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Get Condo Guy Resale Certificate
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How to fill out the Condo Guy Resale Certificate online
Filling out the Condo Guy Resale Certificate online can seem daunting, but this guide will take you through each step with ease. By following these instructions, you will ensure that all necessary information is accurately captured, facilitating a smooth transaction.
Follow the steps to complete the Condo Guy Resale Certificate online.
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Fill in the name of the association at the top of the form. This identifies the governing body for the condominium or complex.
- Enter the unit, lot, or apartment number in the designated field. This specifies the property being sold.
- Indicate whether there is a right of first refusal or other restrictions on the property by providing details in the corresponding section.
- Specify the periodic common expense assessment frequency by checking the appropriate option (monthly, annually, or other) and fill in the cost for the current period.
- Provide the total unpaid common expenses and special assessments in the indicated field to ensure the buyer is aware of any outstanding obligations.
- Note any additional fees payable by the owner of the unit in the relevant section.
- Detail the amount of reserves set aside for capital expenditures and specify any designated projects for those reserves.
- State whether there are any unsatisfied judgments against the association and mention any pending suits, along with their statuses.
- Confirm that the executive board and managing agent are unaware of any health or building code violations related to the property.
- If applicable, describe any leasehold estate affecting the property and the terms regarding its renewal or extension.
- Indicate if there are any restrictions in the declaration affecting financial matters related to the sale or loss of the unit.
- Attach all required documents, including the declaration, bylaws, rules and regulations, the most recent financial statements, and the current operating budget.
- Date the certificate and have it signed by the duly authorized agent of the association.
- Ensure the purchasers acknowledge receipt of the certificate by entering their names and the dates received.
- Once all fields are filled out, save changes, and download or print the completed certificate for distribution.
Complete the Condo Guy Resale Certificate online today for a seamless property transaction experience.
Condos can be easy or challenging to resell, depending on various market factors, location, and amenities. If well maintained and in a desirable area, they often attract buyers quickly. However, unique features or homeowner association restrictions may complicate sales. The Condo Guy Resale Certificate provides valuable insights that can help in the resale process.
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