Buyers Intro Letter

I would like to take this opportunity to let you know that I will be processing your file. You are welcome to contact me at any time to check on the status of your settlement. As your settlement date approaches, please keep the following points in mind to assist us in making sure your settlement goes as smoothly as possible.

You will need to bring a form of picture ID such as a driver’s license, passport, or a military ID.
Please provide any funds needed at settlement in the form of a WIRE. We have attached the wiring instructions for your convenience.
Your personal attendance will be required at settlement. If, as a result of exceptional circumstances, you are unable to attend closing please advise this office immediately.
Please let us know if you are settling on your existing property the same day or the day prior to your settlement with us. We can make arrangements to have the proceeds wired directly to our account for your closing.

You may contact me at (301) 770-4710 or by email at close@qtcsettlements.com if you have any questions. For a quick response, email is the preferred method of communication. In order to better serve you, I have attached an information sheet. Please complete the information and return it to me via email or fax within forty-eight (48) hours. Should you require special accommodations for your closing, please let me know as soon as possible so that I can arrange these for you. I encourage you to contact me on the day of settlement to confirm your settlement time. I look forward to working with you. I will strive to make your settlement and the purchase of your new property as pleasant as possible.

Document Checklist if you are buying the property as an LLC or Corporation:

LLC:

Articles of Organization
Certificate of Good Standing
Operating Agreement
Authorized Agent Docs

Corporation:

Articles of Organization
Certificate of Good Standing
By-Laws
Authorized Agent Docs

*NOTICE: Please be aware that due to the conflict between federal and state laws concerning the cultivation, distribution, manufacture or sale of marijuana, the Company is not able to close or insure any transaction involving Land that is associated with these activities.

Very truly yours,

Keisy Rosero
Quantum Title Corporation

Buyers Questionnaire

File No. *

Property Address *

NAME(S) YOU WOULD LIKE ON TITLE

Buyer’s Name(1) *

SSN#/TIN *

Cell Phone *

Work *

Email Address *

Marital Status *

Married

Single

Divorced

Widow

Buyer’s Name(2) *

SSN#/TIN *

Cell Phone *

Work *

Email Address *

Marital Status *

Married

Single

Divorced

Widow

ADDITIONAL QUESTIONS

Buyer (s) is/are US Citizen/ Permanent Resident [Green Card]? *

Yes

Will all buyers be at Settlement? *

Yes

** If your answer is no, please advise if you will be using a power of attorney.

Will the property be owner occupied *

Yes

Are all buyers first time homebuyers *

Yes

Would you like to order a survey of the property?

Yes

Estimated price: $230.00*

LENDER INFORMATION

If you will be using a Lender, please provide their information:

Lender

Loan Officer

Phone

SETTLEMENT INFORMATION

Settlement Date

Preferred Time

please provide 2 options

Time

Location of Settlement *

Notes/Special Instructions

Please let me know of any other information that might be helpful in making the process of this transaction go smoother.

Buyers Questionnaire- Choice of Tenancy

File 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

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.

Name

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