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This document provides instructions concerning the real estate transaction involving a purchase and sale agreement between the buyer and seller. It details the commissions for both brokers, obligations of closing attorneys, and the handling of referral fees and rebates. The agreement outlines the rights of the brokers and stipulations related to the closing process.
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How to fill out f255 instructions to closing

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How to fill out instructions to closing attorney

01
Gather all required documentation including purchase agreement, property disclosures, and financial statements.
02
Clearly outline the transaction details such as buyer and seller information, property address, and closing date.
03
Specify any financing details, including mortgage lender information and loan amount.
04
List any contingencies that need to be addressed before closing.
05
Provide a detailed breakdown of closing costs to be covered by each party.
06
Include information on inspections, repairs, or other obligations that need to be fulfilled.
07
Confirm any special instructions or requests, such as possession dates or delivery of keys.
08
Ensure all parties involved are aware of and agree to the provided instructions.

Who needs instructions to closing attorney?

01
Real estate agents
02
Home buyers
03
Home sellers
04
Lenders
05
Title companies
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Instructions to closing attorney are detailed guidelines provided to the closing attorney that outline the necessary steps and requirements for completing a real estate transaction.
Typically, the real estate agent or the party responsible for the transaction, such as the buyer or seller, is required to file instructions to the closing attorney.
To fill out instructions to closing attorney, you should include relevant transaction details such as the parties involved, property address, financial arrangements, and any specific requests or contingencies related to the closing.
The purpose of instructions to the closing attorney is to provide clear and concise information to ensure that all aspects of the closing process are handled correctly and in accordance with the parties' agreements.
The information that must be reported includes transaction details, the identities of the parties involved, instructions regarding deposits, financing details, and any contingency clauses or special instructions.
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