Real Estate Closing Guide

Real Estate Closing Guide

Parties and Contact Information

Property Identification

Financial Terms & Key Dates

Purchase Price:

Earnest Money Deposit (amount and payee):

Closing Date (target):

Possession Date:

Financing Contingency Deadline:

Inspection Period (days):

Estimated Closing Costs and Allocation

Adjustments, Prorations, and Payoffs

Property Tax Proration to be calculated through:

Outstanding Assessments / HOA Payoff (if any):

Closing Checklist (Required Items)

Buyer and Seller government-issued photo ID verified

Certified funds / wire instructions verified with escrow

Title search and required curatives completed

Homeowners Association documents and estoppel obtained (if applicable)

Final walkthrough completed by Buyer

Arrangements for delivery of keys and garage openers

Required Disclosures

Lead-Based Paint Disclosure: Yes No

Mold / Hazardous Conditions Known: Yes No

Prior Structural or Water Damage: Yes No

Default, Remedies, and Liability

The parties acknowledge that failure to comply with this Guide or with closing obligations identified herein may constitute a breach of the underlying purchase agreement. Remedies shall be as provided in the purchase agreement, and the non-breaching party may pursue specific performance, damages, or other remedies permitted by law. Each party agrees to mitigate damages and to cooperate in good faith to cure any title, payoff or documentation deficiencies prior to closing.

Governing Law and Integration

This Closing Guide is intended to supplement the terms of the underlying purchase agreement and to record closing arrangements. To the extent of any conflict, the purchase agreement controls. This Guide shall be governed by and construed in accordance with the laws of the state in which the Property is located. This document, together with any attachments executed by the parties, constitutes the entire statement of closing instructions agreed by the parties for the matters described herein.

Acknowledgment and Authorization

The undersigned certify that the information provided in this Real Estate Closing Guide is true and correct to the best of their knowledge and authorize escrow, title, lenders, and closing agents to rely on the data and to obtain necessary payoffs and figures in order to effectuate closing. Each party affirms authority to sign on behalf of the named party.

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