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W. 1. Right of first refusal or other restraint on free alienability: ______________________________________________________ 2. Periodic common expense assessment is billed † monthly †annually †other. The periodic common expense assessment for the current period is $ The total unpaid common expenses and special assessments for this unit/lot/ apartment are $ ___________. 3. Other fees payable by the Owner of this unit/lot/apartment are $_________________ 4. The amount of reserves for ca.

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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.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Fill in the name of the association at the top of the form. This identifies the governing body for the condominium or complex.
  3. Enter the unit, lot, or apartment number in the designated field. This specifies the property being sold.
  4. Indicate whether there is a right of first refusal or other restrictions on the property by providing details in the corresponding section.
  5. 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.
  6. Provide the total unpaid common expenses and special assessments in the indicated field to ensure the buyer is aware of any outstanding obligations.
  7. Note any additional fees payable by the owner of the unit in the relevant section.
  8. Detail the amount of reserves set aside for capital expenditures and specify any designated projects for those reserves.
  9. State whether there are any unsatisfied judgments against the association and mention any pending suits, along with their statuses.
  10. Confirm that the executive board and managing agent are unaware of any health or building code violations related to the property.
  11. If applicable, describe any leasehold estate affecting the property and the terms regarding its renewal or extension.
  12. Indicate if there are any restrictions in the declaration affecting financial matters related to the sale or loss of the unit.
  13. Attach all required documents, including the declaration, bylaws, rules and regulations, the most recent financial statements, and the current operating budget.
  14. Date the certificate and have it signed by the duly authorized agent of the association.
  15. Ensure the purchasers acknowledge receipt of the certificate by entering their names and the dates received.
  16. 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.

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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.

In Alabama, obtaining a resale license typically requires applying through the appropriate state agency. You must fulfill specific educational and examination requirements. For those navigating this process, the Condo Guy Resale Certificate can provide valuable guidance to ensure all documentation aligns with legal standards.

Usually, the seller pays for the HOA resale certificate as part of closing costs. However, this can be negotiated during the sale process. Understanding these costs is vital, and the Condo Guy Resale Certificate helps clarify what potential buyers might expect.

The Homeowners Association (HOA) provides the resale certificate, which includes essential details about the community and its rules. This certificate is crucial for buyers, as it highlights information about any fees and regulations they must adhere to. The Condo Guy Resale Certificate helps to streamline this process by offering a comprehensive overview.

The transfer disclosure statement is generally filled out by the seller of the condo. This document provides key insights regarding the condition of the property and any known issues. Having this statement is essential for buyers, and it works hand-in-hand with the Condo Guy Resale Certificate for a clearer understanding.

A resale disclosure document is an important legal paper that provides vital information about a condo. It outlines the detailed financial and physical condition of the property, ensuring that potential buyers can make informed decisions. The Condo Guy Resale Certificate offers comprehensive insights into the condo's status, helping buyers understand their investment better.

Yes, Tennessee requires a resale certificate for certain real estate transactions, especially involving condominiums. This document helps to protect buyers by disclosing important information about the property's financial condition and the association's rules. The Condo Guy Resale Certificate can guide sellers through the process, ensuring compliance with local requirements.

Typically, the seller or their real estate agent orders the condo resale certificate. This important document provides prospective buyers with essential information about the condominium, including financial obligations and association rules. Using the Condo Guy Resale Certificate simplifies this process, making it easy for sellers to obtain the necessary documentation for a smooth transaction.

Filling out a California resale certificate involves providing accurate information about the seller and the property. You need to detail the transaction type, including any relevant tax exemptions. Ensuring all details are correct is crucial to avoid legal complications. The Condo Guy Resale Certificate provides guidance and templates to help you fill it out correctly.

Usually, the seller or their real estate agent orders the condo docs. These documents include the association's rules, regulations, and financial statements. Having complete and up-to-date condo docs can significantly influence a buyer's decision. To streamline this process, consider the Condo Guy Resale Certificate for simplified access.

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