What does a "6D certificate" confirm?

Prepare for the Massachusetts Real Estate Salesperson licensing exam. Utilize a variety of study modes, including flashcards and multiple-choice questions with comprehensive explanations. Achieve exam success!

The "6D certificate" in Massachusetts serves a specific function related to condominium properties. It confirms that all fees associated with the property in question have been paid and that the rules governing the condominium association have been adhered to. This is particularly relevant during a real estate transaction where the buyer wants assurance that there are no outstanding fees, which could lead to liabilities after the purchase.

In essence, the certificate acts as a protective measure for buyers, ensuring they are fully informed about any obligations tied to the property prior to completing the sale. The absence of such a certificate may result in unforeseen costs, making it a critical document for buyers involved in condominium transactions.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy