Common Contracts
1 similar Possession Agreement contracts
Post Possession Agreement ProvisionsPossession Agreement • March 14th, 2016
This form is provided as a courtesy to the parties only. It is not required to be used in this transaction and may not fit the needs, goal, and purposes of the parties. Broker(s) makes no statement or warranty as to the legal validity of this form, its contents or use, and the parties, by their use of this form, acknowledge and agree that Broker(s) shall not be liable to any party or person for its contents or use. Post Possession agreements are not recommended and the parties are aware there are many risks associated with allowing the Seller to possess the Premises following close of escrow. The parties are advised to: (i) seek appropriate counsel from insurance, legal, tax and accounting professionals before entering into an agreement that provides Seller with possession following close of escrow; and (ii) consider the use of a lease agreement rather than a post possession addendum.
