Which of the following is necessary for the sale of properties without any alteration?

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In a real estate transaction, having current municipal tax bills is essential as it provides critical information about the property’s tax obligations and confirms that the seller is up-to-date on their payments. This documentation helps potential buyers understand the ongoing costs associated with owning the property. Buyers often seek to confirm that there are no outstanding tax liabilities that could affect ownership or lead to future financial burdens. Therefore, ensuring that the current municipal tax bills are provided aids in establishing transparency and trust in the transaction.

While a real estate appraisal, verification of market value, and insurance documentation are important in the context of property transactions, they are not strictly necessary for the sale of properties without alteration. Appraisals and market value verification can provide insights into the property’s worth, and insurance documentation is critical for protecting the property post-sale; however, the presence of current municipal tax bills is a direct requirement that addresses the property’s fiscal status at the time of the sale.

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