What is a 6(d) Certificate?
A 6D Certificate, also known as a “Certificate of Compliance,” is a document required in Massachusetts during the sale or transfer of a condominium unit. This certificate is governed by Massachusetts General Laws (M.G.L.) Chapter 183A, Section 6.
Key Points About the MA 6D Certificate:
- Purpose: The 6D Certificate ensures that all condominium fees, assessments, and other charges owed to the condominium association by the current unit owner have been fully paid up to the date of the sale. This prevents the buyer from inheriting any outstanding debts associated with the unit.
- Legal Requirement: Under M.G.L. Chapter 183A, Section 6, the certificate must be provided by the condominium association or its managing agent as a condition of the sale. It confirms that the association has no claims or liens against the unit being transferred.
- Issuance: The certificate is typically requested by the closing attorney or title company handling the transaction. It must be obtained before the closing process can be completed.
- Protection for Buyers and Sellers: For buyers, the 6D Certificate provides assurance that they are not taking on any unpaid debts from the previous owner. For sellers, it is a necessary step to clear any financial obligations related to the condo unit before the sale.
- Timing: It’s recommended to request the 6D Certificate well in advance of the closing date to avoid any delays, as the sale cannot proceed without this document.
In summary, the MA 6D Certificate, required by M.G.L. Chapter 183A, Section 6, is crucial for the lawful and smooth transfer of a condominium unit in Massachusetts, ensuring that all financial obligations to the condominium association are settled before the sale is finalized.