This detailed sample Resale Certificate for Property Subject to Mandatory Membership in an Owners' Associationcomplies with Texas law. Adapt the language to fit your facts and circumstances. Available in Word and Rich Text formats.
The Harris Texas Resale Certificate for Property Subject to Mandatory Membership in an Owners' Association is an important document that plays a crucial role in property transactions within the state. This certificate is used when selling or transferring a property that is subject to mandatory membership in an owners' association in Harris County, Texas. It serves as proof that all dues, fees, and assessments relating to the owners' association have been paid by the current owner. The Harris Texas Resale Certificate for Property Subject to Mandatory Membership in an Owners' Association includes pertinent information about the property, current owner, and the owners' association. The certificate typically consists of the following details: 1. Property Information: The certificate specifies the physical address, legal description, and tax identification number of the property that is subject to mandatory membership in the owners' association. 2. Current Owner Information: The name, contact details, and any relevant identification numbers of the current owner are included in the certificate. 3. Owners' Association Details: The certificate provides information about the owners' association governing the property, including its name, contact information, and any unique identifiers, such as a Texas Uniform Condominium Act (TUNA) number. 4. Membership Obligations: The certificate outlines the mandatory membership obligations imposed on the property owner by the governing documents of the owners' association, such as paying regular dues, special assessments, and fees. 5. Fee Schedule: Where applicable, the certificate may include a breakdown of the current owner's financial obligations, including details of any outstanding fees and assessments. This enables the prospective buyer to understand the financial implications associated with purchasing the property. 6. Statement of Compliance: The certificate includes a statement affirming that the current owner has complied with all payment obligations towards the owners' association up to the date of issuance. Different types of Harris Texas Resale Certificates may exist based on the specific nature of the property subject to mandatory membership in an owners' association. Some possible variations or classifications of Harris Texas Resale Certificates may include Residential Resale Certificate, Commercial Resale Certificate, Condominium Resale Certificate, or Town home Resale Certificate. The specific type of certificate required depends on the type of property being sold or transferred. Obtaining a Harris Texas Resale Certificate for Property Subject to Mandatory Membership in an Owners' Association is crucial during property transactions as it ensures transparency and adherence to the legal and financial obligations related to the owners' association. Prospective buyers can rely on this certificate to make informed decisions while property owners fulfill their obligations transparently.The Harris Texas Resale Certificate for Property Subject to Mandatory Membership in an Owners' Association is an important document that plays a crucial role in property transactions within the state. This certificate is used when selling or transferring a property that is subject to mandatory membership in an owners' association in Harris County, Texas. It serves as proof that all dues, fees, and assessments relating to the owners' association have been paid by the current owner. The Harris Texas Resale Certificate for Property Subject to Mandatory Membership in an Owners' Association includes pertinent information about the property, current owner, and the owners' association. The certificate typically consists of the following details: 1. Property Information: The certificate specifies the physical address, legal description, and tax identification number of the property that is subject to mandatory membership in the owners' association. 2. Current Owner Information: The name, contact details, and any relevant identification numbers of the current owner are included in the certificate. 3. Owners' Association Details: The certificate provides information about the owners' association governing the property, including its name, contact information, and any unique identifiers, such as a Texas Uniform Condominium Act (TUNA) number. 4. Membership Obligations: The certificate outlines the mandatory membership obligations imposed on the property owner by the governing documents of the owners' association, such as paying regular dues, special assessments, and fees. 5. Fee Schedule: Where applicable, the certificate may include a breakdown of the current owner's financial obligations, including details of any outstanding fees and assessments. This enables the prospective buyer to understand the financial implications associated with purchasing the property. 6. Statement of Compliance: The certificate includes a statement affirming that the current owner has complied with all payment obligations towards the owners' association up to the date of issuance. Different types of Harris Texas Resale Certificates may exist based on the specific nature of the property subject to mandatory membership in an owners' association. Some possible variations or classifications of Harris Texas Resale Certificates may include Residential Resale Certificate, Commercial Resale Certificate, Condominium Resale Certificate, or Town home Resale Certificate. The specific type of certificate required depends on the type of property being sold or transferred. Obtaining a Harris Texas Resale Certificate for Property Subject to Mandatory Membership in an Owners' Association is crucial during property transactions as it ensures transparency and adherence to the legal and financial obligations related to the owners' association. Prospective buyers can rely on this certificate to make informed decisions while property owners fulfill their obligations transparently.
