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REV. 8/05 REAL ESTATE TRANSACTION VERIFICATION FORM RSA 331-A:10, II (g) requires all broker applicants to submit evidence acceptable to the Commission of at least 6 separate real estate transactions
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How to fill out real estate transaction verification

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How to fill out real estate transaction verification:

01
Gather all necessary documents: Start by collecting all relevant documents related to the real estate transaction, including the sales agreement, deed, title insurance, and any other related paperwork.
02
Review the transaction details: Carefully go through the transaction details to ensure accuracy. Make sure all parties involved, such as buyers, sellers, agents, and attorneys, are properly identified.
03
Verify financial information: Check the financial aspects of the transaction, including the purchase price, down payment, financing details, and any additional costs or fees associated with the transaction.
04
Confirm property details: Double-check that the property's address, legal description, and any other pertinent information are correctly stated in the verification form.
05
Include necessary signatures and dates: Ensure that all required signatures, including those of both the buyer and seller, are present on the document. Be sure to include the correct dates when the transaction took place or is scheduled to take place.

Who needs real estate transaction verification?

01
Buyers and sellers: Both buyers and sellers require real estate transaction verification to ensure that all the details of the transaction, including financial obligations and property rights, are accurately documented.
02
Lenders and financial institutions: Lenders and financial institutions typically request real estate transaction verification to assess the risk associated with providing financing for the transaction. It helps them verify the property's value and the terms of the transaction.
03
Legal and real estate professionals: Attorneys, real estate agents, brokers, title companies, and other professionals involved in the transaction require real estate transaction verification to maintain proper documentation, protect their clients' interests, and comply with legal and regulatory requirements.
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Real estate transaction verification is a process to verify and authenticate the details of a real estate transaction, such as the buyer, seller, property details, and financial transactions involved.
The parties involved in the real estate transaction, including the buyer, seller, and sometimes the real estate agent or broker, are required to file the real estate transaction verification.
To fill out real estate transaction verification, the parties involved need to provide accurate and complete information about the transaction, such as the property address, purchase price, buyer and seller details, financing information, and any other relevant information requested by the governing authorities.
The purpose of real estate transaction verification is to ensure transparency and compliance with legal and regulatory requirements in the real estate industry. It helps to prevent fraud, money laundering, and other illegal activities by verifying the authenticity of real estate transactions.
The information that must be reported on real estate transaction verification includes the property address, purchase price, buyer and seller details, financing information, and any other relevant information requested by the governing authorities, such as the source of funds for the transaction.
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