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Condominium Affidavit of Value Page 1 of 2 I, of in the Province of make oath and say that: 1. Pursuant to Transform Number, a condominium plan has been approved which creates the new units listed

How to fill out condominium affidavit of value

1. Begin by gathering all the necessary information and documentation required for the condominium affidavit of value. This may include the address of the property, the purchase price, and any relevant financial statements or appraisals.
2. Next, carefully review the instructions provided with the affidavit to ensure you understand the requirements and necessary steps.
3. Fill out the initial sections of the affidavit, which typically include providing your personal information such as your name, address, and contact details.
4. Proceed to provide details about the condominium property, such as the address, unit number, and any additional information required by the affidavit.
5. Enter the purchase price or current market value of the condominium. If you are unsure about the property's value, consider consulting with a professional appraiser or real estate agent.
6. Attach any supporting documents, such as appraisals or financial statements, as instructed by the affidavit.
7. Review the completed affidavit thoroughly to ensure accuracy and completeness.
8. If required, sign and date the affidavit in the designated areas.
9. Keep a copy of the filled-out and signed affidavit for your records.

Who needs a condominium affidavit of value?

A condominium affidavit of value is typically required in real estate transactions involving condominium properties. It is commonly needed by buyers, sellers, and any parties involved in the transfer of ownership of a condominium unit. The specific requirements for who needs the affidavit may vary depending on local laws and regulations. It is advisable to consult with a real estate attorney or relevant authorities to determine if you need to fill out a condominium affidavit of value in your specific situation.

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What is condominium affidavit of value?

Condominium affidavit of value is a legal document that discloses the sales price or value of a condominium unit.

Who is required to file condominium affidavit of value?

The seller of a condominium unit is required to file the condominium affidavit of value.

How to fill out condominium affidavit of value?

To fill out a condominium affidavit of value, the seller must provide information about the sales price or value of the condominium unit.

What is the purpose of condominium affidavit of value?

The purpose of condominium affidavit of value is to ensure the accurate reporting of the sales price or value of a condominium unit for tax assessment purposes.

What information must be reported on condominium affidavit of value?

The information that must be reported on a condominium affidavit of value includes the sales price or value of the condominium unit, the name of the seller, and the date of sale.