condo buying ct: What Are Connecticut Condo Resale Certificates, Bylaws & Declarations?
- 02/13/14 12:41 AM
What Are Connecticut Condo Resale Certificates, Bylaws & Declarations? The Connecticut Condominium Laws was enacted partly to protect the purchaser by requiring certain disclosures. In order to purchase a condo the seller must furnish you with the Declaration, association bylaws, rules and regulations and a resale document. (For condominiums greater than twelve units). The Resale Document/Certificate is a package of disclosure documents given by the seller to the buyers of common interest ownership unit. These documents must include: Monthly common charges Unpaid charges the seller owns the association. Any restriction on a maximum or minimum resale amount. The owners’ right to (23 comments)