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Real Estate Closing Checklist |
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Diary attorney approval date and closing date Order title commitment Survey Deed Bill of sale Affidavit of title Schedule of leases Assignment of leases Assignment of contracts Estoppel letters Utility letters Payoff letter for mortgage Condo letter - right of first refusal Certificate of insurance Closing statement Power of attorney Grantor/grantee affidavit City transfer tax declaration County transfer tax declaration State transfer tax declaration Water certificate (not needed for condo) Zoning certificate Affidavit of heirship Death certificate Commission statement Personal information affidavit Joint tenancy affidavit ALTA statement Seller's Social Security number and FEINs Photo I.D. Keys Termite inspection General inspection Mortgage contingency |
Lead paint disclosure RIPTA disclosure Environmental phase I Soil test Structural tests Utility readings and name changes Move-in letters and elevator reservation Move-out arrangements and payments Tax bill Seller identification Letter of direction to land trustee Trustee's deed Trustee's ALTA Trustee's pay proceeds letter Mortgage Note Mortgage disclosures How will buyer take title Buyer's and seller's marital status Tenant leases Tenant estoppel letters Financial statements of seller Tax returns of seller Buyer's insurance and certificate Condo association insurance and certificate Condo association minutes and financial statements and statements of contemplated work and assessments Financing statement search Tax lien and judgment search of seller Corporate records of seller Waiver of homestead rights Determine costs including broker commissions Check closing time and date with clients, lawyers, lender, brokers and title company and make appointment and confirm with lawyers, lender, brokers and clients Get releases for all mortgages, liens and other matters of record. Builder's warranty for new construction
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|| See My Securities Arbitration Web Site || || See My Probate Web Site || || See My Wills, Trusts, and Estate Planning Web Site || Donald Thompson * Chicago Real Estate
Closing Law - 55 W. Monroe #3950;
Chicago, IL 60603 |
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