Exhibit 15 - Tips for When You Are Selling A Property in the LLPOA Subdivision


Tips for When You Are Selling A Property in the LLPOA Subdivision


If you are anticipating selling your home, property, and/or a part of your property located in the Lake
Latonka Association, please keep in mind there are a few items needed by the office before closing.


When the deed is changed, and a property changes hands, whether to family, a neighbor, new
Member, or otherwise, a resale packet is required from the Lake Latonka Office. The resale packet
includes transfer documents required by state law, the Association’s Rules Documents, and other
need-to-know information about becoming a Member in a property owner’s association, specifically
Lake Latonka.


To obtain a Resale Packet, the following items must be submitted to the Lake Latonka Office:

✔ A current survey of all property being transferred with all buildings and setbacks to property
lines indicated. Please plan ahead as it may take some time for the surveyor to complete.
✔ Name and current mailing address of the buyer
✔ Tentative closing date
✔ Name of closing company if available
✔ $50.00 payable by cash, check (to LLPOA), or credit card (3% fee on cards)



Please consider the following items when selling and ordering a Resale Packet

✔ The office does not need to be notified you are selling until you have a buyer
✔ The office asks for a one week turnaround to process Resale Packets
✔ Resale Packets are valid for 60 days
✔ If there are violations on the property to be remedied, they will be listed on the Resale
Documents and must be brought into compliance upon transfer
✔ If there are any monies owed on the property, they will be listed on the Resale Documents and
must be paid upon closing
✔ If you, the seller, would like a prorated portion of the dues and assessments, that is between
buyer and seller. The office will not refund dues and assessments
✔ If the buyer changes or the 60 day validity period ends, a new Resale Packet is required at the
same cost of $50.00
✔ Recreational stickers and public docks are not transferable




724.475.4715 | office@lakelatonka.org | 420 Latonka Drive Mercer, PA 16137




Information and fees subject to change.
12.10.2020