Real Estate Forms
Please find below some real estate forms available in PDF format. The list will be updating on regular basis. For uploading the forms (in case your computer doesn’t have ‘Adobe Acrobat Reader’), you can obtain the latest version of the Adobe Reader.
Contracts
For carrying out real estate transactions, contract forms or agreement forms are truly essential. A contract can be bilateral or unilateral and it is an agreement that is legally binding. The most significant attribute of a contract is that an offer is made by a party which is accepted by another. This can be termed as “ad idem” (meeting of the minds) or “concurrence of wills” of two or more parties.
Deed
A deed is also an important real estate document. It is basically a legal instrument implemented to concede a right. Deeds fall under the wider class of documents under seal. There are different types of deeds like mortgage deed, deed in lieu of foreclosure, warranty deed, quit claim deed and deed of trust and all of them play a significant role in real estate transactions.
Purchase Agreements
Purchase agreements are necessary financial forms for buying real estate. These are typically bilateral contracts (accepted by two parties). Information given in the purchase agreement include offer and acceptance, contingencies, deed specified, condition of property, date of closing and possession, earnest money deposit and any riders.
Late Payment
There are forms for late payment related to real estate and these are known as late payment forms. Some of the important late payment forms are land contract payment due, notice of rent due (3 days), as well as notice of rent due (10 days). These forms are needed for certain formalities when you have any payment outstanding.
Lease Option
A lease option is also known as lease purchase. It is the short form of the relevant expression lease with option to purchase. A lease option is a form of contract utilized in residential real estate. Usually, the agreement takes place between two parties: the landlord (or lessor), who possesses the property and the tenant (also known as the lessee), who would live in the property.
Eviction
Eviction forms are used to evict or remove tenants from rental or leasehold properties. Eviction is also termed as summary possession, unlawful detainer, summary dispossess, ejectment, forcible detainer or repossession. However, the term eviction is usually applied in letters between the tenant and the landlord. The process of eviction involves notice, summons and trial, right to redemption and removal from the property.
Rental Agreements
A rental agreement is essentially a contract or agreement, normally written between the landlord and a tenant who wishes to have short-term ownership of the property. It is frequently known as a lease, particularly when a real property is let out for money. The contract recognizes the property, the parties, the amount of rent or lease and the tenure of the lease. The proprietor or landlord is known as the lessor and the renter or tenant as the lessee.
Others
There are other financial forms used for real estate transactions. Some of the important forms are limited power of attorney, general power of attorney, promissory note guarantee and revocation of power of attorney.