by roselllove1dev | May 11, 2017 | Resources
- Promissory Note
- Mortgage
- Security Agreement
- Guaranty Agreement
- Assignment of Rents and Leases
- Assignment of Architectural Plans
- Assignment of Engineering Plans
- Assignment of Service Agreement and Warranties
- UCC-1 Financing Statement
- Subordination, Non-Disburbance and Attornment Agreement
Need a good attorney to walk you through this process? Contact Rosell & Love today.
by roselllove1dev | May 11, 2017 | Resources
- Draft and negotiate Real Estate Purchase Agreement
- Order a Title Search and Commitment for Title Insurance with a Title Company
- Hire Professionals to Inspect the Property. For example, Appraisers, Surveyors, Environmental, Mechanical and/or Structural Engineers
- Review Commitment for Title Insurance for marketable title issues, such as liens, encumbrances and exceptions to coverage and negotiate their release or removal
- Review Survey for easements and encroachments
- Review Leases and Guaranty Agreements for unfavorable terms, ambiguities, deficiencies, signature inconsistencies, gather all exhibits to the agreements
- Review existing easements and/or negotiate new easements
- Obtain estoppel certificates and/or acknowledgement of attornment from all Tenants
- Schedule Closing
- Draft Deed and other required closing documents
- Review Closing Statement to ensure all costs are properly allocated
- Request Payoff Letter from Seller’s Lender
- Obtain Release of Mortgage Lien from Seller’s Lender
- Attend Closing
Need a good attorney to walk you through this process? Contact Rosell & Love today.
