CLOSING STATEMENT
CLOSING DATE______________
Seller(s):_________________________________
Purchaser: XXXX
Subject Property Address: XXXX. #_____ XXXX
Sale Price: $21,000 | PURCHASER ($____________) | SELLER ($___________) |
Insurance Proration: Insurance Policy from Percentage owned: Yearly Premium: Days: | WAIVED | WAIVED |
City Property Taxes: City Taxes from Percentage owned: Yearly Taxes: Days: | WAIVED | WAIVED |
County Property Taxes: County Taxes from Percentage owned: Yearly taxes Days: | WAIVED | WAIVED |
School taxes School Taxes from Percentage owned: Yearly Taxes: Days: | WAIVED | WAIVED |
College Taxes: College Taxes from Percentage owned: Yearly Taxes: Days: | WAIVED | WAIVED |
Working Capital: | WAIVED | WAIVED |
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: $21,000 | BROKER ($____________) | SELLER ($___________) |
Insurance Proration: Insurance Policy from Percentage owned: Yearly Premium: Days: | WAIVED | WAIVED |
City Property Taxes: City Taxes from Percentage owned: Yearly Taxes: Days: | WAIVED | WAIVED |
County Property Taxes: County Taxes from Percentage owned: Yearly taxes Days: | WAIVED | WAIVED |
School taxes School Taxes from Percentage owned: Yearly Taxes: Days: | WAIVED | WAIVED |
College Taxes: College Taxes from Percentage owned: Yearly Taxes: Days: | WAIVED | WAIVED |
Working Capital: | WAIVED | WAIVED |
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:
- A copy of the Membership Certificate and Assignment of Membership Certificate (new original Membership Certificate shall be issued by Babcock Management Company #15
- Occupancy Agreement dated ___________.
- 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 In | Checks 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.
WITNESS:
ASSIGNOR(S):
Broker
ASSIGNEE(S):
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