Get Temporary Occupancy Agreement

Filling out the Temporary Occupancy Agreement online is a straightforward process designed to ensure clarity and fairness between the seller and buyer after the closing of a real estate transaction. This guide will walk you through each section of the agreement to help you complete it accurately and efficiently.

Follow the steps to complete your Temporary Occupancy Agreement

1. Click ‘Get Form’ button to obtain the form and open it in your preferred online editor.
2. Begin by filling in the property details, including the address lines, ensuring all information is accurate.
3. In the first section, specify the time until which the seller is permitted to occupy the property, filling in the hour and the designation (am/pm).
4. In the second section, indicate the compensation amount per day that the seller will pay the buyer for occupying the property, as well as the total number of days this compensation will cover.
5. Next, provide the amount from the seller's proceeds that will be held in escrow or paid upfront, and specify any conditions regarding the transfer of possession.
6. In the fourth section, mention the increased daily compensation rate if the seller occupies the property beyond the agreed possession date.
7. Complete the next sections regarding the condition of the property, utility responsibilities, risk of loss, and any insurance obligations by the seller.
8. Review the paragraphs about legal costs, survival of the agreement, and conflicts with the purchase agreement, ensuring you understand all terms clearly.
9. Finally, in the signature section, have all parties sign and date the agreement, confirming their acknowledgment of the terms outlined.
10. Once completed, save the changes, and consider downloading, printing, or sharing the form for record-keeping purposes.

Compete your documents online today for a streamlined process.