Below are two links directing you to the IRS web site that provides information regarding repayment requirements for the credit and the form the IRS requires your seller to fill out.
http://www.irs.gov/newsroom/article/0,,id=253009,00.html
http://www.irs.gov/pub/irs-prior/f5405–2011.pdf
If your home was purchased in 2008, all remaining annual installments become due on the return for the year of sale. The repayment is limited to the amount of gain on the sale, if the home is sold to an unrelated taxpayer. If there is no gain or if there is a loss on the sale, the remaining annual installments may be reduced or even eliminated. If the home is sold to a related person, the total amount of the credit must be repaid. Taxpayers may want to consult a tax professional to determine the tax consequences of a sale.
If your home was purchased in 2009 or later, and your home stops being your main home within 36 months from your date of purchase, you may need to repay all or part of the credit. The repayment of your credit is an increase to tax on your tax return for the year the home stops being your main home.
The highlights above were provided by the Ann Arbor Area Board of REALTORS
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