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Click ‘Get Form’ to open the hoa resale certificate example in the editor.
Begin by entering the 'Name of Association' at the top of the form. This identifies which association is providing the resale certificate.
In section 1, specify any right of first refusal or other restrictions on the property’s transferability.
For section 2, select how common expense assessments are billed (monthly, annually, or other) and input the current assessment amount along with any unpaid expenses.
In section 3, list any additional fees that are payable by the owner of the unit/lot/apartment.
Section 4 requires you to detail reserves for capital expenditures and any designated projects associated with those reserves.
Complete sections 5 and 6 by noting any unsatisfied judgments against the association and confirming knowledge of health or building code violations.
In section 7, indicate if there is a leasehold estate affecting the community and provide relevant details if applicable.
Finally, review section 8 for any restrictions on sale amounts and ensure all attached documents are listed correctly before signing at the bottom.
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