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Missouri Limited Warranty Certificate Issued to Owner of Condominium Unit

Category:
Real Estate - Certificates
State:
Multi-State
Control #:
US-03106BG
Format:
Word; 
Rich Text
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Description

This Limited Warranty Certificate has been prepared to comply with the requirements of the federal Magnuson-Mass Warranty-Federal Trade Commission Improvement Act enacted in 1975 (15 U.S.C. Section 2301); certain language is required by regulations promulgated by the Federal Trade Commission (16 C.F.R. Section 701.3).


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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  • Preview Limited Warranty Certificate Issued to Owner of Condominium Unit
  • Preview Limited Warranty Certificate Issued to Owner of Condominium Unit
  • Preview Limited Warranty Certificate Issued to Owner of Condominium Unit
  • Preview Limited Warranty Certificate Issued to Owner of Condominium Unit

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FAQ

While associations have their own sets of rules, some requirements are alike for all Texas transactions with mandatory associations. In Texas, the seller must provide a resale certificate to the buyer by the deadline stated in the purchase contract.

A condominium, or condo, is an individually owned residential unit in a complex or building of like units. Condo owners own their units but share common spaces, amenities, and other resources. They pay condo fees, which cover maintenance costs, amenities, and the upkeep of common spaces.

As an owner, you may be directed by your agent to obtain a Resale Certificate. This document is one of the documents required by the Missouri Uniform Condominium Act in order to process a closing on a condominium and is one that the selling party typically acquires.

What is in the Resale Documents? After the initial sale by the developer, sellers of common interest ownership units must give buyers a package of resale disclosure documents. It is the seller's responsibility to compile and disclose the resale documents to the buyer.

What is a resale certificate? A condo resale certificate is a collection of documents that provides detailed information about a specific condo unit plus the condo development as a whole.

Pennsylvania state law requires a seller to provide the buyer with a resale disclosure package before execution of the sales contract, or otherwise before conveyance. This package includes the resale certificate, governing documents, and financial documents for the homeowners association.

Missouri Limited Warranty Certificate Issued to Owner of Condominium Unit Related Searches

  • missouri condominium resale certificate form
  • missouri condominium act

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