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(HREA10/2021)Heartland Real Estate AssociationCOMING SOON STATUS ADDENDUM Seller(s), by this Addendum dated the ___ day of ___, 2021, hereby acknowledge the following conditions and limitations of

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How to fill out pre-possession agreement provisions

01

Read the pre-possession agreement carefully to understand all the provisions.

02

Fill in your personal information accurately where required.

03

Specify the date when possession will be granted to the buyer.

04

Include details about any security deposits or fees that need to be paid.

05

Outline any responsibilities or obligations of both parties during the pre-possession period.

06

Make sure both parties sign and date the agreement to make it legally binding.

Who needs pre-possession agreement provisions?

01

Homeowners who are selling their property but need to occupy it for a short period after the sale.

02

Buyers who want to move into a property before the official closing date.

03

Real estate agents who want to ensure a smooth transition between buyers and sellers.

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What is pre-possession agreement provisions?

Pre-possession agreement provisions are clauses or terms in a contract that outline the conditions under which a party can occupy a property before the official possession date.

Who is required to file pre-possession agreement provisions?

The party or parties involved in the real estate transaction, such as the buyer and seller, are required to file pre-possession agreement provisions.

How to fill out pre-possession agreement provisions?

Pre-possession agreement provisions can be filled out by clearly outlining the terms and conditions of occupancy, including start date, end date, rental fees, and any other relevant details.

What is the purpose of pre-possession agreement provisions?

The purpose of pre-possession agreement provisions is to provide clarity and protection for both parties involved in the real estate transaction by setting out the terms of occupancy before official possession.

What information must be reported on pre-possession agreement provisions?

Information that must be reported on pre-possession agreement provisions includes occupancy start and end dates, rental fees, security deposit requirements, and any other relevant terms and conditions.

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