SUMMARY
Volume 1 of this 2015 award-winning series includes chapters covering preliminary considerations through acquisitions and dispositions. PDF Download with 4 MS Word forms - After purchase go to My Content to retrieve your digital file(s).
DESCRIPTION
Chapter 15
ESCROWS AND CLOSING
Don G. Carter
Jonathan M. Radmacher
§ 15.1 INTRODUCTION
§ 15.2 ESTABLISHING THE ESCROW
§ 15.2-1 Who May Serve
§ 15.2-2 When the Escrow Should Be Established
§ 15.2-3 Cost
§ 15.3 CONDITIONS PRECEDENT TO CLOSING
§ 15.3-1 Due Diligence Issues
§ 15.3-2 Closing Checklist
§ 15.4 ESCROW INSTRUCTIONS
§ 15.4-1 Duties of the Escrow Agent
§ 15.4-2 Forms of Escrow Instructions
§ 15.5 CLOSING
§ 15.5-1 Working with the Escrow Officer
§ 15.5-2 Authority of Parties
§ 15.5-3 Affidavits and Indemnities
§ 15.5-4 Foreign Investment in Real Property Tax Act of 1980 (FIRPTA)
§ 15.5-5 Prorations and Adjustments; Allocation of Costs
§ 15.5-6 Closing-Protection Letters
§ 15.5-7 Funds Transfers
§ 15.5-8 The Closing
§ 15.6 POSTCLOSING MATTERS
§ 15.6-1 Tax Reporting Requirements
§ 15.6-2 Delivery of Documents; Title Policy
§ 15.6-3 Holdback Agreements
§ 15.6-4 Closing or Transaction Books
Form 15-1 Closing Checklist
Form 15-2 Seller’s Escrow Instructions (Sale by Contract Seller)
Form 15-3 Lender’s Escrow Instructions
Form 15-4 Holdback Agreement