Illinois Real Estate Law for Paralegals: Transactions and Landlord-Tenant Law by Thomas Wendt
Author:Thomas Wendt [Wendt, Thomas]
Language: eng
Format: azw3
ISBN: 9781531001698
Publisher: Carolina Academic Press
Published: 2017-06-01T04:00:00+00:00
Other Closing Documents
There are many other Closing documents that form part of a real estate Closing. There are payoffs of the Seller's loan(s), commission statements from the real estate broker, survey and other bills, tax reproration agreements (where appropriate), FIRPTA (Foreign Investment in Real Property Act) documents, and various escrow agreements.
Key Terms
Deed
Grantor
Grantee
General Warranty Deed
Quit Claim Deed
Special Warranty Deed
Trustee Deed
Covenant of Title
Covenant of Seisin
Covenant of Right to Convey
Covenant Against Encumbrances
Covenant of Warranty
Covenant of Further Assurances
Covenant of Quiet Enjoyment
Homestead Rights
Closing Document
Bill of Sale
Affidavit of Title
ALTA Statement
1099-S Form
Profit
Transfer Stamps
Tax Reproration Agreements
FIRPTA
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