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Get the free SELLER'S CLOSING INFORMATION SHEET

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The Wood Law Firm. P.A. 2700 Colts gate Road, Suite 203 Charlotte, North Carolina 28211Telephone: (704) 3651046Fax: (704) 3651047REQUEST FOR BUYER **Please complete this form in its entirety** Address
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How to fill out sellers closing information sheet

01
Start by gathering all the necessary information about the property being sold, such as the address, legal description, and tax information.
02
Fill out the section for the seller's contact information, including their name, phone number, and email address.
03
Provide details about the buyer, including their name, address, and contact information.
04
Fill in the closing date and time for the transaction.
05
Include any necessary information about the transaction, such as the purchase price, repairs or contingencies, and any special instructions.
06
Complete the section for any outstanding mortgage or liens on the property, including the name of the lender, loan amount, and account number.
07
Provide details about any unpaid property taxes or assessments that will need to be resolved at closing.
08
Fill in the section for the prorations and adjustments, such as prorated taxes, rent, or HOA fees.
09
Sign and date the form, and make sure all necessary parties also sign and date if required.
10
Keep a copy of the completed sellers closing information sheet for your records.

Who needs sellers closing information sheet?

01
The sellers closing information sheet is needed by individuals or entities involved in a real estate transaction where the property is being sold.
02
This includes the seller, buyer, real estate agents, attorneys, and the closing agent or title company responsible for handling the closing process.
03
Having a completed sellers closing information sheet ensures that all the necessary details and instructions related to the closing are properly documented.
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The sellers closing information sheet is a document that provides detailed information regarding the sale of property, typically used to report the seller's transaction details to tax authorities.
Sellers of real estate property in certain jurisdictions are required to file the sellers closing information sheet, particularly if the sale involves a sizable gain that must be reported for tax purposes.
To fill out the sellers closing information sheet, sellers should provide accurate details of the transaction including sale price, date of sale, property address, and any applicable deductions or fees involved in the sale.
The purpose of the sellers closing information sheet is to ensure transparency in the real estate transaction and to facilitate the accurate reporting of income for tax purposes.
Information that must be reported includes the seller's identity, property details, sale price, related closing costs, and any gains or losses associated with the sale.
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