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Get Real Estate Transaction Information Sheet
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How to fill out the Real Estate Transaction Information Sheet online
Filling out the Real Estate Transaction Information Sheet is an important step in documenting real estate transactions. This guide provides clear instructions for users to complete the form accurately and effectively online.
Follow the steps to complete your Real Estate Transaction Information Sheet.
- Click ‘Get Form’ button to access the form and open it for editing.
- In the 'Date' field, enter the current date to specify when the form is being filled out.
- Fill out 'File Number' if applicable. This may be provided by a legal professional or real estate agent.
- Enter the information for Seller #1, starting with their full name in the format of Last, First, Middle Initial. Include spouse's name, social security or identification number, date of birth, address, city, state, and zip code.
- Provide the contact information for Seller #1, including home phone, work phone, cellular phone, fax, and email address.
- Repeat steps 4 and 5 for Seller #2, if applicable.
- Proceed to fill out Buyer #1’s information by providing their full name, spouse's name, identification number, date of birth, address, and city, state, and zip code.
- Enter the contact details for Buyer #1, including all relevant phone numbers and email address.
- Repeat step 7 and 8 for Buyer #2, if applicable.
- Complete the 'Legal Description of Property' section to describe the property involved in the transaction.
- Fill out the 'Common Address of Property' to identify the physical location of the real estate.
- List any fixtures or personal property included in the sale in the designated section.
- Fill in the 'Terms of Sale,' including the purchase price, earnest money, and allocation of purchase price for real estate, personal property, and growing crop.
- Specify the closing date and date of possession.
- If financing by seller is involved, complete the relevant fields detailing loan amount, dates, interest rate, and payment schedule.
- Select transaction documents that need to be drafted by checking the appropriate boxes.
- Complete sections regarding real estate taxes, personal property taxes, existing tenancies, pro-rated rental, easements, access to property, and any additional information required.
- Provide the title insurance agent's information and specify the closing costs.
- Enter the details for the seller's attorney, buyer's attorney, mortgagee, and real estate agent in the respective sections.
- Review all entered information for accuracy and completeness.
- Once all sections are completed, ensure to save your changes, and proceed to download, print, or share the form as needed.
Complete your Real Estate Transaction Information Sheet online today for a smooth transaction process.
The first stage is pre-entry into a contract, and the second stage is the actual signing of the contract. The third stage involves working through the details of the transaction after the contract is in place, and the fourth is closing and post closing.
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