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RE Contracts Ch 10 Possession and Temporary Lease Forms

RE Contracts Ch 10 Possession and Temporary Lease Forms

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this is a tutorial on the residential lease after sale form rlas this form is used when the seller is going to remain in possession after the close of escrow for at least 30 days or more now if the seller's going to remain in possession for less than 30 days you'll use a different form that form is called the seller and possession or sip and that's just a shorter version of this this is a little bit more comprehensive because the seller's remaining in possession as a tenant for 30 or more days so this form is a little bit longer but we'll go through it and we'll make it real easy all right we start up here with the date that we're drafting the form and then we have the names of the parties you'll notice that you have buyer which is going to become the landlord at closing seller which becomes the tenant at closing because this the seller's staying in possession as a tenant and you'll put the close of escrow

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