CIC Resale Disclosure Certificate 2025

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  1. Click ‘Get Form’ to open the CIC Resale Disclosure Certificate in the editor.
  2. Begin by filling in the 'Name of Common Interest Community' and 'Name of Association' fields. Ensure accuracy as this information is crucial for identification.
  3. Next, enter the 'Address of Association' and 'Unit Number(s)'. Include all relevant units such as garages or storage spaces.
  4. In section 2, provide details about common expense assessments. Fill in the amounts for annual and special assessments, along with any unpaid charges.
  5. Continue to section 3 by listing any additional fees or charges that unit owners may incur, such as late payment fees.
  6. Complete sections regarding insurance coverages and any alterations or improvements that may affect the unit. Be thorough to avoid future disputes.
  7. Finally, certify the information by signing and dating at the bottom of the form. Ensure all fields are completed before saving your document.

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Some states require that the seller, or homeowner, pay for the resale package while others assign that financial obligation to the buyer. The question of who orders it usually depends on who pays for it.
The resale certificate provides specific information about the home in the transaction and its standing in the community association. It includes any past-due payments to the association, pending violations, unpaid violations, unpaid special assessments, and fees that are due upon closing.
Purpose of the disclosure document The disclosure document is supposed to help potential franchisees make a reasonably informed decision about the franchise. The disclosure document must give useful and reliable information about the franchise.
The resale certificate works as a financial overview of the HOA this includes a sellers current standing with the association. A resale certificate also provides important information regarding the property being sold. Other required information may include: Unpaid violations. Pending violations.
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.

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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.

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