Disclosure Package

Virginia state law requires that home buyers in Vantage be provided with a Disclosure Package, and the law specifies the content of the disclosure package, including association financial information, status of the property’s account, and a statement regarding any rule violations of the property. Home sellers in Vantage are advised to get a disclosure package when they start the sales process so they can give buyers a disclosure package as soon as the sale is committed. Buyers have a short period after receiving the disclosure package when they can cancel the sale without penalty, and it is wise to complete that period well before the planned closing.