In representing a seller, we provide many services to facilitate the transaction:
- Identify and eliminate potential problems before they arise.
- Negotiate the brokerage contract or listing agreement with a Realtor® and make certain that you understand all of its terms so that there are no surprises.
- Review the Purchase and Sale Contract – the instrument that governs all aspects of the transaction – so that you avoid incurring “hidden” costs or unnecessary entanglements.
- Eliminate and/or cure title problems that threaten the transaction.
- Draft transaction instruments. In Vermont, the Seller’s attorney typically drafts the Warranty Deed, the Property Transfer Tax Return, Land Gains Tax Return, Non-resident Withholding Tax Return, and other required disclosures (i.e. the smoke detector certification, lead paint, water test notice).
- Order mortgage and lien payoff statements.
- Resolve disputes that arise under the Purchase and Sale Contract. Disputes may arise as to the meaning of particular clauses – i.e. building inspection and/or financing contingency clauses – that require the attention of counsel in order to resolve without unraveling the transaction.
- Close the transaction safely and successfully. At closing, there are a number of documents that need to be signed and exchanged. We are familiar with these documents and can explain the meaning of each document you sign.