Loading
Get Common Interest Community Resale Disclosure Certificate 2006-2025
How it works
-
Open form follow the instructions
-
Easily sign the form with your finger
-
Send filled & signed form or save
How to fill out the Common Interest Community Resale Disclosure Certificate online
Filling out the Common Interest Community Resale Disclosure Certificate online is a crucial task for those involved in the resale of properties within a common interest community. This guide provides step-by-step instructions to help you complete the form accurately and efficiently.
Follow the steps to fill out the form correctly
- Click ‘Get Form’ button to access the Common Interest Community Resale Disclosure Certificate and open it in your preferred editing tool.
- Provide the date of filling out the form in the designated section. This ensures that the information is current and relevant.
- Indicate the page number and total pages of the document in the respective fields to maintain structure and clarity.
- Enter the name of the common interest community and the association handling the resale. Make sure to double-check the names for accuracy.
- Fill in the address of the association. This should include the street address, city, state, and zip code.
- List the unit numbers associated with the property, including any auxiliary units such as garages or storage areas.
- Fill out the section regarding the right of first refusal or any restraints on the free alienability of the unit. If applicable, describe any exceptions.
- Indicate the assessment details. Include annual assessment installments, special assessment installments, and any unpaid assessments or fines.
- If a plan for levying common expense assessments has been approved by the association, check the corresponding box and attach the description.
- Provide information about additional fees or charges other than assessments, such as late payment fees or user fees.
- Mention any extraordinary expenditures approved by the association that are not yet assessed for the current and following fiscal years.
- Specify the reserved amounts for maintenance, repair, or replacement, and detail any projects these reserves are designated for.
- Attach and reference required documents, including the most recent balance sheet and income and expense statement, along with the association's current budget.
- Identify any unsatisfied judgments against the association, providing creditor names and amounts as applicable.
- List any pending lawsuits involving the association, summarizing their current status.
- Detail the insurance coverages provided by the association for the benefit of unit owners, and mention any specific fixtures insured.
- Ensure to record whether the board of directors has notified the unit owner of any violations regarding alterations or improvements.
- Provide details of any leasehold estates affecting the common interest community, including terms for extensions or renewals.
- Include any additional matters impacting the unit or unit owner's obligations that are deemed material.
- At the end of the form, certify the information by signing your name, providing your title, address, and phone number.
- Finally, ensure to complete the receipt section, documenting the date of acknowledgment and obtaining signatures from the buyer(s).
- After completing the form, save your changes. You can also download, print, or share the completed document as needed.
Take the next step and complete your Common Interest Community Resale Disclosure Certificate online today.
The seller must complete the “Seller's Real Property Disclosure” form, detailing the condition of the property, known defects, and any other aspects of the property which may affect its use or value.
Industry-leading security and compliance
US Legal Forms protects your data by complying with industry-specific security standards.
-
In businnes since 199725+ years providing professional legal documents.
-
Accredited businessGuarantees that a business meets BBB accreditation standards in the US and Canada.
-
Secured by BraintreeValidated Level 1 PCI DSS compliant payment gateway that accepts most major credit and debit card brands from across the globe.