Waterman, IL · DeKalb County
Application for Certificate of Municipal Debt Satisfaction
Waterman sellers submit this application to request a report of outstanding Village debts and a Certificate of Municipal Debt Satisfaction for a real estate transfer.
What this form is
The Village requires a certification that the seller has satisfied all debts owed to Waterman for real estate transfers. The application asks for property type and address, seller and buyer details, contact information, forwarding address, and closing date. After receiving it, the Village prepares a report of outstanding debts; the certificate is valid for 30 days once issued.
Who needs it
A seller transferring real estate in Waterman must submit this application to obtain the debt report and certificate required for the transfer.
How to submit it
Submit the application and required $10 processing fee to the Village Clerk at 215 W. Adams Street at least 7 business days before closing.
About notarization
This application is signed and dated without a notary; it lists no notarized or sworn attachment, so the seller just signs and dates it.
How to submit this form
- 1
Download The Application
Download the Village of Waterman Application for Certificate of Municipal Debt Satisfaction.
- 2
Complete The Application
Provide the property type, seller and buyer details, contact information, forwarding address, and closing date.
- 3
Prepare The Processing Fee
Include the required $10 processing fee. The application lists no attachment to gather.
- 4
Submit To The Village Clerk
Submit the application and fee to the Village Clerk at 215 W. Adams Street at least 7 business days before closing.
Frequently asked questions
- Do I need a notary for the Municipal Debt Satisfaction Application?
- No. This application has a seller signature and date line but no notary block. It lists no notarized or sworn attachment.
- How do I submit the Municipal Debt Satisfaction Application?
- Submit the application with the required $10 processing fee to the Village Clerk at 215 W. Adams Street at least 7 business days before closing.
- What information does the application ask for?
- It asks for the property type and address, seller and buyer names, phone and email, forwarding address, and closing date.
- How long is the certificate valid?
- The application states that the Certificate of Municipal Debt Satisfaction is valid for 30 days once issued.