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RESIDENTIAL SALES DISBURSEMENT FORM Rev.: 2/29/2012 Property Address: Property Type: Closing Date: New Construction: Yes No Price: $
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How to fill out residential sales disbursement form
How to fill out residential sales disbursement form:
01
Start by entering the necessary information such as the property address, seller's name, and contact details.
02
Indicate the date of the sales agreement and specify the type of property being sold (e.g., single-family home, condominium).
03
Provide details about the buyer, including their name, contact information, and any additional parties involved in the transaction.
04
Outline the terms of the sales agreement, including the purchase price, any financing arrangements, and any contingencies or conditions that need to be met.
05
Specify the closing date and location where the funds will be disbursed.
06
Indicate any adjustments to the purchase price, such as prorated property taxes or homeowner association fees.
07
Include information about any commissions or fees owed to real estate agents or brokers involved in the transaction.
08
Provide details about any outstanding liens, mortgages, or encumbrances on the property.
09
Include any additional terms or conditions that are relevant to the sale, such as a home warranty or seller concessions.
10
Review the completed form for accuracy and make sure all required fields are filled out correctly.
Who needs residential sales disbursement form?
01
Home sellers who are finalizing the sale of their property.
02
Real estate agents or brokers involved in the transaction.
03
Buyers who want a detailed breakdown of the disbursement of funds in the sales agreement.
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