Seller Considerations in Real Estate Sales
There are many issues that can arise during a real estate sale. Sellers can make their counsel aware of these at the beginning of the sale in order to avoid undue delays. Here is a list of issues to communicate about with your attorney.
1. Your primary residence? YES NO
a. If no, please provide your current residential address:
2. Heating: GAS OIL ELECTRIC
a. Please provide the name and phone number of your heating supplier:
b. Name:
c. Phone:
d. NOTE: You will be reimbursed by the buyer at the closing for the cost of any remaining fuel.
3. Water: WELL PUBLIC
a. Please provide the name and phone number of your water supplier:
b. Name:
c. Phone:
4. Septic? YES NO
a. If no, sewer provided by: MUNICIPALITY
b. OTHER: Name:
c. Phone:
5. Propane gas tank? YES NO
a. If yes, RENT OWN
b. Provider: Name:
c. Phone:
d. Use: COOKING HEATING HOT WATER FIREPLACE
e. Other:
6. Mortgages? YES NO If yes:
a. FIRST MORTGAGE:
i. Lender name:
ii. Address:
iii. Telephone:
iv. Account number:
b. SECOND MORTGAGE and/or Line of Credit:
i. Lender name:
ii. Address:
iii. Telephone:
iv. Account number:
c. NOTE: My office will be contacting each mortgage holder to obtain a payoff letter to obtain the balance/s as of the closing date and shall include per diem interest until the payoff or wire is received. To ensure accuracy in this regard, please provide my office with any payments you make after the date of this Questionnaire.
7. Other liens or encumbrances? YES NO
a. If yes, please provide details:
8. Construction work in the last 90 days? YES NO
a. Any planned after the date of this Questionnaire? YES NO
b. If yes to either, please provide details:
9. Selling through a real estate agent? YES NO
a. If yes: Name of agency:
b. Name of agent:
c. Agent’s telephone number:
10. Condo or planned community unit or any other association dues requirements? YES NO
a. If yes, Name of development:
b. Name of management company:
c. Management company phone:
11. Any occupying tenants? YES NO
a. If yes, Security deposit amount:
b. Lease? YES NO
12. Any use restriction violations? YES NO
a. If yes, please explain:
13. Do any of your buildings encroach on an easement or right of way? YES NO
a. If yes, please explain:
14. Do any of your buildings encroach on any adjoining property? YES NO
a. If yes, please explain:
15. Has anyone claimed an interest in this property? YES NO
a. If yes, please explain:
16. Is there a boundary line dispute? YES NO
a. If yes, please explain:
17. Do any neighbor’s buildings encroach on this property? YES NO
a. If yes, please explain:
18. Any reason to believe this property is not in conformance with all land use laws and zoning regulations? YES NO
a. If yes, please explain:
19. Any natural bodies of water, wetlands or watercourses on this property? YES NO
a. If yes, please explain:
20. Any shared facilities used by other property owners, i.e. driveway, private road, well, septic, party wall, etc.)? YES NO
a. If yes, please explain:
21. Any solar panels? YES NO
a. If yes, LEASE OWN
b. If lease, name of company?
c. Company telephone number?
d. Company contact person’s name:
22. Any Smart Home features? YES NO
a. Will you be LEAVING or TAKING them with you? (Please circle one)
23. Your forwarding address: