Form for Real Estate Sale or Transfer

This online form, with drop down boxes, has been developed to help expedite your real estate transaction. Whether you are selling your home, refinancing or transferring the ownership to a Trust or LLC, getting the requested information to us as quickly as possible will speed up the transaction.

That said, you should anticipate that it could take 30 days for Cashion Consulting and Property Management to process your request. Most lawyers, mortgage companies and banks are not familiar with transactions dealing with Cooperatives and the timeframe is generally driven by the iterative rounds of questions asked and our receipt of the required documents that need to be signed and notarized by cooperative officers/board members who are often off-island when their signatures are requested.

The document processing fees for transactions listed below are payable to both Cashion Consulting and Property Management and Nashaquisset, Inc. Please send both checks to CCPM upon their acceptance of this document, their address is CCPM, PO Box 3067, Nantucket, MA 02554.

Home Sale: $650 (payable $400 to CCPM and $250 to Nashaquisset, Inc.)

Home Refinance: $600 (payable $350 to CCPM and $250 to Nashaquisset, Inc.)

Home Ownership Transfer: $600 (payable $350 to CCPM and $250 to Nashaquisset, Inc.)

First Name *

Last Name *

Home Street Address (Legal Residence) *

Address Line 2

City *

State *

Zip Code *

Preferred Contact Phone Number *

Email Address *

Nantucket Address *

What is the style of your home? *

Please provide your lawyer's name, address, phone number and email address. *

Information about your home

We will need the Stock Certificate that was issued to you when you purchased your home. Do you have it? *

Yes

The Bank has it

No, I've lost it No, I've lost it

Would you like is to send you a "Lost Stock Certificate Affidavit"? *

If you have the certificate, what is the exact name on the certificate? *

Do you know how many shares in Nashaquisset that you own? (Please answer with yes or no and the number of shares) *

You or your attorney will need to go online to the Nantucket Registry of Deeds at https://www.masslandrecords.com/Nantucket/ and download a copy of your Recorded Notice of Lease that was recorded during your last transaction. Please save and upload that document below. You can skip this step right now but we will need this information to proceed with your transaction.

Are you past due on any Quarterly Carrying Charges? *

What type of transaction are you undertaking? *

Let's start with your purchaser's name, address, and phone. *

Purchaser's Lawyer's name, address, phone and email. *

How is your home titled now? Please list the exact wording. If your home is held through and entity such as a Trust or LLC, you will need to provide the name of the entity, the address and evidence of signing authority. *

How would purchasers like ownership to be on their new Stock Certificate to Appear? (eg, Tennants in Common, Joint Tennants with Rights of Survivorship, Revocable Trust, etc.) *

Note: Each bank is different, and some banks will not require Cooperative involvement; other banks may request Cooperative to sign new bank-specific documents, which are subject to the discretion of the Board. The information requested will assist us in determining how involved the Cooperative needs to be in your transaction.

Please provide your new bank's name, address, phone along with your individual contact and email address. *

Is your existing loan subject to a Recognition Agreement, which would require the Cooperative to notify them of any change in your mortgage. If you do not know the answer to this you will need to check with your existing lender and, if required, we will need a copy of the Recognition Agreement as soon as possible. (note: do we need to say what this agreement is?) *

Please upload a copy of the Recognition Agreement. If you don't have this we will need as quickly as possible.

Please provide a complete list of the Cooperative documents requested by your New Bank. Most of these documents are available to you on the Nashaquisset website.

Note: The Cooperative reserves right to review and possibly object to non-standard new documents obligating the Cooperative to items beyond the scope of our governance documents. *

What is the exact name you would like on the new Stock Certificate? *

Please indicate your anticipate closing date (keeping in mind the 30-day turn-around time). * +

Are there any special circumstances the Cooperative needs to be aware of? *

Please sign below indicating that you would like Cashion Consulting and Property Management to begin this process. *

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Date * +