Real Estate Transfer Application

REAL ESTATE TRANSFER APPLICATION

Application Date:   Reference/Transaction ID:

1. Property Identification

2. Parties

Phone:   Email:

Phone:   Email:

3. Transfer Details

Type of Transfer (check all that apply):
Sale / Purchase   Gift   Inheritance / Probate   Foreclosure / Trustee Sale   Other   

Earnest Money / Deposit:   Closing Date:   Possession Date:

Proposed Instrument of Conveyance: General Warranty Deed   Grant Deed   Quitclaim Deed   Trustee's Deed

4. Encumbrances, Disclosures & Attachments

Known Conditions / Disclosures (mark Yes or No):
Lead-based paint present? Yes No
Known mold or water intrusion? Yes No
Structural defects or material damage? Yes No
Pending litigation affecting title or property? Yes No
Existing liens, assessments or recorded encumbrances? Yes No
Environmental contamination or known hazards? Yes No

Attachments submitted with this application (check all that apply):
Copy of Existing Deed   Government-issued ID   Preliminary Title Report   Escrow Instructions   Payoff Statements

5. Representations, Warranties & Certifications

Transferor represents and warrants that it is the lawful owner of the property described herein and has full authority to convey the property free of all liens and encumbrances except those expressly disclosed in this application. Transferor further certifies that all statements made in this application are true and complete to the best of Transferor's knowledge, and Transferor will deliver to escrow all documents necessary to consummate the transfer identified herein.

Transferee acknowledges receipt of the disclosures and attachments submitted with this application, acknowledges the opportunity to conduct inspection and title review, and accepts that consummation of the transfer is subject to clearance of title, receipt of required closing funds, and recordation of the appropriate deed instrument.

6. Closing, Prorations & Allocation of Costs

Closing costs, escrow fees, recording fees, and transfer taxes shall be allocated and paid as follows unless modified by separate written agreement:
Prorations effective date: . Closing costs to be paid by: Buyer Seller Split

7. Default, Remedies & Indemnity

If either party fails to perform its obligations under this application and any resulting purchase agreement, the non-defaulting party shall be entitled to pursue all remedies available at law or in equity, including specific performance, damages, and recovery of costs and reasonable attorneys' fees. Each party agrees to indemnify and hold harmless the other party from liabilities or losses arising from breaches of the party's representations or obligations contained in this application, except to the extent caused by the other party's gross negligence or willful misconduct.

8. Governing Law & Entire Agreement

This application shall be governed by and construed in accordance with the laws of the state in which the property is located. This application, together with any attachments or written addenda executed by the parties, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior negotiations, agreements and understandings.

9. Certification & Authorization

Transferor certifies under penalty of perjury that Transferor is authorized to submit this application and that the information provided is true and complete. Transferee certifies that funds provided for closing will be lawful and that Transferee has the authority and capacity to accept conveyance of the property identified herein.

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