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What is the mortgage clause? |
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This is the name and address of the mortgage lender and this should be shown as the Certificate Holder. |
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Can I find out the name of the Condominium Association by the address of the unit? |
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No, you may only find it by the Association name and not by location.
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Is there a charge for the Certificate of Insurance? |
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Yes. This is a service provided by COI Direct, LLC a third party. |
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Where can I find out the full name of the Association? |
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This information should be available from the unit owner/purchaser or the management company. |
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What if I do not know the full name of the Association? |
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We will not be able to prepare a Certificate without the Association name. |
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Who is responsible for ordering the certificate? |
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If the certificate request is for a new loan of any kind, such as a line of credit, reverse mortgage, refinance, or misc. new loan, the buyers lender/loan processor or their representative (broker, attorney, real estate agent, etc.) is responsible for securing the certificates. Not the unit owner! |
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When will the certificate I ordered be available? |
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Once payment is received, the certificate will be available within 1 business day, if receiving by email or fax, regular mail can take several days from ordering. |
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Is a certificate of insurance an actual policy? |
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Generally, a Certificate of Insurance is a summary document issued that says a policy has been issued to an insured for a general type of risk. ... And is not a contract or actual policy. |
What is the mortgage clause? |
|
This is the name and address of the mortgage lender and this should be shown as the Certificate Holder. |
|
|
|
Can I find out the name of the Condominium Association by the address of the unit? |
|
No, you may only find it by the Association name and not by location.
|
|
|
|
Is there a charge for the Certificate of Insurance? |
|
Yes. This is a service provided by COI Direct, LLC a third party. |
|
|
|
Where can I find out the full name of the Association? |
|
This information should be available from the unit owner/purchaser or the management company. |
|
|
|
What if I do not know the full name of the Association? |
|
We will not be able to prepare a Certificate without the Association name. |
|
|
|
Who is responsible for ordering the certificate? |
|
If the certificate request is for a new loan of any kind, such as a line of credit, reverse mortgage, refinance, or misc. new loan, the buyers lender/loan processor or their representative (broker, attorney, real estate agent, etc.) is responsible for securing the certificates. Not the unit owner! |
|
|
|
When will the certificate I ordered be available? |
|
Once payment is received, the certificate will be available within 1 business day, if receiving by email or fax, regular mail can take several days from ordering. |
|
|
|
Is a certificate of insurance an actual policy? |
|
Generally, a Certificate of Insurance is a summary document issued that says a policy has been issued to an insured for a general type of risk. ... And is not a contract or actual policy. |
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