Title companies in Florida order an estoppel letter from homeowner associations to verify maintenance fees, liens, special assessments, etc. I have been a Florida Realtor since 2003, and I don't recall ever seeing one. That all changed last week. I'd been told by the listing agent for a condo that the 40-year inspection had not yet been done. Well, guess what? He was wrong. Here is the last paragraph of a 3-page estoppel letter.

 

The buyer cancelled the contract without much of a discussion with seller's agent. The moral of the story is: IF YOU RECEIVE AN ESTOPPEL LETTER PRIOR TO CLOSING, READ IT!