Get Condominium Resale Certificate Form Washington State 2020-2025

Filling out the Condominium Resale Certificate Form accurately is essential for ensuring a smooth transaction during a condominium resale. This user-friendly guide will provide comprehensive steps to assist you in completing the form online.

Follow the steps to complete the Condominium Resale Certificate Form accurately.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering the unit number in the designated field to identify the specific condominium. This information is crucial for accurate documentation and processing.
3. Fill in the condominium's name where indicated. This helps establish the context of the resale and is essential for official records.
4. Provide the buyer's name in the appropriate section. It is important that this reflects the legal name of the person or entity purchasing the unit.
5. Respond to the section regarding rights of first refusal and restraints on alienation. Indicate whether there are any existing rights or restraints and specify if applicable.
6. Detail the assessments in item 2, which include current monthly assessments, any past due amounts, and any special assessments. Accurate financial details are essential for the buyer's understanding of their liabilities.
7. Complete the delinquent assessments section. This includes any amounts owed that are over 30 days past due, ensuring transparency about any financial issues related to the condominium.
8. Fill in information about any anticipated repairs and/or replacements that exceed a certain budgetary threshold. Include details if any funds have been earmarked for specific projects.
9. Indicate any judgments or pending suits involving the condominium association. This information is crucial for the buyer to understand potential liabilities.
10. Address code violations and any alterations to the unit that may not comply with the condominium declaration. Honesty in these sections helps prevent future disputes.
11. Review the section about financing approvals to inform the buyer of any approved financing options relevant to the property.
12. Discuss insurance, detailing the coverage and the insurance agent responsible. This will clarify what protections are available to unit owners.
13. Ensure all required exhibits are attached to the form, including the condominium declaration, bylaws, financial statements, and any additional documentation required.
14. Complete the remarks section for any additional clarifications or necessary information that wasn't previously covered.
15. Lastly, verify all entered information for accuracy and completeness. Save your changes, then proceed to download or print the completed form for sharing.

Take the next step in your condominium resale process by filling out the required documents online today.