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31 Cards in this Set
- Front
- Back
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Who is responsible for HOA and private & public utility transfer fees? |
Buyer. 3.4 |
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A buyer can cancel their accepted offer if convicted sex offenders live in the promiximity of the property. True or false? |
true. 8.1a |
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Section 1 |
Property info |
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section 1.1 |
Included items (normal stuff, not including removable appliances). DOES INCLUDE OVENS & RANGES. |
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section 1.2 |
Other included items. Washers, dryers, fridges, water softeners, microwaves, and "other." DOES NOT INCLUDE RANGES. |
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Section 1.3 |
Excluded items |
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1.4 |
Water service |
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Section 2 |
purchase price. |
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3 |
Settlement and closing. |
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3.1 |
Settlement |
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3.2 |
Prorations |
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3.3 |
special assessments. |
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3.4 |
Fess/costs/payment obligations of transactions |
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3.5 |
closing definition. |
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Section 4
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Possession (timeline and condition)
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Section 5 |
Confirmation of agency disclosure. |
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Section 6 |
Title & Title insurance. |
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6.1 |
Title to property |
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6.2 |
Title insurance |
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Section 7 |
Seller disclosures. |
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Section 8 |
Buyer's conditions of purchase. The big contingencies. The big 3 are: inspections/sex offenders, appraisal, financing. |
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8.1 |
Due diligence condition ( yes or no to due diligence clause) |
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8.1 a |
Due diligence items (property conditions, sex offenders, buyer pays for inspections)
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8.1 b |
Buyer's right to cancel or resolve objections (to due diligence findings) |
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8.1 c |
Failure to cancel or resolve objections (to due diligence) |
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8.2 |
Appraisal condition (yes or no to clause) |
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8.2 a |
Buyer's right to cancel in case of low appraisal |
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8.2 b |
failure to cancel due to low appraisal |
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8.3 |
Financing condition |
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8.4 |
Additional earnest money deposit |
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9 |
Addenda (is there an addendum attached?) |
