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3.0 HRSR 12-07-2015
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3.0 HRSR 12-07-2015
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12/4/2015 12:02:08 PM
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12/4/2015 11:44:02 AM
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City Government
type
HRSR
date
12/7/2015
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iii. Receipt of Good Faith Deposit <br /> iv. Executed Broker Participation Agreement(if applicable) <br /> v. Determine property taxes, special assessments and pending assessments <br /> vi. Review title commitment and assist in clearing title issues <br /> vii. Review preliminary closing statement <br /> b. Closing Documents <br /> Prior to closing, CPED real estate staff and/or assigned City Attorney, in conjunction with <br /> the project coordinator, will prepare/confirm receipt of the following: <br /> i. Conveyance Deed <br /> ii. Tax Forfeiture Release (if applicable) <br /> iii. Note/Mortgage (if applicable) <br /> iv. Grant, Disbursement, & Escrow Agreements (if applicable) <br /> v. Seller's Affidavit (signed by Project Coordinator) <br /> vi. Certificate (Corporate/Partnership Transferor) <br /> vii. Certificate of Real Estate Value (CRV) <br /> viii. Final utility bills (if applicable) <br /> ix. Redeveloper Closing Letter <br /> x. Other documentation as required <br /> xi. Review/approve final settlement statement <br /> xii. Re-confirm with Project Coordinator that closing can be scheduled <br /> c. Closing <br /> CPED real estate staff and/or assigned City Attorney, in conjunction with the project <br /> coordinator, will coordinate and attend closing as necessary. CPED real estate staff <br /> requires a minimum of five (5) days notice of the closing date. <br /> d. Post-Closing <br /> Following the closing, CPED real estate staff will confirm/complete the following: <br /> i. Prepare final Notice of Land Sale <br /> ii. Prepare land sale proceeds remittance & deliver to CPED finance <br /> A. Distribute Notice of Land Sale <br /> B. Project Coordinator(with copies of closing papers) <br /> Updated as of 10/6/04 22 <br />
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