This form is used by a seller’s counsel to instruct an escrow agent regarding closing the sale of a parcel of real estate.
Closing Instructions
[from Seller]
[Date]
[Name of escrow officer]
[Name and address of escrow agent]
Re: Sale of real property (“Property”) by
[name of seller] (“Seller”) to
[name of purchaser] (“Purchaser”)
Your GF Number:
[Salutation]
We represent the Seller in connection with the sale (the “Sale”) of the above-referenced Property. Set forth below are Seller’s instructions for closing this transaction.
1.Enclosed with this letter are the following documents, which have been executed by Seller, for your use in closing the Sale:
a.[General/Special] Warranty Deed (the “Deed”).
b.Settlement Statement (the “Settlement Statement”), executed on behalf of Seller.
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Include title(s) of other document(s) as applicable. |
2.Do not deliver the Deed to Purchaser, or otherwise advise Seller that this transaction has closed, until Purchaser has executed the enclosed Settlement Statement and you are in a position to disburse to Seller the amount reflected on the Settlement Statement as “Cash to Seller.”
3.Following the closing, return to Seller a fully executed copy of the Settlement Statement and copies of the other closing documents. When available, provide Seller a copy of the Deed that reflects the applicable recording information.
4.By delivering the Deed to Purchaser and disbursing the funds to Seller, you certify to Seller that you have complied with these instructions and the conditions set forth in this letter. If for any reason you cannot comply strictly with these instructions, then immediately return to Seller the Deed and the other items deposited by Seller in connection with this transaction. Comply before [date].
If you have any questions regarding any aspect of this transaction, please call us at your earliest opportunity.
Very truly yours,
Legal Counsel for Seller
By:
(Authorized signature)
Enc.
c: [name of seller]