Boston Real Estate News

As part of the condominium sale process in Massachustets, the seller must provide at closing a 6D certificate, signed by the Trustee(s) of the condominum association, that there are no past due condo fees or special assessments that are outstanding against the unit.

The certificate should be through the end of the month in which the closing occurs, not just to the closing date. The condo fees will be pro-rated by the closing attorney between the buyer and seller depending upon the date that the closing occurs.  If the certificate is only dated to the date of the closing, it will not be accepted by the closing attorney representing the bank and will delay the closing until a new 6D cetificate can be obtained.

Posted by Gary Dwyer on January 23rd, 2012 5:28 PMPost a Comment (0)

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