
Get Condominium Resale Certificate 2020-2025
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How to fill out the Condominium Resale Certificate online
Completing the Condominium Resale Certificate is a vital step in facilitating the sale of individual condominium units. This guide provides clear instructions to assist users in filling out the form accurately and effectively.
Follow the steps to complete your Condominium Resale Certificate online.
- Press the ‘Get Form’ button to access the Condominium Resale Certificate, opening the form in your internet browser.
- Begin by filling in the address of the condominium, including the unit number and building number, in the designated fields.
- Provide details about the condominium complex, including the total number of units, the number of owner-occupied units, and any units designated for rent.
- Indicate whether the Board or Association holds the right of first refusal regarding sales. If applicable, specify whether this right is waived.
- Complete the fields for monthly assessments, special assessments, and any other fees associated with the unit, including payment due dates.
- Answer questions about anticipated special assessments or capital expenditures within the next two fiscal years.
- Attach required documents, including the balance sheet, income statement, operating budget, and bylaws, ensuring all attachments are current and legally compliant.
- Review all information entered for accuracy and completeness. Correct any errors identified.
- Once you have verified all information, make sure to save your changes, then download, print, or share the completed form as needed.
Start completing your Condominium Resale Certificate online today!
In Texas, a Condominium Resale Certificate acts as a disclosure tool for both the seller and buyer in a real estate transaction. Upon request, the HOA prepares the certificate, detailing financial information and community rules that affect condo ownership. This transparency helps buyers make informed choices, understanding their financial and legal responsibilities before purchasing. Ensure you obtain this certificate early in the transaction to facilitate a smooth closing.
Fill Condominium Resale Certificate
32-5 Redline 11.2024. A condo resale certificate is a document you can request from the condo association. It discloses vital information about the building and the unit itself. Typically, a Resale Certificate is a set of documents that a homeowners or condominium seller provides to a prospective buyer, usually after mutual acceptance. A Resale Certificate is a mandatory document for the resale of condominiums or homes within residential common interest communities. 29 Main Street Mystic, CT 06355.
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