To sell properties in homeowners’ association communities, mortgage lenders often require documentation showing adequate insurance coverage for common areas. When lenders encounter delays in obtaining the information, real estate professionals are frequently asked to step in. The National Association of Realtors (NAR) is working with state and local Realtor associations and industry partners to better understand where breakdowns occur and what solutions may be most effective. Several states already have laws addressing access to master insurance information, but those requirements vary widely, and there is no consistent, nationwide approach. NAR’s focus is on understanding what works, where gaps remain and whether greater consistency could help address the problem.
Source: NAR; 3/16/2026