Get Real Estate Closing Checklist Template 2020-2025

The Real Estate Closing Checklist Template is a vital tool to ensure that all necessary steps are taken during the closing process of a real estate transaction. This guide provides clear, step-by-step instructions to help users fill out the checklist online with ease.

Follow the steps to complete your Real Estate Closing Checklist Template effectively.

1. Click ‘Get Form’ button to obtain the form and open it in your preferred editor.
2. Begin by entering the property address in the designated field. This information is essential for identifying the property involved in the transaction.
3. Fill in the listing company and selling company fields to indicate which entities are representing the seller and buyer in this transaction.
4. Input details for the sales agents involved, ensuring to list both the seller's and buyer's agents, as this information is critical for communication.
5. Document the names of the seller and buyer in the appropriate fields to ensure that all parties are accurately recorded.
6. Provide the contact information for both the seller's attorney and the buyer's attorney. Clear representation is important for each side.
7. Complete the earnest money section by indicating whether the check has been deposited and the date of the deposit. Include any necessary transfers to the closing attorney.
8. Navigate through the multiple listing service (MLS) section, marking contingencies and status changes as applicable.
9. Ensure that a sold sign is put up and the lock box is removed, marking these as completed tasks.
10. Order necessary inspections, including termite and property inspections, noting any repairs that may be required.
11. Arrange for the transfer of utilities by filling out the utility company, contact, and date sections accordingly.
12. Review insurance requirements and supply the details of the agency and company handling the policies.
13. Fill in the loan application details, including types of loans and any assumptions or prorations needed.
14. Order deed preparation and verify how the buyer's name should appear on the deed.
15. Check rental information, including agreements and financial responsibilities related to renting.
16. Ensure that condominium notifications and balances are addressed, along with any related transfers.
17. Review the sales contract to confirm that all contingencies have been met, and prepare for the closing statement review.
18. Final steps include acquiring keys from the seller and giving them to the buyer, along with post-closing tasks such as sending thank you letters.
19. At the conclusion, save changes to the document, and consider downloading, printing, or sharing the form as necessary.

Get started on completing your Real Estate Closing Checklist Template online today!