Realtor Information

Resale Certificate Request

Please have the seller initiate this process immediately after contract signing. We cannot rush resale certificates as we are a volunteer board. The process will take a minimum of 2 weeks once the check is received.

 

Two steps need to be followed to get a resale certificate processed.

 

1. There is a $150 check that is paid to Cove Point Club, Inc. for the resale certificate from the seller:

               

              Check Payable To:

 

Mail To:

 

 

• • Full Name
  • Mailing Address (including city, state, and zip)
  • Contact phone number
  • Email address

 

Once both items are completed, and we receive notification that the check cleared from MG Systemics, our Treasurer will create the resale certificate and mail/email the required documents to the buyer.

 

Please sign the resale certificate and email a signed copy to covepointclub@gmail.com for our records that you have received, read, and understand all included community documents.

 

 

Capital Improvement Fee

The buyer has a one-time $500 payment due at closing to Cove Point for a Capital Improvement Fee

 

HOA Fees

 

Insurance Requirements for Villas (townhomes)

All villa (townhome) and home buyers in Cove Point are required to have homeowners insurance (H3 policy) to cover the replacement of the dwelling. “Condo” insurance is not adequate to meet this requirement. A copy of the declarations page must be provided to the email covepointclub@gmail.com immediately after closing.

 

 

Improper terms for Cove Point Real Estate Listings

Please do NOT list properties with the following terms:

1. All of our Villas are townhomes not condos - do NOT use “condominium or condo” refer to them as townhomes or villas. No property in Cove Point Club meets the definition of a condominium. 
2. Do NOT use the term “Deeded Dock Slip” - Our deeds only require membership in the CPC association not a dock. The association provides a dock slip based on the membership documents and Brookfield's Rules and Regulations for shoreline use. No deed in CPC guarantees a dock slip. 
3. Our townhomes (villas) pay a quarterly maintenance fee to support landscaping, septic, new roof shingles every 20-25 years , and exterior painting every 7 years. All other maintenance is on the unit owner including decks, gutters, and exterior trim. Please do NOT use “Maintenance Free” in any listing

 

Communication with the CPC Board prior to sale

The listing realtor can contact the CPC Board or President / Treasurer at covepointclub@gmail.com or by the phone numbers listed on the CPC website.

 

**Cove Point Club requests that all communication come from the listing realtor as they represent the member.