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1. The Property is part of a Common Interest community as defined in Connecticut General Statutes C. Eastern Connecticut Association of REALTORS COMMON INTEREST OWNERSHIP ADDENDUM FOR UNIT RESALE This Addendum is made an integral part of the Purchase and Sale Agreement the Agreement dated between Buyer s Seller s for real property known as the Property. G.S. 47-200 et. seq. 2. Before conveyance or transfer of the right to possession of a unit the statutes require the Seller s to furnish the...
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How to fill out common interest ownership addendum

01
Read the common interest ownership addendum carefully to understand its purpose and requirements.
02
Gather all necessary information and documentation related to the common interest property.
03
Start filling out the addendum by providing your name and contact information.
04
Identify the common interest property by providing its address and legal description.
05
Specify the common interest owner(s) involved in the addendum by including their names and contact information.
06
Include details about any existing liens, mortgages, or encumbrances on the property.
07
State the purchase price or consideration for the common interest property if applicable.
08
Note down any specific terms or conditions that need to be addressed in the addendum.
09
Include any additional provisions or amendments that are relevant to the agreement.
10
Review the completed addendum and make sure all information is accurate and complete.
11
Sign and date the addendum, and have all involved parties do the same.
12
Keep a copy of the signed addendum for your records.

Who needs common interest ownership addendum?

01
Buyers who are purchasing a common interest property.
02
Sellers who are selling a common interest property.
03
Real estate agents or brokers handling transactions involving common interest properties.
04
Attorneys or legal professionals representing parties involved in common interest property agreements.
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Common interest ownership addendum is a legal document that is used to add additional terms or information to a common interest ownership agreement.
The party or parties involved in the common interest ownership agreement are required to file the addendum.
The addendum can be filled out by providing the requested information in the designated spaces on the document.
The purpose of the addendum is to clarify or modify the terms of the original common interest ownership agreement.
The addendum may require information such as changes in ownership percentages, additional parties involved, or amendments to existing terms.
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Relevant keywords

2013 connecticut seq voidable hereinafter voids lender conveyance resale evidenced realtors applicable addendum bylaws excluding surveys statutes integral furnish expiration revised mailing deemed contingency saturdays accordance defined

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