Get Tx Trec 37-5 2011
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How to fill out the TX TREC 37-5 online
Filling out the TX TREC 37-5 form correctly is essential for providing comprehensive subdivision information regarding properties subject to a property owners' association. This guide will help users navigate the online form with clear, step-by-step instructions to ensure a smooth completion process.
Follow the steps to successfully complete the TX TREC 37-5 form online.
- Click 'Get Form' button to access the TX TREC 37-5 form and open it in your online editor.
- Begin by entering the information regarding the property address. Fill in the street address, city, and county where the property is located.
- Indicate whether the property is subject to a right of first refusal or other restrictive covenants by checking the appropriate box.
- Provide the current regular assessment amount for the property. Specify the payment frequency (e.g., monthly, quarterly, annually).
- If applicable, enter any special assessment amounts due after the resale certificate is delivered, including the purpose of the assessment.
- List the total amount due and unpaid to the association that is attributable to the property.
- Provide details about any approved capital expenditures for the current year by the association.
- Input the amount of reserves set aside for capital expenditures.
- State any unsatisfied judgments against the association, detailing the sums involved.
- Specify whether there are pending lawsuits against the association, and if so, provide the style and cause numbers of each case.
- Indicate the association's knowledge of any violations of property restrictions or bylaws, along with any known violations.
- Confirm if any governmental notices regarding health or building code violations have been received by the association.
- Detail the administrative transfer fee charged by the association for ownership changes, along with a description of all associated fees.
- Fill in the information for the association’s managing agent, including name, mailing address, telephone number, fax number, and email address.
- Attach required documents, such as restrictions, rules, bylaws, the current operating budget, balance sheet, insurance certificates, and any governmental notices.
- Review all entered information for accuracy. Once confirmed, you can save the changes, download, print, or share the completed form as needed.
Start completing the TX TREC 37-5 form online today to ensure you provide all required information accurately.
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In Texas, a resale certificate outlines the financial health and governance of an HOA, giving potential buyers crucial insights before purchasing a property. The seller must secure this certificate from the HOA and provide it to the buyer. This document confirms if there are any pending dues and other important regulations. For a thorough understanding of how this process works, explore the TX TREC 37-5 guidelines.
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