6-D form equivalent required at closing? - Saab General Bulletin Board - Saabnet.com
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6-D form equivalent required at closing?
Posted by jeff '04 (more from jeff '04) on Mon, 8 Nov 2004 16:55:52
In Reply to: home/condo owners, I need your help., t_mokes, Mon, 8 Nov 2004 10:08:28
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In Massachusetts, the lender requires that a document (called a 6-D form) issued by the seller be required to complete the closing. I am a trustee of a condo association and have to sign these frequently. Basically, it's a notorized affidavit from the management company and signed by 2 trustees of the association asserting that all condominium fees and any special assessments are made to date of closing. I don't know about your state but this is standard practice here and separate from title insurance. This protects both the lender and the buyer from exactly the situation you describe. Many documents change hands at the closing. You should check with your closing attorney.
Jeff
posted by 68.160.159...
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