Get Form 37-1, Subdivision Information, Including Resale Certificate For ...

Filling out the Form 37-1 is an important step for anyone involved in property subject to mandatory membership in an owners' association. This guide will provide you with clear and step-by-step instructions to complete the form online efficiently and accurately.

Follow the steps to fill out the form correctly.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin filling in the property’s street address, city, and county in the designated fields to clearly identify the location.
3. Indicate whether the property is subject to a right of first refusal or any restrictions by selecting either 'is' or 'is not' in the corresponding options provided.
4. Fill in the current regular assessment for the property, ensuring to specify the amount and the period of the assessment, such as monthly or annually.
5. If applicable, include details regarding any special assessments due after the date the resale certificate was prepared. Provide the amount and payment information.
6. Insert the total of all amounts due and unpaid to the owners' association that are attributable to the property.
7. Document any approved capital expenditures by the owners' association for the current fiscal year, including the amount.
8. State the reserves for capital expenditures in the specified field.
9. Provide information about any unsatisfied judgments against the owners' association, including the dollar amount.
10. Clarify whether there are any pending suits against the owners' association and, if so, list the style and cause number of each.
11. Discuss if the owners' association has actual knowledge of any restrictions violations or known violations of subdivision rules.
12. Include details regarding any notices received from governmental authorities regarding health or building code violations.
13. Indicate the owners' association's administrative transfer fee, along with payment details.
14. Enter the name and contact information of the owners' association’s managing agent in the provided fields.
15. Confirm whether the restrictions allow for the foreclosure of the owners' association’s lien related to unpaid assessments.
16. Attach the required documents such as restrictions, rules, bylaws, current operating budget, balance sheet, insurance certificate, and any governmental notices associated with the property.
17. Review all entered information for accuracy before proceeding to save your changes, download the completed form, or print it for sharing.

Complete your documents online now and ensure compliance with property management requirements.