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In Chicago, the Full Payment Certificate (FPC) is a critical part of every property transaction. Required by city ordinance since 2012, the FPC verifies that all water and sewer charges have been paid before a deed can be recorded. Whether you’re a real estate attorney, title company, investor,...Since January 1, 2012, every real estate transfer in Chicago—regardless of exemption status—must include a Full Payment Certificate (FPC), also known as a city water and sewer certificate. This requirement ensures all utility charges are paid, safeguarding both buyer and seller from liability and...Closing a real estate deal in Chicago? Don’t overlook the Full Payment Certificate (FPC). This critical document verifies that all water and sewer charges are paid in full and is required for any property transfer in the city. Whether you're a real estate investor, attorney, or title company,...More Posts
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