Quote:
Originally Posted by MikePRU
I don't doubt that recording a document when resigning is necessary. I do know that the names of the trustees of every condo association are recorded at the registry. This is so that the Registrar can confirm that condo documents being recorded are signed by the appropriate person.
For example, in MA when a condo is sold a 6D certificate must be recorded along with the deed. This piece of paper basically says how much money the unit owes to the association (ideally it should say $0). It's an important document because it basically informs the new owner of the balance of their account at the point they take ownership. How does the registrar know who is authorized to sign if the names of the trustees are not recorded?
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Well, here the registrar does not give out legal advice and neither are they involved in verifying signatures. That role is left to notaries. For instance, whenever I sign as a corporation President, my identity is verified by picture I.D. and I need to show proof of my capacity by either showing appropriate I.R.S. or state documents.
Once a Master Deed is filed for the condominium, I'm not really sure what all a condo association would be recording--except maybe a list of their new trustees.
(Okay, they record 6D certificates in Massachusetts, too.)
Different strokes for different...states.
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