What is AI HOA document review?
Short answer
It's AI that reads a condo's actual HOA and budget PDFs — not the listing remarks — and flags the things that move a deal: special assessments, litigation, reserve shortfalls, milestone/SIRS status and leasing limits. It turns a stack of documents into a risk summary in seconds.
What it reads
- Budgets & reserves — is the building funding its reserves, or is an assessment coming?
- Special assessments — current, pending or recently levied.
- Milestone inspection & SIRS — Florida's post-Surfside structural requirements and where the building stands.
- Litigation — active suits that can affect financing and value.
- Leasing rules — rental caps, minimum lease terms, pet and approval restrictions that change an investment thesis.
Why it's the real differentiator
Cap rate math is commoditized; reading the fine print is not. A clean-looking 7% cap evaporates if the building has a $30k special assessment pending or a rental cap the investor can't live with. By surfacing those flags from the documents themselves, ReSharpe lets an agent walk in already knowing the risks — see how it feeds the deal analysis and the client report. Glossary: SIRS and special assessments.
Frequently asked questions
- What does the AI condo document review look for?
- Special assessments, litigation, reserve adequacy, milestone inspection and SIRS (structural integrity reserve study) status, leasing restrictions, pet and rental caps, and budget red flags — pulled from the actual HOA/condo PDFs, not guessed from the listing remarks.
- Why does this matter in Florida specifically?
- Post-Surfside, Florida condos face milestone inspections and SIRS requirements that can trigger large special assessments. A building's documents can change a deal from a buy to a pass — and that risk lives in PDFs most buyers never read.
- Does it replace reading the documents?
- No. It surfaces and summarizes the risks fast so you and your client know where to look. ReSharpe is an analysis tool; the licensed professional and the buyer still verify the documents before acting.
Let the AI read the next building's documents for you.
For licensed agents & brokers. Start a 14-day trial — no credit card to look around.