FOR
SALE
BY
OWNER
MAXIMUS TITLE AGENCY, LLC
363 W. Big Beaver Rd.
Suite 215
Troy, MI 48084
844-558-4853 (phone & fax)
This package is for informational purposes. Maximus Title Agency does not offer legal advice. If you are unsure of any
of your responsibilities as a seller, we strongly advise that you seek counsel from a licensed real estate broker or attorney
Congratulations
You are about to become one of the rapidly growing number of people who have chosen to
sell their home themselves. Maximus Title Agency prides itself on customer service and
professionalism. We will be here to assist you all the way through the process.
1. Title Order Form.
Please complete the entire form in as much detail as possible. Complete and
accurate information will streamline the entire process.
2. Purchase Agreement.
A fill-in-the-blank purchase agreement is provided. Maximus Title Agency cannot
assist you in negotiating the terms of the contract, but we can answer general
questions. If you need further assistance, we strongly advise seeking the counsel
from a licensed real estate broker or attorney.
3. Seller’s Disclosure Statement
You are required by law to provide an accurate Seller’s Disclosure Statement to
any prospective purchaser prior to signing a purchase agreement.
4. Lead Paint Disclosure
You are required by law to provide an accurate Lead-Based Paint Disclosure to
any prospective purchaser prior to signing a purchase agreement.
5. Payoff Authorization Letter
If you have current liens (mortgages) against your property, you can easily obtain
payoff letters from the lien holders (lenders). If you would like Maximus Title
Agency to obtain these for you, please complete this form for each lien holder and
provide a current statement.
6. Earnest Money Deposit Agreement
Maximus Title Agency will act as Escrow Agent for any earnest money deposits or
buyers gift funds. These forms must be completed and signed by all parties. We
must receive these with or prior to receiving any funds.
7. Explanation of Title Commitment/Insurance
8. “Protect Your Family From Lead In Your Home” Broucher
You are required by law to provide this to the Buyer if the house was built prior to
1978
MAXIMUS TITLE AGENCY, LLC
363 W. Big Beaver Rd.
Suite 215
Troy, MI 48084
844-558-4853 (phone & fax)
ORDER FORM
Order Placed By:
Phone:
Email:
Purpose: ☐ Purchase ☐ Refinance ☐ Title Search
Property Information
Street Address:
City/Township: Sate: ZIP:
Tax Parcel ID:
Legal Description:
Association: ☐ NO ☐ YES
Borrower(s) / Seller(s)
Borrower 1 Name:
Borrower 2 Name:
SSN: SSN:
Phone: Phone:
Email: Email:
Current Address:
Seller 1 Name:
Seller 2 Name:
SSN: SSN:
Phone: Phone:
Email: Email:
Forwarding Address:
Association Name:
Contact Name:
Phone:
Lender / Broker
Lender Name:
Mortgage Clause:
Address:
Loan Officer:
Phone:
Email:
Loan Amount: Loan Number: Loan Type:
Broker Name:
Address:
Loan Officer:
Phone:
Email:
Realtors
Listing Agent: Selling Agent:
Company: Company:
Phone: Phone:
Email: Email:
Commission %: $: Commission %: $:
Admin Fees: Admin Fees:
Home Warranty: ☐ NO ☐ YES
Seller Concessions: ☐ NO ☐ YES $_____________
NOTES:
Purchaser(s) initials ______ ______ 1 of 4 Seller(s) initials ______ ______
OFFER TO PURCHASE REAL ESTATE
1. BUYER’S OFFER: The undersigned Buyer hereby offers and agrees to purchase the following property located in the
_______________ of __________________________, County of __________________, State of Michigan, described as follows:
____________________________________________________________________________________________________________
___________________________________________________________________________________________________________,
being known as _______________________________________________________________________, together with all
improvements and appurtenances, if any. The property includes all buildings; gas, oil, and mineral rights owned by Seller; plumbing,
heating and electrical fixtures; built-in appliances; water softener, security system, satellite dish and controls, unless rented; water
pumps and pressure tanks; stationary laundry tubs; all television antennas, rotors and any mechanical controls; window shades,
shutters, blinds, curtains and drapery rods, and all window treatments, including curtains and drapes; attached floor coverings;
attached fireplace doors and screens; garage door opener and controls; screens, storm windows and doors; fuel in tank(s),
landscaping, fences and mailboxes, if any; and _______________________________________________________________________
___________________________________________________________________________________________________________,
but does not include ___________________________________________________________________________________________
___________________________________________________________________________________________________________.
The property is purchased subject to the existing building and use restrictions, easements of record, and zoning ordinances, if any;
provided said restrictions, easements, and zoning ordinances do not unreasonably restrict the Buyer’s intended use of the property.
(SEE paragraph 6.)
2. SALE PRICE – METHOD OF PAYMENT: The sale price is ___________________________________Dollars ($________________).
All monies paid by Buyer to Seller must be in cash or certified check, cashier’s check, wire, Escrow Company check, or money order.
□
THE SALE TO BE CONSUMMATED BY: A, B, OR C.
A. (____) CASH SALE. Buyer will pay the sale price in cash or certified check, cashier’s check, or money order upon delivery
by Seller of a Warranty Deed conveying marketable title.
B. (____) NEW MORTGAGE. This Offer to Purchase is contingent upon the ability of the Buyer to obtain a mortgage from such
lender as Buyer may select in the amount of $_________________ with an interest rate not to exceed _______ percent for
a term of _______ years. Buyer will apply for the mortgage within _____________ days after Buyer has received an acceptable
inspection report pursuant to paragraph 14 below. If a firm commitment for such mortgage cannot be obtained within
_______ days from date of application, at either party’s written option, this Offer can be declared null and void and the
deposit shall be returned to Buyer.
C. (____) LAND CONTRACT/MORTGAGE ASSUMPTION – SEE FINANCING ADDENDUM.
3. OCCUPANCY:
If Seller occupies the property, Seller shall deliver occupancy and possession of the property as follows:
□ Immediately after closing.
□ Within _______days after closing by 5 p.m. From the date of closing to and including the date of vacating, Seller shall pay
Buyer $ ___________ per day as an occupancy charge. At closing, Seller shall deposit with the Maximus Title Agency, LLC
(Escrow AGENT) $______________ to hold security for said occupancy charge. The Escrow Agent shall pay to the Buyer the
amount of the occupancy charge and then reimburse Seller for any unused days upon Seller vacating the property. If
occupancy by Seller is to extend longer than thirty (30) days, escrow agent shall release to Buyer each thirty (30) days an
amount equal to the said thirty-day occupancy charge.
□ If tenants occupy the property, then:
□ Seller will have the tenants vacate the property before closing.
□ Buyer will be assigned all Landlord rights and security deposit and rents prorated to date of closing, with Buyer
assuming Landlord rights and obligations after date of closing. Seller agrees to pay or reimburse Buyer for all costs
and expenses incurred in recovering possession of the property, including actual attorney fees, together with all
actual, incidental and consequential damages sustained by Buyer which shall include, but not be limited to, housing
expense, storage fees, actual attorney fees and any other costs or expenses which either arise out of or are
connected with Seller’s failure or refusal to vacate the property as required by this Agreement. (The Escrow Agent
has no obligation, implied or otherwise, for seeing that the premises are vacated on the date specified or for the
condition of the premises, etc.)
4. DEPOSIT. Upon acceptance of this offer, Purchaser will deposit with Maximus Title Agency, LLC (Escrow Agent) the sum of
$_____________, (Deposit) in the form of a certified check, personal check or wire. Escrow Agent shall apply Deposit to the purchase
price if the sale is consummated and further subject to paragraph 12.
Purchaser(s) initials ______ ______ 2 of 4 Seller(s) initials ______ ______
5. TITLE INSURANCE. Seller shall provide to Buyer, at Seller’s expense, an Eagle Owner’s policy of title insurance without standard
exceptions in the amount of the sale price. Seller will apply for a commitment for title insurance within _____ days after the date of
acceptance of this Offer to Purchase through Maximus Title Agency, LLC. Seller shall pay, or reimburse Buyer by a credit at closing, for
the cost of a stake survey of the property, if required by the title insurance company, in order to issue a policy without exceptions.
Seller shall provide Buyer with a copy of the commitment immediately upon receipt, but not later than _____ days prior to. Upon
receipt of the commitment, Buyer shall have _____ days to provide Seller with written notice of any objections. Seller shall have thirty
(30) days after receiving written notice to remedy the claimed defects. If Seller is unable to remedy the defects within thirty (30) days,
Buyer shall have the option of: (1) Proceeding and closing the transaction; or (2) Not closing the transaction and recovering from the
Seller the actual damages suffered as a result of Seller’s inability to remedy the defects as well as having the deposit returned in its
entirety to the Buyer; or (3) Declaring the Offer to Purchase null and void and having the deposit refunded in its entirety to Buyer.
6. APPROVAL OF EASEMENTS AND RESTRICTIONS. This Offer to Purchase is contingent upon Buyer’s review and approval of the
easements and/or deed and building and use restrictions within ______ days from delivery of such documents to Buyer. Seller or
Seller’s agent shall deliver these documents to Buyer within ______ days from date of Seller’s acceptance of this Offer to Purchase. In
the event Buyer determines that the easements and/or deed and building and use restrictions are unacceptable, then Buyer shall have
the option to terminate this Offer to Purchase without further liability; and, upon the exercise of such option by Buyer, the deposit
made hereunder shall be returned in its entirety to Buyer within ten (10) business days after written notice that the easements and/or
restrictions are unacceptable. In the event Buyer has not notified Seller that Buyer is terminating this Offer to Purchase within ______
business days after receiving these documents, the conditions of this paragraph shall be deemed removed and waived by the Buyer.
7. HOMEOWNERS/CONDOMINIUM ASSOCIATION. If there is a Homeowners/Condominium Association that has authority over the
property, Seller is to provide Buyer with a copy of the most recent financial statement, Master Deed (if any), by-laws and assessments
and any other related information within _____ days of acceptance. If Buyer does not notify Seller in writing within _____ days from
the date of receipt of said documents that the Buyer is dissatisfied with said documents, this Agreement shall be binding without
regard to said documents. If Buyer notifies Seller in writing that Buyer is dissatisfied with said documents within the above specified
calendar days, then Buyer may declare this Agreement void and all earnest money deposits shall be refunded.
8. TAXES AND ASSESSMENTS. Seller will pay all prior years’ real estate taxes and all assessments which have become a lien upon the
land at the date of this Offer to Purchase. Seller will pay all current year real estate taxes which are due before date of closing. Current
year real estate taxes shall be prorated and adjusted as of the date of closing in accordance with Due Date basis of the municipality or
taxing unit in which the property is located, as though they are paid in advance.
9. OTHER PRORATIONS. Interest, rents, insurance, condominium or association dues or fees shall be prorated and adjusted on a 365-
day basis. Escrow Agent may retain from the amount due Seller at closing, a minimum of Two Hundred ($300) Dollars for water charges
(based upon water usage of the community). When the next water bill or reading is received, all water adjustments shall be made
through the day of possession.
10. CLOSING. Buyer and Seller will close the sale within _____ days after necessary documents are ready. If a new mortgage is being
applied for, the time of closing shall be governed by the lender’s requirements. In no event shall the closing take place later than the
_____ day of __________________, 20____.
11. CLOSING COSTS. Unless otherwise provided in this Offer to Purchase, it is agreed that Seller shall pay all state and county transfer
taxes and costs required to convey clear title. Buyer shall pay the cost of recording the deed and/or security interests and all mortgage
loan closing costs required by the mortgagee. Other applicable costs may be incurred by either party.
12. DEFAULT. If Buyer defaults, Seller may declare forfeiture hereunder and retain the deposit as liquidated damages. If Seller defaults,
Buyer may enforce the terms of this Offer to Purchase or may demand a refund of the deposit and pursue all other remedies available
to Buyer for damages.
13. RELEASE. Buyer recognizes that the Seller has provided the Buyer a required Seller’s Disclosure Statement. The Buyer has been
afforded the right to independent inspections of the property, and hereby knowingly waives, releases and relinquishes any and all
claims or causes of action against Broker(s), its officers, directors, employees, and independent sales associates. Buyer and Seller
recognize and agree that the Broker(s) and sales associates involved in this transaction are not parties to this Agreement. The Broker(s)
and sales associates specifically disclaim any responsibility for the condition of the property or for the performance of the Agreement
by the parties.
14. CITY CERTIFICATION. If the property is located in a municipality that requires an inspection prior to a sale, Seller will pay for
necessary inspections and/or required repairs, if any, to obtain written approval of the municipality.
15. PROFESSIONAL RECOMMENDATION. Buyer shall have the right to submit this agreement to its attorney for review of form and
content after acceptance by the Seller. If Buyer or its attorney does not advise Seller that the agreement is not acceptable as to form
or content within _____ days after acceptance, this contingency will be deemed removed.
Purchaser(s) initials ______ ______ 3 of 4 Seller(s) initials ______ ______
16. INSPECTION. Buyer may obtain independent private inspection(s) of the property, including, but not limited to mold and radon,
by an inspector of its choice and at the Buyer’s expense. Inspection(s) should be concluded within _____ calendar days of acceptance
of this offer and written notice must be given to the Seller within that time period of any dissatisfaction with the inspection(s). If
square footage is a material matter to the Buyer, it must be verified to Buyer’s satisfaction during the inspections(s) period stated
above. Buyer ☐ Does ______ ______ (Buyer’s Initials) ☐ Does Not ______ ______ (Buyer’s Initials) desire to have a Property
Inspection(s). Failure to notify the Seller of any dissatisfaction within this time period shall constitute acceptance of the property in
as-is condition. Buyer’s mere submission of a written list of potential defects in the property does not constitute an election to
terminate this Agreement. If Seller is notified of defects, Seller shall have ______calendar days to either
a) repair or provide for repair to the satisfaction of the Buyer OR
b) declare its unwillingness to repair in writing to the Buyer’s Agent or Buyer if Buyer does not have an agent. If the Seller
declines to perform repairs the Buyers have the option to either
(i) declare this agreement null and void and the Buyer’s deposit returned, OR
(ii) complete the transaction as is. The Buyer must exercise either of the options in writing within ______ calendar
days after the Seller declares its intent in writing.
Buyer ☐ Does _______ ______ (Buyer’s Initials) ☐ Does Not ______ ______ (Buyer’s Initials) desire to have a Property Inspection(s).
17. FLOOD INSURANCE. Buyer may, at its expense, obtain a Flood Plain Certification within _____ days from the date of Seller’s
acceptance of this Agreement. If the Certification discloses that the property is in a Special Flood Hazard Area, Buyer may notify Seller, in writing,
within _____ days from the date of the Certification, that Buyer declares this Agreement null and void and the deposit shall be returned to Buyer.
Failure to notify Seller that the property is in a Special Flood Hazard Area within this time period shall constitute a waiver of Buyer’s right to terminate
the Agreement under this paragraph and Buyer agrees to obtain a policy of flood insurance if required by mortgage lender.
18. RISK OF LOSS. Seller is responsible for any damage to the property, except for normal wear and tear, from the date of the offer
until the closing. If there is damage, Buyer has the option to cancel this Offer to Purchase and the deposit shall be immediately
refunded to Buyer or Buyer can proceed with the closing and either require that Seller repair the damage before the closing or deduct
from the purchase price a fair and reasonable estimate of the cost to repair the property and assume the responsibility for the repair,
thereby releasing Seller.
19. ENVIRONMENTAL. Seller represents, to the best of Seller’s knowledge, that the property is free from and does not contain any
pollution, contamination or other environmental hazards other than any the Sellers disclosed on the Seller’s Disclosure Statement.
Buyer, in its sole discretion, reserves the right to withdraw from this Offer to Purchase and have the deposit returned if the property
is found to be environmentally unacceptable by the Buyer. The foregoing representation shall survive the closing of this transaction
irrespective of any investigation made by or on behalf of any party hereto.
20. SUCCESSORS. This Offer to Purchase binds Buyer, Seller, their personal representatives, beneficiaries and heirs, and anyone
succeeding to their interest in the property.
21. WALK-THROUGH INSPECTION. Seller agrees to keep the property in substantially the same condition as of the date of this
Agreement and agrees to maintain heating, sewer, plumbing and electrical systems and any built-in appliances and equipment in
normal working order, to keep the roof watertight and maintain the grounds. Seller further agrees to keep all utility services (electric,
gas, water) operating until date of possession, and to provide the Buyer with sufficient notification of occupancy date in order to
arrange a transfer of the services. Seller agrees to leave the premises “broom clean” upon vacating. Buyer shall have the right to a
walk-through inspection of the premises within twenty-four hours prior to closing in order to determine the property has been
maintained in the condition agreed. Seller is responsible for any damage to the property, except for normal wear and tear, from the
date of this offer until closing or vacating, whichever is later.
22. ARBITRATION. Any claim of Seller or Buyer arising out of this Agreement relating to the disposition of the earnest money deposit
or the physical condition of the property covered by this Agreement shall be arbitrated in accordance with the rules, and then in effect,
adopted by the arbitration tribunal approved by Michigan Association of Realtors®. This is a voluntary agreement between the Buyer
and Seller, and the failure to agree to arbitrate does not affect the validity of this Agreement. This Agreement is made subject to and
incorporates the provisions of Michigan law governing arbitrations. This provision shall survive closing. The parties acknowledge that
they understand that by agreeing to binding arbitration, they have given up their right to a day in court and that they understand the
arbitration process and that the award of the arbitrator is final and conclusive and not appealable except for limited due process
reasons as set forth in the Michigan laws and court rules. The parties do / do not (strike one) wish to agree to arbitrate future disputes.
23. ENTIRE AGREEMENT. This Offer to Purchase supersedes any and all understandings and agreements and constitutes the entire
agreement between the parties and no oral representations or statements shall be considered a part hereof.
24. NOTICE OF AGENCY, IF APPLICABLE. Seller and Buyer acknowledge that they have received the form Disclosure Regarding Real
Estate Agency Relationships explaining the different types of agency relationships. The following agency relationship(s) is/are hereby
confirmed for this transaction:
_________________________________________
Selling Agent (Broker) is acting as an agent of the:
☐ Buyer ☐ Seller ☐ Dual ☐ Non-Agent
Purchaser(s) initials ______ ______ 4 of 4 Seller(s) initials ______ ______
25. OTHER CONDITIONS:
____________________________________________________________________________________________________________
____________________________________________________________________________________________________________
____________________________________________________________________________________________________________
____________________________________________________________________________________________________________
____________________________________________________________________________________________________________
____________________________________________________________________________________________________________
____________________________________________________________________________________________________________
____________________________________________________________________________________
By the execution of this Agreement, the Buyer acknowledges receipt of a copy of this Offer to Purchase.
IN THE PRESENCE OF:
____________________________________________ _____________________________________________
Witness Buyer
____________________________________________ _____________________________________________
Witness Buyer
Dated: _________________ Address: ______________________________________
______________________________________________
BROKER’S ACKNOWLEDGMENT OF DEPOSIT
Received from the above named Buyer the deposit money above mentioned, which will be applied as indicated in paragraph 4.
____________________________________________ _______________________________________________
Broker By
ACCEPTANCE: By affixing Seller(s) signature(s) hereto, Seller(s) accepts this Offer to Purchase and acknowledges receipt of a
copy hereof. Seller further agrees that If Purchaser has elected to use a licensed real estate Broker/Agent, Seller agrees to
pay said Broker/Agent for services rendered a commission of _______ % of the sale price stated above.
IN THE PRESENCE OF:
____________________________________________ _____________________________________________
Witness Seller
____________________________________________ _____________________________________________
Witness Seller
Dated: _________________ Address: ______________________________________
______________________________________________
The undersigned Buyer hereby acknowledges receipt of a copy of the Seller’s acceptance of the foregoing Offer to Purchase.
Dated: _______________
____________________________________________ _____________________________________________
Buyer Buyer
SELLER’S DISCLOSURE STATEMENT
Property Address:_____________________________________________________________________________
Purpose of Statement: This statement is a disclosure of the Condition of the property in compliance with the Seller
Disclosure Act. This statement is a disclosure of the condition and information concerning the property, known by
Seller. Unless otherwise advised, the Seller does not possess any expertise in construction, architecture, engineering
or any other specific area related to the construction or condition of the improvements on the property or the land.
Also, unless otherwise advised, the Seller has not conducted any inspection of generally inaccessible areas such as the
foundation or roof. This statement is not a warranty of any kind by the Seller or by any Agent representing the Seller
in this transaction and is not a substitute for any inspections or warranties the Buyer may wish to obtain.
Seller’s Disclosure: The Seller discloses the following information with the knowledge that even though this is not a
warranty, the Seller specifically makes the following representations based on the Seller’s knowledge at the signing
of this document.
Instructions to the Seller:
1) Answer ALL questions.
2) Report known conditions affecting the property.
3) Attached additional pages with your signature if additional space is required.
4) Complete this form yourself.
5) If some items do not apply to your property, check NOT available. If you do not know the facts, check
unknown.
FAILURE TO PROVIDE A PURCHASER WITH A SIGNED DISCLOSURE STATEMENT WILL
ENABLE PURCHASER TO TERMINATE AN OTHERWISE BINDING PURCHASE AGREEMENT.
Appliances/Systems/Services: The items below are in working order. (The items listed below are included in the sale
of the property only if the purchase agreement so provides):
Yes No Unknown N/A Yes No Unknown N/A
Range/Oven Sauna/Hot Tub
Dishwasher Lawn Sprinkler
System
Refrigerator Plumbing System
Hood/Fan Water
Softener/Conditioner
Disposal Well & Pump
Electrical System Septic Tank & Drain
Field
Garage Door
Opener & Remote
Control
Sump Pump
Alarm System City Water System
Intercom Central Air
Conditioning
Central Vacuum Central Heating
System
Attic Fan Wall Furnace
Pool Heater, Wall
Liner & Equipment Humidifier
Microwave Electric Air Filter
Trash Compactor Solar Heating System
Ceiling Fans Fireplace & Chimney
Washer Wood Burning Stove
Dryer
Explanations (attach additional sheets, if necessary: ___________________________________________________
_____________________________________________________________________________________________
_____________________________________________________________________________________________
Unless otherwise agreed, all household appliances are sold in working order except as noted, without warranty
beyond date of closing.
SELLER’S DISCLOSURE STATEMENT (Continued)
Property conditions, improvements & additional information:
1. Basement/Crawlspace: Has there been evidence of water?
If yes, please explain:
_____________________________________________________________________
2. Insulation: Describe, if known: ________________________________________
Urea Formaldehyde foam insulation (UFFI) is installed?
3. Roof: Leaks?
Approximate age if known: ______________________________________________
4. Well: Type of well (depth/diameter), age and repair history, if known: __________
_____________________________________________________________________
Has the water been tested?
If yes, date of last report/results: __________________________________________
5. Septic tanks/drain fields: Condition, if known: ____________________________
6. Heating System: Type/Approximate Age: ________________________________
7. Plumbing System: Type [ ] copper [ ] galvanized [ ] other__________
Any known problems?
If yes, please explain: ___________________________________________________
8. Electrical System: Any known problems?
If yes, please explain: ___________________________________________________
9. History of infestation, if any: (Termites, Carpenter ants, etc.)
If yes, please explain: ___________________________________________________
10. Environmental Problems: Are you aware of any substances, materials or
products that may be an environmental hazard such as, but not limited to, asbestos,
radon gas, formaldehyde, lead-based paint, fuel or chemical storage tanks and
contaminated soil on the property.
If yes please explain: ___________________________________________________
_____________________________________________________________________
_____________________________________________________________________
11. Flood Insurance: Do you have flood insurance on the property?
12. Mineral Rights: Do you own the mineral rights?
Other Items: Are you aware of any of the following? If yes, please explain:
1. Features of the property shared in common with adjoining landowners, such
as walls, fences, roads, driveways or other features whose use or responsibility
for maintenance may have an effect on the property?
2. Any Encroachments, easements, zoning violations or nonconforming uses?
3. Any “common areas” (Facilities like pools, tennis courts, walkways or other
areas co-owned with others) or a homeowner’s association which has any
authority over the property?
4. Structural Modification, alterations or repairs made without necessary permits
or licensed contractors?
5. Settling, flooding, drainage, structural or grading problems?
6. Major Damage to the property from Fire, wind, floods or landslides?
7. Any underground Storage tanks?
8. Farm or farm operation in the vicinity; or proximity to a landfill, airport,
shooting range, etc.?
9. Any outstanding utility assessments for fees, including any natural gas
main extension surcharge?
10. Any Outstanding municipal assessments or fees? [ ] unknown [ ] yes [ ] No
11. Any pending litigation that could affect the property or the Seller’s right to
convey the property?
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
[ ] Yes [ ] No [ ] Unknown
SELLER’S DISCLOSURE STATEMENT (Continued)
The seller has lived in the residence on the property from_____________(date) to_____________(date). The seller
has owned the property since _______________(date). The seller has indicated above the condition of all items based
on that information known to the seller. If any changes occur in the structural/mechanical/appliance systems of this
property from the date of this form to the date of closing, seller will immediately disclose the changes to the buyer. In
no event shall the parties hold any Broker or Broker’s Agent liable for any representations not directly made by the
Broker or Broker’s Agent. Sellers certify that the information in this statement is true and correct to the best of the
Seller’s knowledge as of the date of Seller’s signature.
BUYER SHOULD OBTAIN PROFESSIONAL ADVICE AND INSPECTIONS OF THE PROPERTY TO
MORE FULLY DETERMINE THE CONDITION OF THE PROPERTY.
Buyer is advised that certain information compiled pursuant to the sex offender’s registration act, 1994 PA
295, MCL 28.721 to 28.732 is available to the public. Buyers seeking such information should contact the
appropriate local law enforcement agency or Sherriff’s Department directly.
Buyer is also advised that the state equalized value of the property, homestead exemption information and
other real property tax information is available from the appropriate local assessor’s office. Buyer should not
assume that buyer’s future tax bills on the property will be the same as the seller’s present tax bills. Under
Michigan Law, real property tax obligations can change significantly when property is transferred.
Seller: ____________________________________________________ Date ______________
Seller: ____________________________________________________ Date ______________
Buyer has read and acknowledges receipt of this statement.
Buyer: ___________________________________________________ Date _______________
Buyer: ___________________________________________________ Date _______________
Disclaimer: This form is provided as a service of the Michigan Association of Realtors. Please review both the form
and details of the particular transaction to ensure that each section is appropriate for the transaction. The Michigan
Association of Realtors is not responsible for use or misuse of the form for misrepresentation or for warranties made
in connection with the form.
LEAD-BASED PAINT AND LEAD-BASED PAINT HAZARDS
DISCLOSURE OF INFORMATION FOR RESIDENTIAL SALES.
PROPERTY ADDRESS: _______________________________________________________________________
PURPOSE OF THIS STATEMENT:
The information provided in this statement is required to be provided by all sellers of residential housing. This
statement is required by the Residential Lead-Based Hazard Reduction Act of 1992 (42 U.S.C. 4852d).
LEAD WARNING STATEMENT:
Every purchaser of any interest in residential real estate on which a residential dwelling was built prior to 1978 is
notified that such property may present exposure to lead for lead-based paint that may place young children at risk of
developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including
learning disabilities, reduced intelligence quotient, behavioral problems and impaired memory. Lead poisoning also
poses a particular risk to pregnant women. The seller of any interest in residential real property is required to provide
the purchaser with any information on lead-based paint hazards from risk assessments or inspections in the seller’s
possession and notify the purchaser of any known lead-based paint hazards. A risk assessment or inspection for
possible lead-based paint hazards is recommended prior to purchase.
SELLER’S DISCLOSURE
1. The residence at the property address set forth above was constructed before 1978:
Yes ______ No ______ Unknown ______
(Seller must initial one)
If “No” is initialed, omit 2, and 3. Below, otherwise, seller must complete the rest of this disclosure and sign below.
2. Presence of lead-based paint and/or lead-based paint hazards (check (a) or (b) below):
a. ☐ Known lead-based paint and/or lead-based paint hazards are present in the housing (explain).
b. ☐ Seller has no knowledge of lead-based paint and/or lead-based paint hazards are in the housing.
3. Records and reports available to the seller (check (a) or (b) below):
a. ☐ Seller has provided the purchaser with all available records and reports pertaining to lead-based
paint and/or lead-based paint hazards in the housing (List documents below).
b. ☐ Seller has no records and reports pertaining to the lead-based paint and/or lead-based paint
hazards in the housing.
Seller certifies that to the best of his/her knowledge, the seller’s statement above are true and accurate.
Date: _______________________ Seller(s) ______________________________________________
______________________________________________
PRUCHASER’S ACKNOWLEDGEMENT
1. Purchaser has received copies of all information listed above.
2. Purchaser has received the federally approved pamphlet Protect Your Family From Lead in Your Home.
3. Purchaser has (checked (a) or (b) below):
a. Received a 10-day opportunity (or mutually agreed upon period) to conduct a risk assessment or
inspection for the presence of lead-based paint and/or lead-based paint hazards;
b. Waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based
paint and/or lead based paint hazards.
4. Purchaser has received a fully executed copy of this Disclosure.
5. If seller has initialed “No” in 1, only 4 of this section applies to Purchaser(s)
Date: _______________________ Purchaser(s) ___________________________________________
___________________________________________
MAXIMUS TITLE AGENCY, LLC
363 W. Big Beaver Rd.
Suite 215
Troy, MI 48084
844-558-4853 (phone & fax)
Payoff Request and Authorization Form
Lender:
Loan Number:
Borrower:
Subject Property:
To Whom It May Concern:
This is your authorization to forward a payoff letter to:
Maximus Title Agency, LLC, Attn: Escrow Department
FAX: 844.558.4853
Payoff figures should be good through: _______________________
I/We request and authorize you to release any and all information to Maximus Title Agency,
LLC.
Date: ____/____/________
Borrower Borrower
__________________________________ __________________________________ printed name printed name
__________________________________ __________________________________ signature signature
MAXIMUS TITLE AGENCY, LLC
363 W. Big Beaver Rd.
Suite 215
Troy, MI 48084
844-558-4853 (phone & fax)
EARNEST MONEY DEPOSIT ESCROW AGREEMENT WHEREAS, Buyer and Seller desire that the Earnest Money Deposit (“Deposit”) referred to in the attached Purchase
Agreement (“Contract”) be held in Escrow with Maximus Title Agency, LLC (“Escrow Agent”) under the following
terms and conditions:
1. Escrow Agent is authorized and directed to place the Deposit in a non-interest bearing account.
2. Escrow Agent is authorized to release the Deposit according to one of the following:
a) To Seller, upon receipt of a closing statement and copy of conveyance satisfactorily executed by Seller and
Purchase in consummation of the Contract.
b) In accordance with any written instructions signed by Buyer and Seller and said instructions shall indicate
the payee, method of delivery and amount.
c) To Buyer, upon receipt of proof that Seller was properly notified that Buyer elected to terminate the Contract
within the timeframe allotted without penalty, as defined in said Contract.
3. In the event of a dispute as to the disposition of the Deposit, Escrow Agent may elect to follow one of the following
courses of action at its sole discretion:
a) Escrow Agent may file an interpleader cause of action as provided by law. Buyer and Seller by signing this
agreement, agree they are estopped to deny the existence of an actual dispute and agree to interplead if Escrow
Agent elects, in its discretion, to interplead. Upon depositing the Deposit with the Court, Escrow Agent shall
be released from any further liability concerning said Deposit. Buyer and Seller agree that should an
interpleader be filed, Escrow Agent may charge the Deposit for attorney fees and costs of suit.
b) Escrow Agent in its sole discretion may elect to hold Deposit pending receipt of either:
i. Written instructions signed by the Buyer and Seller, which shall direct and authorize the disposition
of the Deposit.
ii. An Order of a Court of competent jurisdiction which constitutes a final determination as to the
disposition of the Deposit.
4. Upon making such delivery and performance of any other services included above, Escrow Agent will thereupon
be released and acquitted from any further liability concerning the deposit, it being understood and agreed such
liability in any event is limited by the terms and conditions set forth herein. By acceptance of this agreement,
Escrow Agent in no way assumes responsibility for the validity or authenticity of the subject matter of the deposit.
5. In the event that Escrow Agent’s duties conflict with any provision of the purchase agreement, this escrow
agreement shall control.
6. In the event of litigation affecting Escrow Agent’s duties relating to this deposit, Buyer and Seller agree to
reimburse Escrow Agent for any reasonable expense, including attorney fees.
7. If Deposit is received from a party other than the Buyer (“Depositor”), the following shall apply:
a. Deposit shall be applied as if received from Buyer.
b. Depositor shall have no rights, claims or interest in Deposit.
c. Depositor shall not be entitled to any refund of Deposit due Buyer unless Escrow Agent is provided with
written instructions from Buyer, directing funds to Depositor.
Date: ____/____/________
Buyer
___________________________________ ___________________________________ (signature) (signature)
___________________________________ ___________________________________ (printed name) (printed name)
Seller
___________________________________ ___________________________________ (signature) (signature)
___________________________________ ___________________________________ (printed name) (printed name)
Depositor (if other than Buyer)
___________________________________
Maximus Title Agency, LLC
______________________________
By:
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