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

NAME(S) YOU WOULD LIKE ON TITLE

ADDITIONAL QUESTIONS

** If your answer is no, please advise if you will be using a power of attorney.
Estimated price: $230.00*

LENDER INFORMATION

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

SETTLEMENT INFORMATION

please provide 2 options
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

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:
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.
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.

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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.
   
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