What Documents are Required when Selling a House in Buffalo?
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If you’re thinking of selling your house, the documents that you are going to need to prepare or get ready for closing is the abstract of title, sometimes referred to as a title search. It’s a document, thick, dates back to 1920 or later, goes to anyone that has any interest in a property: Easements, right of ways, deeds, it’s all reflected in the title search. That has to be updated to the time that you’re closing on a transaction and as well as the survey. The survey you require at the time acquires the premises and the survey shows you the boundary lines, the structure situated on the property so that the buyer’s attorney can do a proper examination for the premises. In addition to those documents, and those are the two most important, you’re going to want to get receded tax statements, proof of payment at the property taxes are paid because you are entitled to a reimbursement on those, those would be pro-rated at the time of closing. Proof of payment at the time with regard to the water charges are necessary, and in some municipality, we need to have certifications for a back walk certificate, a side walk certificate, water certificates, sewer certificates.
There are also in many instances in a situation where you need to have some self-pump certifications, particularly in some of our local towns. In addition to those documents, it is necessary to have health department certifications with regards to any well or septic system that is on the property. Those certifications are necessary in order to transfer the property, if they’re not available, the house is for instance has been vacant for a period of time, then we have to hold an escrow at the time of closing to make certain that health department certifications are acquired after closing.
This informational blog post was brought to you by Randy H. Gugino, an experienced Buffalo NY Real Estate Lawyer.
