Here's some helpful information...
What is a 6(d) certificate?
A 6(d) certificate is required for the sale or transfer of ownership or when refinancing a unit. The certificate states that there are no common charges due as of the date through which payment has been received. All common charges must be paid in full at least five business days in advance of the 6(d) certificate being issued.
Who pays for closing documents?
For refinancing, the cost of the 6(d) and all other required documents is paid by the homeowner.
For unit sales, the cost of the 6(d), condominium and other association documents is usually paid by the seller. The cost of condominium questionnaire is paid by the buyer of the unit.
What is the difference between a standard condominium questionnaire and a bank questionnaire?
Many lenders will accept a standard condominium questionnaire that has been prepared for your building. Some will require the completion of the bank’s form. You can ask your lender if they will accept a standard form.
How far in advance do I need to order a 6(d) and other documents?
To avoid paying rush service charges, order forms as far in advance as possible. Generally, forms such as 6(d) certificates require signatures from trustees in person as they are notarized documents and are best ordered at least ten business days in advance. Though we always do our best to accommodate whatever requests we receive, we may not be able to provide the necessary forms without adequate notice. Rush charges apply to all requests for documents and 6(d) certificates required within 48 hours.
Do I need a first right of refusal waiver?
First right of refusal forms are only required when selling, and they are not required for all properties. If required, it will be noted on the standard condominium questionnaire. You can also ask us about whether this is required or not.
If you have a request that is not listed on our request form, please provide details to us so that we may provide you with a price and an expected time frame.