You know the documents you need in Roseville to sell your land? We can help you to ensure that you have all you need before you sell your property. In our latest post, learn more about what you need!
It may seem easier to sell land than to sell a house, but there are some documents you should have before you sell. Being ready and in order helps the transaction to run smoothly without bumps on the road. Read on to learn more about the documents you need when you sell your Roseville land!
Purchase Agreement
This is what a prospective buyer signs when he makes an offer initially. It states that they will go through the purchase as long as the contract contains everything. This is not a binding contract. If the property or the title has problems, the potential buyer has the option of canceling the sale.
Disclosure Documents
Just like selling a house, it’s important to reveal everything you know about the property when selling land. You might just think it’s just a patch of dirt, but there are all sorts of things you can sell. There could be an underground oil tank. Or perhaps there is bad soil, making the property unconstructed. Endangered animals could live on the property.
Contract
This is the document that ends the terms between the buyer and the seller. Financial information, insurance information and more are included. It is important that this document is legally processed so that no one gets into trouble along the way. You should always work with a professional or hire a lawyer to assist you in this process.
Deed
The deed is what gives the seller and the buyer ownership. It is a written document, submitted to the county clerk and is public. The deed shall contain a basic description of the property, the names of the buyer and the seller and the signature of the person who sells the property. There are various types of acts, including warranty, grant and quit.