understand.

Most of the property I deal with has no HOA. I would read over the document and discuss important information and rules with my client if I felt it would not be a good fit. (such as parked vehicles, pets, fees)  I would also suggest they read and seek answers if they have concerns. 

If it's my listing, I like to know the rules. Buyers should read their own and have their attorneys explain what they might not understand. Agents should not be in the position of interpreting reg's; could become a liability.

Isn't there a checkbox on your contracts that states seller has conveyed to buyer the CC&R's, and that buyer has read the CC&R's of the HOA neighborhood they plan on buying in?