Get Tx Trec 32-4 2015-2026

The TX TREC 32-4 is a critical document used in the sale of condominium units in Texas, known as the Condominium Resale Certificate. This guide will provide clear and straightforward steps to assist users in filling out the form online effectively.

Follow the steps to complete the TX TREC 32-4 online

1. Click ‘Get Form’ button to obtain the form and open it in your editor.
2. Begin by identifying the condominium unit details, including the unit number, building designation, and the condominium project address.
3. Fill out Section A, indicating whether the declaration contains a right of first refusal or other transfer restrictions. If applicable, specify the relevant section of the declaration.
4. For Section B, enter the periodic common expense assessment for the unit.
5. In Section C, select whether there is an unpaid common expense or special assessment due by the seller to the association, and provide the total unpaid amount and its purpose.
6. Proceed to Section D, noting any other amounts payable by the seller to the association, along with the total unpaid amount and its purpose.
7. For Section E, indicate the amount approved for capital expenditures by the association for the next 12 months.
8. Complete Section F by entering the reserves for capital expenditures and designating the purpose of those reserves.
9. Section G requires attaching the current operating budget and balance sheet of the association.
10. In Section H, provide the amount of any unsatisfied judgments against the association.
11. For Section I, indicate whether there are any pending suits against the association and describe the nature of those suits.
12. In Section J, confirm whether the association provides insurance coverage for unit owners and attach the summary from the insurance agent.
13. Section K requires the board to declare if they have any knowledge of alterations or improvements to the unit that violate the declaration or association rules.
14. In Section L, specify if there have been any notices from governmental authorities regarding violations of health or building codes.
15. Fill out Section M with details about any leasehold estate that affects the condominium.
16. Section N requires inputting the managing agent's name, mailing address, phone, fax, and e-mail address.
17. Complete Section O with the association fees resulting from the unit transfer.
18. For Section P, enter any required contribution to the capital reserves account.
19. Attach all required documents, including the operating budget, insurance summary, and balance sheet.
20. Review the completed form for accuracy, then save your changes, download, print, or share the form as needed.

Complete your TX TREC 32-4 online today for a smooth condominium resale process.