Property Sale Requirements for Silver Star Resort Association (SSRA)
We understand that you are, or represent, a party to a contract of purchase and sale respecting a property at Silver Star Mountain Resort. That property is located within the Silver Star Resort Lands Area.
The Silver Star Resort Association (SSRA) is legally entitled to levy and collect assessments on all properties contained within the Silver Star Resort Lands Area as indicated on Schedule A in the SSRA Bylaws. The relevant assessments are set out in Part 20 of the SSRA Bylaws.
To facilitate collection of those assessments, the Property Sale Requirements Form is required to be completed and delivered to firstname.lastname@example.org prior to the completion of a sale.
Once this form is completed and returned to us, an Assessment Certificate will be issued to facilitate completion of the conveyancing Statement of Adjustments. The Assessment Certificate will show any assessment balances owing by the seller. Once payment of all overdue assessments (if any) is received by us, the account respecting this property will be transferred to the buyer(s).
Please note that accounts cannot be transferred from the seller(s) to the buyer(s) until we have received the above information and until any outstanding assessments are paid in full.
A SSRA Declaration of Use Form is optional for all property sales, be they residential or commercial. It is used by the buyer(s) to declare the intended use of the property. The Declaration needs to be completed, signed, and returned to us. Without receipt of the form, the buyer(s) will automatically be placed into the highest assessment category for the type of property.
If you have any questions or require clarification, please give our office a call at 250-241-3115 or email at email@example.com