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What is a Resale Certificate

A set of documents buyers receive within 7 – 10 days after making an offer on a unit in a condominium building. It includes the Homeowners Association budget, the Covenants, Conditions & Restrictions (CC&Rs) for the building, and a copy of the minutes of the association’s last meeting. Buyers will have five days to review these documents and rescind their offer if they decide not to go through with the purchase.