Get Condo Resale Certificate Texas

The Condo Resale Certificate is an essential document in Texas real estate transactions that provides important information about a condominium unit. This guide will help you understand how to fill out the form online, ensuring you complete each section accurately and effectively.

Follow the steps to fill out your Condo Resale Certificate online:

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Fill in the information regarding the condominium unit, including the unit number, building name, and the specific address of the property.
3. Indicate whether the declaration contains a right of first refusal or other restraints affecting the transfer of the unit.
4. Enter the periodic common expense assessment amount for the unit.
5. State whether there is any unpaid common expense or special assessment due by the seller to the association.
6. Specify any other amounts payable by the seller to the association, if applicable.
7. List the capital expenditures approved by the association for the next 12 months.
8. Document reserves for capital expenditures and specify the designated purpose.
9. Attach the current operating budget and balance sheet of the association as required.
10. Indicate the amount of unsatisfied judgments against the association, if any.
11. Report if there are any pending suits against the association and describe the nature.
12. State whether the association provides insurance coverage for unit owners according to the attached summary.
13. Declare knowledge of any alterations or improvements to the unit or violations of the declaration.
14. Note any governmental authority notices regarding health or building code violations.
15. Provide details regarding the remaining term of any leasehold estate affecting the condominium.
16. Complete the contact information for the association's managing agent including name, address, phone, fax, and email.
17. Specify any association fees resulting from the transfer of the unit.
18. Include the required contribution to the capital reserves account, if any.
19. Review all entries for accuracy and completeness, then proceed to save changes, download, print, or share the form.

Complete your Condo Resale Certificate online today for a smooth transaction!