Illinois Real Estate Law for Paralegals: Transactions and Landlord-Tenant Law by Thomas Wendt

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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