CLOSING STATEMENT

CLOSING DATE______________

Seller(s):_________________________________

Purchaser: XXXX 

Subject Property Address: XXXX. #_____ XXXX

Sale Price: $21,000PURCHASER ($____________)SELLER ($___________)
Insurance Proration:                    Insurance Policy from                         Percentage owned:                    Yearly Premium: Days:WAIVEDWAIVED
City Property Taxes: City Taxes from Percentage owned: Yearly Taxes: Days:WAIVEDWAIVED
County Property Taxes: County Taxes from Percentage owned: Yearly taxes Days:WAIVEDWAIVED
School taxes School Taxes from Percentage owned: Yearly Taxes: Days:WAIVEDWAIVED
College Taxes: College Taxes from Percentage owned: Yearly Taxes: Days:WAIVEDWAIVED
Working Capital:WAIVEDWAIVED
LATE CLOSING FEE  
______Monthly Dues:                     2021                $250  
PRORATED M.O.P. FOR                     2021                 $80.70  
Deposit held by: SELLER$­­______________$____________
COMMISSION    
COMMISSION    
COMPLIANCE FEES                                                        $295.00  
Transfer Fee: SELLER($325.00)             
Filing Fee:($35.00) 
Amount Due from Purchaser:($360.00)       
Amount Due to Seller:    ($1200)

The Closing Statement above is accepted as-rendered by all parties signing below.

By signing below, Purchaser(s) and Seller(s) agree to correct any and all typographical or mathematical errors or emissions on this and all Closing Statements.

Sale Price: $21,000BROKER ($____________)SELLER ($___________)
Insurance Proration:                    Insurance Policy from                         Percentage owned:                    Yearly Premium: Days:WAIVEDWAIVED
City Property Taxes: City Taxes from Percentage owned: Yearly Taxes: Days:WAIVEDWAIVED
County Property Taxes: County Taxes from Percentage owned: Yearly taxes Days:WAIVEDWAIVED
School taxes School Taxes from Percentage owned: Yearly Taxes: Days:WAIVEDWAIVED
College Taxes: College Taxes from Percentage owned: Yearly Taxes: Days:WAIVEDWAIVED
Working Capital:WAIVEDWAIVED
LATE CLOSING FEE  
______Monthly Dues:                     2021                $250  
PRORATED M.O.P. FOR                     2021                 $80.70  
Deposit held by: SELLER$­­______________$____________
COMMISSION    
COMMISSION    
COMPLIANCE FEES                                                        $295.00  
Transfer Fee: SELLER($325.00)             
Filing Fee:($35.00) 
Amount Due from Purchaser:($360.00)       
Amount Due to Seller:    ($1200)

The Closing Statement above is accepted as-rendered by all parties signing below.

By signing below, Purchaser(s) and Seller(s) agree to correct any and all typographical or mathematical errors or emissions on this and all Closing Statements.

BROKER:                                                                                              SELLER (S) ___________________________

____________________________                                           PURCHASER ________________________

LISTING AGENT: *

SOLD BY OWNER                                                                              PURCHASER_________________________

RECEIPT FOR DOCUMENTS

On this date of closing for the purchase of XXX#_____ CCCC which is part of XXXX operative, I received the following ownership papers:

  1. A copy of the Membership Certificate and Assignment of Membership Certificate (new original Membership Certificate shall be issued by Babcock Management Company #15
  2. Occupancy Agreement dated ___________.
  3. By-Laws for the Co-operative.

Dated:

PURCHASER:

_______________________

ASSIGNMENT OF OCCUPANCY AGREEMENT

XXXX

I/we hereby assign all of the right, title and interest of the undersigned, Assignor (s) in and to that certain Occupancy Agreement attached hereto and dated _____________covering Apt. # 3 located in the XXXX together with all advantages derived therefrom, and said Assignee(s) does/do herewith agree to abide by and perform and carry out all of the obligations of the undersigned as set forth in said Occupancy Agreement.

Dated:

WITNESS:

ASSIGNOR(S):

Broker

ASSIGNEE(S):

RELEASE FROM REAL ESTATE TRANSACTION:

The Purchaser(s), Peterson Alisha M who is purchasing a co-operative apartment membership for a unit located at XXXX Co-operative; the Seller(s), __________________and the real estate company(s), SOLD BY OWNER coordinating transaction of same hereby holds  _______________Broker ___________________,and ___________________employees harmless from any future litigation regarding this transaction and agree that _________________and Broker’s position in this transaction was one of document preparation and closing of said transaction and that _____________and Broker did not act in any other capacity.

Dated:

BROKER:                                                                                                              PURCHASER(S):

SELLER

__________________________

ASSIGNMENT OF MEMBERSRIP CERTIFICATE

For value received we/1 hereby sell, assign and transfer _________________________________AS JOINT TENANTS WITH FULL RIGHTS OF SURVNORSHIP AND NOT AS TENANTS IN COMMON all our/my right, title and interest in the within Membership Certificate No. XXXX a XXXX nonprofit corporation, and do hereby irrevocably constitute and appoint XXXX as agent for us/me to eliminate my/our name(s) from the said Membership on the books of the within named Corporation, with full power of substitution in the premises.

Apartment No. 3

Dated:

WITNESS:                                                                                                                            ASSIGNOR(S):

RECEIPTS AND DISBURSEMENTS LEDGER

Property Address: XXXX

Located In: XXXX

Purchaser: XXXX

          Seller:

 Checks InChecks Out
Purchaser$360.00      
Personal Note  
EMD OVERAGE  
Seller $______________
Purchasers Monthly DEPOSIT$_____________ 
LATE CLOSING FEE  
_______Commission & Fees  
Purchasers Filing Fee $35.00
Purchaser Transfer Fee $325.00
Sellers Lost Documents  
Totals:$ 360.00              $ 360.00

ASSIGNMENT OF OCCUPANCY AGREEMENT

On ­_________________XXX at __________________________Michigan, for and in consideration of the sum of $ 21,000 and other good and valuable consideration in hand paid to the undersigned by XXX MAS JOINT TENANTS WITH FULL RIGHTS OF SURVNORSHIP AND NOT AS TENANTS IN COMMON. Assignee(s), whose address is __________________________.

I/we hereby assign all of the right, title and interest of the undersigned, Assignor (s) in and to that certain Occupancy Agreement attached hereto and dated _____________covering Apt. # 3 located in the XXX together with all advantages derived therefrom, and said Assignee(s) does/do herewith agree to abide by and perform and carry out all of the obligations of the undersigned as set forth in said Occupancy Agreement.

Dated:

WITNESS:

ASSIGNOR(S):

Broker

ASSIGNEE(S):

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