Transfer of Documents in a Real Estate Transaction
Download Our Free Real Estate Guide- The completed title examination will identify – along with the standard transfer documents such as the deed and its supporting papers – any additional documents to be prepared by the seller’s attorney to effectuate the transfer of a clear title to the buyer.
- Those documents may include affidavits relating to an estate, judgments involving people with names similar to that of the seller, or anything that affects the property’s boundary, such as a fence that might encroach over a boundary line.
- Once those documents are finalized, they’re forwarded to the bank’s attorney who will prepare the bank’s loan package, and the process will progress toward closing.