Get Tx Trec 32-2 2008-2025

The TX TREC 32-2 is a vital document used for the condominium resale process in Texas. This guide provides clear, step-by-step instructions on how to complete the form accurately and efficiently in an online format.

Follow the steps to complete the TX TREC 32-2 form successfully.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering the condominium unit number and building number in the specified fields.
3. Fill out the property address, ensuring the city and county are correctly listed.
4. Select whether the Declaration contains a right of first refusal or other restrictions regarding the unit's transfer.
5. Provide the periodic common expense assessment amount and its frequency.
6. Indicate if there are any unpaid common expenses or special assessments by the seller and specify the total unpaid amount.
7. List any other amounts payable by the seller to the Association, noting the total unpaid amount.
8. Input the amount approved for capital expenditures for the upcoming 12 months.
9. Detail any reserves for capital expenditures, specifying allocation amounts.
10. Attach the current operating budget of the Association.
11. State the amount of unsatisfied judgments against the Association, if applicable.
12. Indicate the existence of any pending suits against the Association, including their nature.
13. Specify whether the Association provides insurance coverage for unit owners.
14. Confirm whether the Board is aware of any violations regarding alterations to the unit or common elements.
15. Indicate any received notices from governmental authorities concerning code violations.
16. Fill in the remaining term of any leasehold estate affecting the condominium.
17. Provide the managing agent's name, mailing address, telephone number, and email.
18. List any association fees due as a result of the unit transfer.
19. Note any required contributions to the capital reserves account.
20. Review all completed fields for accuracy and completeness.
21. Save changes to the form, then download, print, or share the completed document as needed.

Complete your TX TREC 32-2 form online today and ensure a smooth transition in your condominium resale process.