Because soo many deals are falling through lately, HOA processing & disclosure fees, which were until now paid by the buyer or seller at close of escrow, are now to be paid up-front, upon opening escrow.
The management companies for HOA's provide these information/disclosure packages (cc&r's, financial statements, etc) to prospective buyers during escrow. And they charge for this service, and expect to get paid for it at close of escrow. The problem is, when a deal falls through, the buyers and sellers walk away, so there's no close of escrow, and they don't get paid. Apparently it's now happening too often, so they want their money up front.
Who doesn't.
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