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Mortgage
Holder Information
6 - D Certificates
By-Laws, Master Deed
Mortgage
Holder Info
Every homeowner who has a mortgage is required to
provide their mortgage holder (bank) with a Certificate of Insurance. This insurance is provided through
Paul Revere
Village
on your home (see
insurance provisions) and the common property.
The Board of Governors provides this information to your mortgage
company through our insurance provider; however, we need each homeowner
to provide the Board with this information.
Failure to submit the information within 10 days of a request by the
Board may result in the Board's obtaining the information via the
Registry of Deeds, and the cost of such will be assessed personally to
the unit owner and against the unit.
The Association sends each homeowner a form annually requesting
an update on each unit's mortgage holder.
If this information is not provided to your mortgage holder, they
may buy insurance for you and charge you.
Please make sure you fill this form out correctly, If you need
help, please call the Association and request one.
Upon
selling or refinancing your unit, you will probably receive a mortgage
information request form. For your assistance, we have created a list of
the most commonly asked questions along
with the answers. Some of these answers will need to be updated, so take
note of the date on the top of the form. You will find this helpful in
filling out the questionnaire, but you will also need a board member to
sign it. Please request this through the feedback
form.
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