N.H. Rev. Stat. Ann. § 205-A: § 205-A:32
Resident Owned Community Unit Resale Disclosures.
Operative Text
I. In the event of any resale of a resident owned community (ROC) unit or any interest therein by any person other than the declarant, the prospective unit owner shall have the right to obtain from the ROC owners' association, prior to the contract date of the disposition, the following: (a) Appropriate statements pursuant to non-payment of fees for common expenses by individual unit owners; (b) A statement of any capital expenditures and major maintenance expenditures anticipated by the unit owners' association within the current or succeeding 2 fiscal years; (c) A statement of the status and amount of any reserve for the major maintenance or replacement fund and any portion of such fund earmarked for any specified project by the board of directors; (d) A copy of the income statement and balance sheet of the unit owners' association for the last fiscal year for which such statement is available; (e) A statement of the status of any pending suits or judgments in which the unit owners' association is a party defendant; (f) A statement setting forth what insurance coverage is provided for all unit owners by the unit owners' association and what additional insurance coverage would normally be secured by each individual unit owner; (g) A statement that any improvements or alterations made to the unit, or the limited common areas assigned thereto, by the prior unit owner are not known to be in violation of the community instruments; (h) A copy of the ROC declaration, by-laws, and any formal rules of the association; (i) A statement of the amount of monthly and annual fees, and any special assessments made within the last 3 years. II. The principal officer of the ROC owners' association, or such other officer or officers as the ROC instruments may specify, shall furnish the statements prescribed by paragraph I upon the written request of any prospective unit owner within 10 days of the receipt of such request.
Under N.H. Rev. Stat. Ann. § 205-A:32, when a unit in a resident owned community (ROC) is resold by someone other than the original declarant, the prospective buyer has the right to receive a comprehensive package of financial and legal disclosures from the ROC owners' association before the contract date. These disclosures cover items such as unpaid common-expense fees, anticipated capital expenditures, reserve fund status, insurance coverage, pending litigation, and copies of governing documents. Once a written request is made, the association's principal officer must deliver the required statements within 10 days.
Plain English — not legal advice.
Operators and officers of a resident owned community owners' association subject to § 205-A:32 generally maintain current, accurate records covering financials, reserve funds, insurance summaries, pending litigation, and governing documents so that the 10-day response window can be met without delay. Compliant associations designate a responsible officer—or identify one in the ROC instruments—who is prepared to receive written requests and compile the full disclosure package described in paragraph I. Keeping annual income statements, balance sheets, and a rolling three-year history of fees and special assessments readily accessible supports timely compliance with this provision.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
As a prospective buyer of a ROC unit, § 205-A:32 gives you the right to request a detailed disclosure package from the owners' association before signing any purchase contract. This package includes information about unpaid fees, upcoming major expenses, reserve fund balances, existing lawsuits, insurance coverage, and the community's governing documents—all of which can inform your understanding of the community's financial health. If the association does not provide the required statements within 10 days of a written request, tenant-rights organizations or a housing attorney familiar with New Hampshire ROC law can help explain what options may be available.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated October 20, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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