REAL ESTATE CLOSINGSReal Estate Closings • May 18th, 2021 • Ohio
A Pre-Closing Documents / Tasks Resp. Status Signatory Notes 1. Purchase and Sale Agreement N/A Executed Buyer/Seller 2. Mortgage Loan Payoff Letter/Discharge Seller Received Title Company to confirm acceptable 3. Seller Resolutions, Governing Documents Seller Executed Seller 4. Transfer of utilities (DTE/City Water) Seller @closing N/A B Closing Documents Resp. Status Signatory Notes 1. Covenant Deed Buyer Drafted Seller Under review by Buyer 2. Bill of Sale Buyer Drafted Seller 3. Assignment and Assumption of Leases Buyer Final Buyer/Seller 4. RETTVA Seller Final Seller 5. Owner’s Affidavit Seller Drafted Seller Under review by Seller 6. Property Transfer Affidavit Buyer TBD Buyer 7. FIRPTA Certificate Seller Final Seller 1. Form 1099-S Seller Final Seller 2. Water Escrow Agreement TC Drafted Buyer/Seller 3. Settlement Statement TC Drafted Buyer/Seller
