Responsibilities of The Seller in a Real Estate Transaction
- Real Estate Commission & Realtor Fees – if applicable
- Document Preparation for the Deed
- Documentary Transfer Tax- Approximately $8.60 Per Thousand of Sales Price
- Any Closing Costs Required by Buyer’s Lender – if Negotiated in Sales Contract
- Pay off of All Loans/Liens in Seller’s Name & Wire Fee/Overnight Fee
- Radon fee & Remediation – if applicable
- Termite Inspection – if required
- Termite Treatment & Repair – if required
- Water, Well and Septic – if required
- Home Warranty – if required
- Any Judgement, Tax Liens Against the Seller
- Tax Proration and /or Current Taxes Owed
- Any Unpaid Homeowner’s Dues – if required
- Recording Charges to Clear all Documents of Record Against Seller
- Any Unpaid Special Assessments – if required
- Escrow Fees- if Applicable To Closing
- Any Unpaid Utility Connection Fees
- Owners Title Insurance Premium
- Closing Fee
