Condo resale certificate form 2025

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  1. Click ‘Get Form’ to open the condo resale certificate in the editor.
  2. Begin by filling in the details of the condominium unit, including the address, city, and county. Ensure accuracy as this information is crucial for identification.
  3. In section A, indicate whether there is a right of first refusal or other restrictions on transferring the unit. If applicable, specify the relevant section of the Declaration.
  4. Complete sections B through P by entering financial details such as common expense assessments, any unpaid amounts due to the Association, and capital expenditures approved for the next year.
  5. Attach required documents like the operating budget and insurance summary directly within our platform for seamless submission.
  6. Review all entries for accuracy before finalizing. Once satisfied, save your document and share it with relevant parties using our easy distribution features.

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While your agent or escrow company typically orders the appropriate forms for closing, homeowners can also directly request an HOA resale certificate or other disclosure materials from the communitys management company or HOA board.
This form is used in connection with the sale of a inium and is prepared and signed by the inium association.
Who completes the information for the resale certificate? Because the associations property management company handles the accounts receivable for the association and has the rest of its accounting information handy as well, the management company will complete the certificate as a service to its clients.
In Texas, the seller is typically responsible for ordering the HOA resale certificate.
Overall, a inium resale certificate facilitates transparency, protects buyers, and promotes fair real estate transactions. It provides potential buyers the necessary information to make informed decisions and ensures a smoother transaction process for all parties involved.
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A resale certificate and copy of a communitys governing documents are part of the package of paperwork that is exchanged during the process of buying or selling a home. The resale certificate provides transparency about the community and the sellers financial obligations to the association.
The resale certificate is a financial overview of the HOA, featuring a sellers current standing with the association and key information regarding the property being sold. Other information may include: Amount and frequency of HOA dues.
Make sure the Texas resale certificate form is completely filled out This includes the buyers name and what they sell, your store name, and a detailed description of the items bought for resale. You should also have the buyers address and signature.

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