Buyer’s Checklist If you are human, leave this field blank.Buyers QuestionnaireFile No. *Property Address *NAME(S) YOU WOULD LIKE ON TITLEBuyer’s Name(1) *SSN#/TIN *Cell Phone *Work *Email Address *Email Address *Marital Status *Married SingleDivorcedWidowBuyer’s Name(2)SSN#/TINCell PhoneWorkEmail AddressEmail AddressMarital StatusMarried SingleDivorcedWidowADDITIONAL QUESTIONSBuyer (s) is/are US Citizen/ Permanent Resident [Green Card]? *YesNoWill all buyers be at Settlement? *YesNo** If your answer is no, please advise if you will be using a power of attorney.Will the property be owner occupied *YesNoAre all buyers first time homebuyers *YesNoWould you like to order a survey of the property?YesNoEstimated price: $230.00*LENDER INFORMATIONIf you will be using a Lender, please provide their information:LenderLoan OfficerPhoneEmailSETTLEMENT INFORMATIONSettlement DatePreferred Timeplease provide 2 optionsTimeLocation of Settlement *Notes/Special InstructionsPlease let me know of any other information that might be helpful in making the process of this transaction go smoother.Buyers Questionnaire- Choice of TenancyFile No. *Property Address *In connection with the purchase of the property, I/we hereby direct Quantum Title Corporation to recite, in the Deed, Deed of Trust (if any), Title Insurance Policy(ies), and any other necessary or appropriate documentation the following tenancy, indicated by my initials in the area provided below:1. SOLE OWNER/SOLE ENTITY: An undivided ownership interest by one person/entity with no other party having a right or interest in or to the Property.2. TENANTS BY THE ENTIRETY: An undivided ownership by both husband and wife, with the rights to the entire property passing to the surviving spouse upon the death of one (1) spouse.3. JOINT TENANTS: An equal ownership interest by all parties named on the deed with rights of ownership vesting in the survivor of all owners.Example: Andy, Beth and Charles own Black Acre one-third each (1/3rd each). If Beth dies, Andy and Charles will each own one-half (1/2) of Black Acre.4. TENANTS IN COMMON: An individual ownership interest in a portion of the Property (either equal or unequal) with another party and sharing a common interest and right to use as to the whole. Tenants in Common does not provide for survivorship rights.Thus, a will is recommended to identify the recipient of the ownership interest upon the death of one of the owners. Example 1: Andy, Beth and Charles own Black Acre. Beth owns seventy percent (70%), Andy owns twenty percent (20%), and Charles owns ten (10%). Charles dies. Charles had a will which states that his interest should pass to his mother, Charlene. Charlene now owns a ten percent (10%) interest in Black Acre. If Charles dies without a will, his ten percent (10%) interest shall pass according to the laws of the State where the property is located. Example 2: Andy and Beth are married but own Black Acre with Charles. Andy and Beth own a sixty percent (60%) interest in Black Acre, which they hold as Tenants by the Entirety. Charles owns a forty percent (40%) interest in Black Acre. As between Charles and the unit made up of Andy and Beth, the parties own Black Acre as Tenants in Common, for percent (40%) to Charles, sixty percent (60%) to Andy and Beth jointly.% to | % to % to | % to The above information is accurate and complete to the best of my/our knowledge. I/We have been provided with the opportunity to consult with an attorney of my/our own choosing as to which manner of title is suitable for my/our situation. Having been fully informed as set forth above, I/we direct Quantum Title Corporation to utilize the initialed tenancy in preparing its documentation with respect to the property. NamereCAPTCHA is required.Submit
