Selling a Condo in California: What to Expect After Escrow Opens

🏢 Selling a Condo in California: What to Expect After Escrow Opens

Selling a condo involves a few unique steps compared to selling a single-family home. If you’ve just opened escrow, here’s what you should expect — from required disclosures to typical seller costs.

🔑 What You Need to Do as the Seller

1. Complete Seller Disclosures

You’ll be required to provide the following documents:

TDS (Transfer Disclosure Statement)
SPQ (Seller Property Questionnaire)
HOA-specific disclosures, especially if there are any known violations or issues
Lead-Based Paint Disclosure, if the property was built before 1978

✅ Your real estate agent will guide you through these documents.

2. Order and Provide HOA Documents

Buyers have the right to review the financial and operational health of the HOA. You'll need to order a resale disclosure package from your HOA or property manager, which usually includes:

CC&Rs, Bylaws, Articles of Incorporation
Budget, Reserves, Meeting Minutes
Insurance certificates
HOA contact details
Notices of special assessments or violations

💡 Escrow or your agent can assist, but you (the seller) typically pay the HOA doc fee.

3. Allow Access for Buyer Inspections

The buyer may schedule:

A general home inspection
Termite or pest inspection
Other specialized inspections (e.g., plumbing, HVAC)
Make sure the condo remains accessible and presentable during this period.

4. Sign Escrow Paperwork

You’ll need to sign key documents such as:

Grant Deed
Statement of Information
Escrow Instructions

This is typically done via DocuSign or with a notary appointment toward the end of escrow.

5. Move Out by the Agreed Date

If you currently live in the unit, prepare to move out by the close of escrow (COE) or the negotiated possession date. 💰 Typical Seller Closing Costs (for Condos) (Download PDF to view)

🔄 Optional or Situational Costs

Repairs or credits requested after inspection – Negotiated with the buyer
HOA move-out fee – Some HOAs charge this separately
Staging or deep cleaning – Optional, but can improve presentation

🏁 Final Thoughts

Selling a condo is manageable with the right guidance and preparation. The key differences lie in the HOA-related responsibilities and additional disclosure documents. Work closely with your real estate agent and escrow team to ensure a smooth, well-documented transaction.

Have questions about selling your condo in California? We’d be happy to help — contact The Chou Team today!