Real Estate Transfer & Refinance Form

REAL ESTATE TRANSFER & REFINANCE FORM

Parties

Transferor Name:

Transferee Name:

Property Identification

Property Address:

Transfer Terms

Effective Date:

Transfer Type: Sale Gift Exchange

Refinance Terms

Refinance Lender:

Payoff of Existing Encumbrances at Closing: Yes No

Inspections, Disclosures and Repairs

Inspection Period (number of days):

Lead-Based Paint Disclosure: Yes No

Mold or Water Intrusion Known: Yes No

Prior Material Damage or Repairs: Yes No

Title, Closing and Prorations

Title Commitment Date:

Closing Date:

Representations, Covenants and Conditions

Transferor represents and warrants that Transferor is the lawful owner of the Property, has full authority to transfer the Property free of transfers not previously disclosed in writing to Transferee, and that there are no undisclosed leases, tenancies, or material defects known to Transferor other than as expressly set forth in this form. Transferor shall deliver a covenant deed or other instrument of transfer acceptable to the Title Company at closing.

Transferee and Lender (if applicable) shall have the right to obtain a title commitment, survey, and inspections within the inspection period. Performance of obligations hereunder is conditioned upon issuance of an owner’s and lender’s title insurance commitment insuring the transfer and refinance subject only to permitted exceptions acceptable to Transferee and Lender.

Default and Remedies

In the event of default by either party, the non-defaulting party shall provide written notice specifying the breach and shall have thirty (30) days to cure, if the breach is curable. If not timely cured, the non-defaulting party shall be entitled to pursue all remedies at law or in equity, including specific performance where appropriate, and recovery of costs and reasonable attorneys’ fees incurred in enforcing this agreement.

Notices

Miscellaneous

Governing Law: This agreement shall be governed by and construed in accordance with the laws of the jurisdiction in which the Property is located. Venue for any dispute shall lie in the courts of that jurisdiction.

Entire Agreement: This form, together with recorded documents and escrow instructions arising from it, contains the entire agreement of the parties with respect to the transfer and refinance and supersedes all prior agreements, representations, and understandings, whether written or oral.

Certification

Each party certifies under penalty of perjury that the information provided in this form is true and correct to the best of their knowledge, that they are authorized to execute this instrument, and that execution of this form shall bind the parties as of the Effective Date identified above, subject to the conditions contained herein.

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