Do you know the real estate release agreement?
Sean Tarpenning is a CEO at USREEB. At USREEB, our brand would like to provide investors with an equal opportunity to help assist all of their real estate goals. We have cut out the middle man in the investment experience.
The first part of the contract clearly outlines the date that this agreement is being signed, the names of both parties involved in the transfer of the property yet as any spouses of the members involved within the agreement.
The second part of the agreement outlines the terms and conditions that the property in question is under. It goes over what quantity debt the property features attached to that and whether the property has a mortgage debt or a lien debt related to it.
It may be a part of the initial sale agreement that the customer is accountable for paying off any existing debt on the property and not the responsibility of the vendor.