Condo Resale Certificate
A resale certificate is a set of documents and disclosures that is assembled by a condo homeowners association.
Condo resale certificate. In washington as in many other states the buyer has a right to receive a document known as a condominium resale certificatebut see below for discussion of idaho. What is a condominium resale certificate. The resale certificate is provided by the seller to prospective buyers. A resale certificate is a document that a unit owner must provide to the purchaser before they can sell their condominium unit.
In washington state a resale certificate is required by law. The seller has an obligation to provide the condominium resale certificate to the prospective purchaser. Resale certificates contain a variety of information. Tip create an account to receive email notifications with the latest information from the condo guy team.
A condominium resale certificate is a collection of documents that are required by state law such as a statement of special and regular assessments financial statements and a capital reserve statements. Use the resources from the condo guy team to populate information regarding contract forms and resale certification for both buying selling process. Washington condominium resale certificate required. Any unit owner who wishes to sell his or her unit needs to be aware of the resale certificate requirements.