Guidelines for the Sale or Lease of a Unit

The Management office has adopted the procedures below to assist realtors in their efforts. The combined efforts and cooperation of realtors, unit owners and staff of The Houstonian Estates, will be appreciated. THANK YOU.

ACCESS

Once a Listing Agreement has been executed by an owner and realtor, please deliver a copy to The Houstonian Estates management office, (Fax 680-1068). The Listing Agreement will serve as authorization for the listing agent to show the unit. The owner should specify in writing to the management office of any conditions or special instructions which need to be followed when showing the unit, otherwise, access will only be given to the listing agent. All showings are to be scheduled in advance by calling the concierge on duty at 680-1211. When the agent arrives on the property for a showing we ask that he or she check in at the concierge's desk.

 

KEYS

The owner may provide the listing agent with a unit key in one of the following ways.

 

*              A key may be left at the concierge's desk for the realtor;

*              A lockbox may be placed on the inside of the vestibule door to the stairwells; or

*              The owner may give a key directly to the listing agent.

 

It will be the responsibility of the owner or listing agent to issue all keys relating to the unit to the new homeowner or lessee at closing or lease commencements. The magnetic building access keys will be issued by the management office once the new resident moves into the building.

 

UNIT SALE

The Board of Directors has the Right of First Refusal on all unit sales. Once an Earnest Money Contract has been fully executed, a copy of the contract is to be delivered to the management office. The Resale Certificate will be prepared and all documents submitted to the Board of Directors. The Board has five (5) days to exercise its Right of First Refusal after receipt of the Earnest Money Contract.

 

Updated Condominium documents are available in the management office at a cost of $20.00 each.

 

UNIT LEASE

Lease Agreement forms for The Houstonian Estates are available in the management office. Standard State Board Lease Agreements are not accepted. The Board of Directors has five (5) days to exercise their Right of First Refusal after receipt of a fully executed Lease Agreement.

 

NOTE:    Upon unit closings or lease commencements, the new resident will receive a "Residents Manual" containing information about the daily operations of the building.

 

OPEN HOUSES

Realtors wishing to host an open house in the building may do so by calling the management office at 680-0600 to schedule a date and time. It would be appreciated if open houses are scheduled in advance to avoid interference with resident functions or other building activities.

 

When scheduling open houses, it may be necessary to schedule extra valet staff to accommodate your visitors. Valet charges are $15.00 per hour with a 3 hour minimum. One valet will be scheduled for every 10 vehicles.

 

02/01/2010

 
 
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