What Documents Are Required to Sell a House?
If you are considering selling property in Western New York, it isn’t enough to simply put a For Sale sign in the front yard and leave it at that. If you are wondering about what documents are required to sell a house, read this article and then contact our experienced Buffalo real estate attorneys today.
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Required Documents | Abstract of Title
If you are thinking of selling your house, the first document that you will need to prepare for closing is the abstract of title, sometimes referred to as a title search. The abstract of title is a thick document that is sent to anyone who has interest in a property. Easements, right of ways, and deeds are all reflected in the abstract of title, which has to be fully updated to the time that you are closing on a transaction. The survey shows you the boundary lines of the structure situated on the property, and this second key document allows the buyer’s attorney to do a proper examination for the premises.
Required Documents | Tax Statements
In addition to those documents, you will need receded tax statements, which constitutes proof of payment that the property taxes have been paid. You are entitled to a reimbursement on property taxes, and these expenses will be prorated at the time of closing. Proof of payment with regard to the water charges will be necessary and depending on the municipality in which your property is located, you may need a back-walk certificate, a sidewalk certificate, water certificates, and sewer certificates. You may also need to provide self-pump certificates.
Required Documents | Health Department Certifications
It is necessary to have health department certifications for any well or septic system that is on the property. Those certifications are vital in order to transfer the property, and if they are not available, then you will have to hold an escrow at the time of closing to make certain that health department certifications are acquired prior to the transfer or the property.
If you or a loved one is looking to sell a home or has an issue with a New York real estate transaction, contact experienced Buffalo real estate lawyer Randy H. Gugino to help guide you through the process.