There is no transfer stamp, but the following is required:
Seller
- Pay for the Compliance Inspection.
- Pay for a new water meter.
- Schedule a final water meter reading within three days of closing and pay for final bill.
- Provide a copy of the Plat of Survey.
- Provide the completed Forms 3500 and 4000 (completed by Buyer).
- Pay for any payments owed for release of lien.
Buyer
- If there is an escrow owed to the village, pay before the transfer stamp is issued.
- Complete Form 3500 and have it notarized. This form is a declaration of the
- understanding of the number of legal, prescribed units in this housing.
- Complete Form 4000 for new water service.
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