Tags
Addendum, Addendum to Purchase & Sale Agreement, Assent Forms, Attorney, Attorney General, Beneficiaries, Buyer's Attorney, Closing, Closing Date, Contract to Purchase Real Estate Form, Estate Rental Property, Executor, Formal Probate Process, Investors, Massachusetts Attorney General, probate, Purchase & Sale Agreement, Rider, Rider to Purchase & Sale Agreement
After signing the contract to purchase real estate, it was time to deal with the purchase & sale agreement and probate. As mentioned in the article Selling the Estate Rental Property: Accepting an Offer, investors made a cash offer to buy the rental property on April 3, 2013. After agreeing to accept the offer, both parties signed the contract to purchase real estate.
The next step in the process was to sign the purchase & sale agreement. So, on April 5, 2013, my attorney sent me the purchase & sale agreement. In addition, the buyer’s attorney sent my attorney an addendum and rider to the purchase & sale agreement, which my attorney forwarded to me. After sending all the paperwork, my attorney told me to review the paperwork and return an email with my thoughts.
Additionally, to close on the property, my attorney needed to send assent forms to all beneficiaries to get their approval on the sale of the property and the agreed upon price. So, with the closing scheduled for April 30, 2013, dealing with the purchase & sale agreement and probate were two important tasks.