What is 6D certificate?

Certificate of No Unpaid Common Expenses (6D Certificate) (Residential Condominiums) (MA) by Practical Law Real Estate. A form of certification that a Massachusetts condominium unit owner has paid all condominium or common area fees, or expenses assessed against the condominium unit as of the date of the certificate.

How long does it take to get a 6d certificate?

If properly executed and recorded, the certificate discharges the unit from a lien arising out of unpaid sums. A seller is entitled to obtain a 6(d) certificate within 10 days of their written request to their association and payment of the fee, if any, set by their association.

Who pays for 6d certificate?

seller
The seller pays the recording fee, which is typically $75.00. If properly executed and recorded, the certificate discharges the unit from a lien arising out of unpaid sums.

Who pays 6d Certificate in Massachusetts?

Is a 6d certificate required in Massachusetts?

For all sales of Massachusetts condominiums, Mass. General Laws Ch. 183A, sec. 6(d) requires that the condo trustees sign a certificate verifying the outstanding condo fees assessed against the unit, if any.

Do you need a 6d certificate for a refinance?

If you are refinancing, you will typically need to have your 6(d) certificate ready at the closing.

Who orders the 6d certificate?

A seller is entitled to obtain a 6(d) certificate within 10 days of their written request to their association and payment of the fee, if any, set by their association.

Who is responsible to obtain the 6d certificate?

Typically a Seller of a condo in Massachusetts is responsible to obtain the 6D Certificate from their condo association (of course everything in a transaction can be negotiated). The Seller notifies the condo association they are selling and the condo association checks to make sure all condo fees, condo liens or any fines have been paid in full. This is a document prepared in accordance.

What is a 6d certificate?

6D Information. What is a 6-D. Answer: a 6D certificate is a notarized document which is required for most sales or refinancing of condominiums. This document needs to be completed by a unit owner’s closing date.