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Receipt of the foregoing documents and the resale disclosure certificate is acknowledged by the undersigned buyer s. M. S.B. A. Real Property Form No. 16 2001 Revised 2010 Minnesota Common Interest Community Resale Disclosure Certificate DISCLOSURE CERTIFICATE / PAGE 1 MINNESOTA COMMON INTEREST COMMUNITY RESALE DISCLOSURE CERTIFICATE Copyright 2010 by Minnesota State Bar Association Minneapolis Minnesota. No copyright is claimed for statutory text. This Resale Disclosure Certificate is given...
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How to fill out common interest community resale:

01
Gather all necessary documents, such as the resale disclosure packet and any relevant financial records.
02
Review the resale disclosure packet carefully, paying attention to any specific instructions or requirements.
03
Fill out all required sections of the resale disclosure packet accurately and completely. This may include providing information about the property, its condition, and any recent upgrades or renovations.
04
Attach any requested documents or supporting materials as outlined in the resale disclosure packet.
05
Double-check all the information provided before submitting the completed resale disclosure packet.

Who needs common interest community resale:

01
Individuals or companies who are looking to sell or transfer ownership of a property within a common interest community.
02
Potential buyers or lenders who require accurate information about the property's financial and legal status before proceeding with a purchase or loan.
03
Property management companies or homeowner associations that handle the resale process and need to ensure compliance with community rules and regulations.
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The resale disclosure certificate in Minnesota is a legal document provided by sellers of residential properties, outlining various details about the property that potential buyers should know before completing a purchase.
Sellers of residential properties in Minnesota are required to file a resale disclosure certificate when transferring ownership of the property.
To fill out a resale disclosure certificate in Minnesota, sellers must provide accurate details about the property, including its condition, any known defects, and any special assessments that apply. The form must be completed in accordance with Minnesota state law.
The purpose of the resale disclosure certificate in Minnesota is to inform potential buyers of important information regarding the property's condition, ensuring transparency in the transaction and protecting both parties.
The resale disclosure certificate must report information such as the property's physical condition, any known defects, history of repairs, zoning information, and any current or prior assessments affecting the property.
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