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CONDOMINIUM RESALE DISCLOSURE CERTIFICATE FROM COUNCIL OF UNIT OWNERS (use only for condominium projects of seven (7) or more units) TO: The Council of Unit Owners Condominium Project ___Condominium
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How to fill out condominium resale disclosure certificate
How to fill out condominium resale disclosure certificate
01
Obtain the resale disclosure certificate form from the condominium association or management company.
02
Fill out all the required personal information, including your name, address, and contact information.
03
Provide details about the condominium unit being sold, such as the unit number, square footage, and any included amenities.
04
Disclose any known defects or issues with the unit or common areas.
05
Sign and date the form to certify the information provided is accurate.
06
Submit the completed resale disclosure certificate to the buyer or their agent.
Who needs condominium resale disclosure certificate?
01
Potential buyers of a condominium unit
02
Real estate agents representing buyers
03
Financial institutions providing loans for the purchase of a condo
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What is condominium resale disclosure certificate?
Condominium resale disclosure certificate is a legal document that provides information about the status of a condominium unit and its association at the time of resale.
Who is required to file condominium resale disclosure certificate?
The seller of a condominium unit is usually required to file the condominium resale disclosure certificate.
How to fill out condominium resale disclosure certificate?
To fill out a condominium resale disclosure certificate, one must provide accurate information about the condominium unit, any ongoing legal issues, and the financial status of the association.
What is the purpose of condominium resale disclosure certificate?
The purpose of condominium resale disclosure certificate is to inform potential buyers about the condition and status of the condominium unit and its association.
What information must be reported on condominium resale disclosure certificate?
The information reported on a condominium resale disclosure certificate typically includes any liens or assessments on the unit, pending legal actions, and the financial health of the association.
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