Here is a general legal checklist for you to use to prepare yourself for selling your home. This checklist outlines the steps and items needed to be the most prepared for your home being on market.
Resolve any financial obstacles before you sell
If your property has incurred any sort of debt, encumbrance or lien, you will need to take care of them before settling with your buyer. These obstacles can arise any number of ways:
Draft a home sale agreement, if needed
If you’re unmarried and have a domestic partner, consider drafting a home sale agreement to protect both parties. Otherwise, if the deal or the relationship fails, the court will only be able to help the party named on the deed as the owner.
Get joint tenants on the same page
If you inherited the property with several family members as joint tenants, the ownership structure of your property might limit your options for selling.
In divorces where the property is owned through joint tenancy or tenancy by the entirety, both owners must:
If you go through this checklist before selling your home, you will be ready for anything that might come up once on market or in escrow on your home.
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