Fillable TREC CONDOMINIUM RESALE CERTIFICATE 32-4

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TREC CONDOMINIUM RESALE CERTIFICATE 32-4

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The Texas Real Estate Commission (TREC) is an agency that governs real estate practices in the state of Texas USA. I its headquarters are located in Ausin Texas at 1700 North Congress.

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TREC NO. 32-4
PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC)
CONDOMINIUM RESALE CERTIFICATE
(Section 82.157, Texas Property Code)
Condominium Certificate concerning Condominium Unit , in Building , of
,a condominium project, located at
(Address), City of ,
County of , Texas, on behalf of the condominium owners' association
(the Association) by the Association's governing body (the Board).
A. The Declaration does does not contain a right of first refusal or other restraint that restricts
the right to transfer the Unit. If a right of first refusal or other restraint exists, see Section
of the Declaration.
B. The periodic common expense assessment for the Unit is $ per .
C. There is is not a common expense or special assessment due and unpaid by the Seller to the
Association. The total unpaid amount is $ and is for .
D. Other amounts are are not payable by Seller to the Association. The total unpaid amount is
$ and is for .
E. Capital expenditures approved by the Association for the next 12 months are $ .
F. Reserves for capital expenditures are $ ;of this amount $
has been designated for .
G. The current operating budget and balance sheet of the Association is attached.
H. The amount of unsatisfied judgments against the Association is $ .
I. There are are not any suits pending against the Association. The nature of the suits is
.
J. The Association does does not provide insurance coverage for the benefit of unit owners as per
the attached summary from the Association's insurance agent.
K. The Board has has no knowledge of alterations or improvements to the Unit or to the limited
common elements assigned to the Unit or any portion of the project that violate any provision of the
Declaration, by-laws or rules of the Association. Known violations are:
.
L. The Board has has not received notice from a governmental authority concerning violations
of health or building codes with respect to the Unit, the limited common elements assigned to the
Unit, or any other portion of the condominium project. Notices received are:
.
M. The remaining term of any leasehold estate that affects the condominium is
and the provisions governing an extension or a renewal of the lease are:
.
N.
EQUAL HOUSING
OPPORTUNITY
8-17-2015
The Association’s managing agent is
(Name of Agent)
(Mailing Address)
(Phone )
(Fax)
(E-mail Address)
TREC NO. 32-4
O. Association fees resulting from the transfer of the unit described above:
P. Required contribution, if any, to the capital reserves account $ .
REQUIRED ATTACHMENTS:
1. Operating Budget
2. Insurance Summary
3. Balance Sheet
NOTICE: The Certificate must be prepared no more than three months before the date it
is delivered to Buyer.
By:
Name:
Title:
Date:
Mailing Address:
E-mail:
Condominium Resale Certificate Concerning Page 2 of 2
(Address of Property)
This form has been approved by the Texas Real Estate Commission for use with similarly approved or
promulgated contract forms. Such approval relates to this form only. TREC forms are intended for use only
by trained real estate license holders. No representation is made as to the legal validity or adequacy of any
provision in any specific transactions. It is not suitable for complex transactions. Texas Real Estate
Commission, P.O. Box 12188, Austin, TX 78711-2188, 512-936-3000 (http://www.trec.texas.gov) TREC No.
32-4. This form replaces TREC No. 32-3.
TREC NO. 32-4
Name of Association
Description Paid To Amount
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TREC CONDOMINIUM RESALE CERTIFICATE 32-4

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Completed 20 February 2020

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