Property

The Closing Correction Agreement protects both the buyer and the seller in the event any of the closing documents in a real estate transaction are lost, misplaced, or inaccurate.

• The buyer and the seller agree to correct or replace any closing document that contains an error or which has been lost or destroyed.
• If the original loan note is replaced, the seller and the lender will indemnify the buyer against any loss.
• If there was an error resulting in the wrong amount of funds being transferred between the parties, the parties agree to supply or refund any amount necessary to adjust for the error.
• The agreement does not address any errors in consumer disclosure documentation given to the buyer in connection with a mortgage loan.
• This form can be used throughout the United States.

If your real estate sale or purchase is relying on lost or incorrect documents, you need this USA Closing Correction Agreement. Buy and download the form now.

USA commercial landlords, are you selling or refinancing a business premises which is being leased to a tenant?

• the amount of the rent payments,
• details of any prepaid rent,
• the amount of security deposits and other amounts paid by the tenant,
• renewal options,
• any rights of expansion,
• any option to purchase,
• default by the landlord.

If you're planning renovations to your condo unit that may affect the common elements of the condominium, approach the HOA with this Condominium Alteration Agreement to get their approval first.

• As an inducement to get approval, the condo owner indemnifies the condo corporation/HOA and assumes full responsibility for any damages resulting from the renovations.
• The renovations must be done in accordance with specifications approved by the HOA.
• The owner warrants that the renovations will be in compliance with the requirements of the insurance policies covering the property, and the owner agrees to pay the cost of any increase in the insurance coverage.
• The Agreement template can be used throughout the United States.

USA brokers, prepare a Confidentiality and Noncircumvention Agreement for a seller with this customizable template.

• This type of Agreement is generally used when property is being transferred as part of a sale of business assets.
• The broker agrees to use the seller's confidential information only in connection with evaluating the property on behalf of its client.
• The broker will not disclose any of the confidential information, and will ensure that its employees, agents and third parties involved with the transaction agree to be bound by the agreement.
• The seller agrees not to circumvent the broker by contacting any potential purchaser introduced by the broker. If the seller breaches this provision, the seller must still pay the broker's fees and commissions with respect to the sale.

• The purchaser will deposit the earnest money with the escrow agent, who will invest it according to the purchaser's instructions.
• If the purchaser breaches the Purchase & Sale Contract, the money will be paid to the seller as liquidated damages.
• Upon written instruction from the parties, the escrow agent will disburse the funds after the transaction closes.
• The escrow agent is to be held harmless from liability in the performance of his duties.

Give your residential tenant an option to purchase the rental premises with this USA Lease Option to Purchase Agreement.

• THIS IS NOT A LEASE. The Option Agreement is made in conjunction with an existing lease on the premises, and grants the tenant an exclusive non-assignable option to purchase the property.
• Upon execution of the Agreement, the tenant will pay an option fee which will be applied against the purchase price if the tenant exercises the option to purchase. If the tenant elects not to complete the purchase, the fee will be retained by the landlord.
• A portion of each month's rent which has been paid on time under the lease will be applied to the purchase price.
• All closing costs and fees will be paid by the tenant at the time of closing.
• This form can be used anywhere in the United States.

Clarify the terms of a purchase and sale of a fixture between a buyer and a seller with this easy-to-use USA Letter of Intent to Purchase Fixture.

• The Letter of Intent summarizes the discussions between the parties prior to signing a written contract with respect to the sale of a fixture, outbuilding or other fixed immovable property which is NOT part of the real estate, even though it is permanently fixed to the underlying property.
• The Letter of Intent itself is not a legally binding contract, but rather it is a confirmation of both parties' intentions to complete the transaction.

Business centers and incubators can use this License to Occupy template to rent shared office space to small businesses and start-ups.

• The Agreement can be used for monthly or weekly rentals.
• The renter (licensee) is provided with temporary office space and shares meeting ⁄ conference rooms with other occupants.
• The business center provides receptionist, telephone, photocopier, fax, and wireless access.
• The licensee pays a proportionate share of the utility costs for the space occupied.
• Occupants are responsible for insuring their own property.
• The licensee indemnifies the business center against claims or damages arising from its use of the space or from any breach of the Agreement.
• The license agreement is not governed by landlord and tenant laws.
• You can use this digital template across the United States.

The USA License to Occupy is a downloadable and customizable file that you can re-use for each new licensee. Get yours now.

Use this free Freddie Mac Form 70B to prepare an appraisal report for a manufactured home.

• This form can be used for manufactured home appraisals anywhere in the United States.
• This appraisal report is for one-unit manufactured homes, including those in planned unit developments (PUD).
• Updated March 2005.

The USA Manufactured Home Appraisal Report is a free form provided by FreddieMac.com.

USA farm owners, lease out available pasture land to a tenant with this downloadable Pasture Lease template.

• The term of the lease can be either for a fixed number of years with an option to renew, or a continuing term which reverts to a yearly lease after the initial term expires.
• The lease contains three options to determine how yearly rent will be calculated - (i) based on the number of acres of pasture land, (ii) on the number of livestock grazing the land, or (iii) on a payment for gain basis, where the tenant pays the landlord a rate per pound for the net increase in weight per animal pastured.
• The tenant is responsible for ensuring that livestock do not break through fences, and must ensure that all animals meet the landlord's approval with respect to health, breed, sex, age, and number of animals.
• The tenant is responsible for branding or tagging all of its animals.
• The tenant must carry livestock insurance throughout the term of the lease.
• The landlord is responsible for insurance on all buildings, fences and structures.
• The landlord is responsible for erecting and maintaining fences and for providing an adequate water supply.
• The landlord must pay all taxes levied against the pasture land.
• The parties agree to binding arbitration in the event of a dispute.