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Syndicate Legal Advisory Services prepares written closing support documents for a commercial real estate transaction. Syndicate Legal Advisory Services is not an escrow company, title company, or real estate broker, and we do not hold funds, documents, or deposits.

 

What’s included:

  • Intake and information gathering. A structured questionnaire collects the buyer’s and seller’s names and entity information, the property address, the assessor’s parcel number, the legal description and vesting (taken by you from the preliminary title report or current deed), the purchase price, the escrow and title company contact information, the scheduled closing date, and any existing liens or loans you identify.
  • Escrow opening package. From your signed contract and information, we prepare a transmittal letter opening escrow, a party information sheet, and a supplemental instruction letter to the escrow officer reflecting terms the parties have already agreed to. We do not draft or alter the escrow company’s own general instructions.
  • Transfer documents. At your direction, we prepare a grant deed, quitclaim deed, or other transfer instrument, a bill of sale for personal property, and an assignment of leases, contracts, permits, and warranties. 
  • Tax and reporting forms. From figures you supply, we complete the Preliminary Change of Ownership Report and the documentary transfer tax declaration on the deed, and we prepare the withholding certifications commonly requested at closing, such as a FIRPTA non-foreign status certification, for the signer to review and sign. We do not calculate taxes, determine whether an exemption applies, or advise on reassessment.
  • Seller and buyer closing certifications. From facts you supply, we prepare a seller’s affidavit, an owner’s affidavit for the title company, a tenant estoppel certificate form, a certificate regarding the absence of mechanics liens, and a general closing certificate. 
  • Title company requirement responses. We organize the title company’s requirements, as listed in the preliminary report or commitment, into a checklist, and we prepare the cover letters and standard forms you identify, such as entity authority documents, consents, and statements of information, from information you supply. 
  • Entity authority documents. From information you supply, we prepare a certificate or resolution identifying who may sign for an entity, for the title company’s use. 
  • Closing statement support. We prepare a settlement statement worksheet that lists the prorations, credits, and costs you and the escrow officer supply. We do not calculate the prorations, determine who owes what, or issue the final escrow statement, which is the escrow company’s document.
  • Recording and delivery documents. We prepare a recording cover letter and a closing delivery checklist for the documents you will provide to escrow. The escrow or title company records the documents and disburses funds.
  • Execution documents. We prepare signature blocks, notary acknowledgments, and written signing and notarization instructions.
  • Post-closing checklist. We provide a general list of items clients commonly address after closing, such as updating insurance, utilities, tenant notices, and entity records. It is not advice.
  • Review and revisions. We make revisions you request to the drafts before signing, within the number of review rounds included in your package.

COMMERCIAL REAL ESTATE (Title, Escrow & Closing)

195,00 US$Precio
Cantidad
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DESCARGO DE RESPONSABILIDAD: La información de este sitio es solo para fines informativos y no debe tomarse como asesoramiento legal o financiero. Solicitar información adicional o enviar información a través de este sitio o cualquier formulario de contacto no significa que se haya formado una relación abogado-cliente ni ninguna otra relación proveedor-cliente de servicios profesionales. Syndicate Legal Plans es propiedad de Syndicate Legal & Financial, LLC, una oficina de asistencia en documentación legal autorizada, garantizada y asegurada debidamente registrada en el condado de Los Ángeles (n.° 2024100564 ). Para conocer los términos y condiciones, haga clic aquí .

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