Info for Sellers
Resale Disclosure Certificate (RDC)
- Per Minnesota Statute, it is the seller's obligation to provide a Resale Disclosure Certificate to the buyer of any Lot in a homeowners association.
- The Association has 10 business days to complete the request for a Resale Disclosure Certificate and allows us to charge a fee for this certificate and required documents. The RDC includes:
- Resale Disclosure Certificate (provides details about the association, past due assessments, and covenant violations);
- Balance Sheet,
- Income-Expense Statement,
- Budget;
- Articles of Incorporation;
- Bylaws;
- Declaration of Covenants, Conditions, Easements, and Restrictions (CCERs);
- Amendments to CCERs;
- Architectural Guidelines; and
- Collections Policy.
- RDC FEE: $150.00
- EXPEDITED PROCESSING: Expedited processing is available during business hours only with an additional fee of $50.00
- BUSINESS HOURS: Monday-Thursday: 9:00 AM to 1:00 PM
Friday: 9:00 AM to Noon
Contact us to obtain a Resale Disclosure Certificate or email your request to mail@HighlandVillageWoodbury.com.
Dues Current Letter (DCL)
If your title company requires the Association to complete a Dues Current Letter (DCL), we require 10 days to process this document.
DCL FEE: $75.00 The fee may be collected at closing IF there is a pending sale.
DCL EXPEDITED PROCESSING: Expedited processing is available during business hours only for an additional $45 fee.
Contact us to obtain a Dues Current Letter or email your request to mail@HighlandVillageWoodbury.com and attach your company's Dues Current Letter.
Info for Buyers
Highland Village subdivision
The following Woodbury streets are part of Highland Village:
- Highland Bay, Highland Court, Highland Circle
- Cambridge Road, Cambridge Alcove
- Princeton Road, Princeton Court, Princeton Bay
- Cornell Road, Cornell Circle, Cornell Bay
- Loyola Drive
NOTE: Princeton Circle IS NOT part of Highland Village!
The Homeowners Association (HOA) assessment pays to maintain our Common Areas and is due on July 1 annually.
The HOA Declaration of Covenants, Conditions, Easements, and Restrictions (CCERs) is recorded against each Lot. Every Lot is legally bound to our homeowners association. Our HOA is incorporated as a nonprofit under our corporate name, Highland Heights First Association. We operate under the Assumed Name Highland Village Homeowners Association.
No Owner may waive or otherwise escape liability for the assessment provided for in the Bylaws, Articles of Incorporation, or Declaration of Covenants, Easements, and Restrictions by non-use of the Common Area or abandonment of his or her Lot.
Be informed!
All Lots within the Highland Village subdivision are subject to the Articles of Incorporation, Bylaws, Declaration of Covenants, Conditions, Easements & Restrictions (CCERs), and the Architectural Guidelines for Highland Village. These documents impose restrictions about how Highland Village Lots are used or altered, and how the Association operates. Ensure the Association Assessments are current before you purchase a Highland Village Lot.
Your seller should provide you with a Resale Disclosure Certificate (RDC) from our association provides details about the association, verifies the status of assessments against the Lot, and identifies any covenant violations. The RDC includes copies of all Association documents.
Properties with unpaid assessments, in cases other than foreclosure, or with a lien against the property will become the responsibility of the new Lot owner if they are not settled prior to closing. Liens are filed against the Lot.
Annual assessments are mailed to Lot owners in late May. The Board of Directors may raise the annual assessment fee by an amount up to 10% without approval of the membership. Assessments are due July 1. Delinquent assessments accrue interest at the rate of eight percent (8%) per annum. Lot owners whose assessments are past due shall lose their voting privileges until their account is current. The Association may bring action at law against any Owner personally obligated to pay the assessments, and any penalties.
The Highland Village Collections Policy, guides the Board of Directors actions regarding Lots with past due assessments.
Questions?
Read our FAQs page for answers to our most common questions.