What Documents Do Solicitors Need When Selling a House

Your lawyer will need to see photo identification, such as your passport or driver`s license, as well as proof of address, such as a recent bank statement or utility bill. If your mortgage is in two names, you will both need to provide proof of identity. We are often asked, “What documents do I need to sell my house?” In this guide, we cover all the important documents you need – if you follow this step by step, you`ll avoid months of delays and stress. The EPC Energy Performance Certificate is an important document that you must present when selling the property you live in if you are in England and Wales, especially if you are selling a Green Deal property. Manuals and warranties Like home repair and maintenance records, equipment manuals and warranties let the buyer know in what form they inherit these items when they move into their new home. You need to provide buyers with manuals and warranties for things like: The Seller`s Property Information Form (TA6) is a lengthy form that you need to fill out. If you finish TA6 as soon as possible, you will have time to find all the answers. Typically, the lawyer will send you the form as soon as you are notified, usually when a buyer is found. Airline ownership rights are quite common, but many homeowners don`t know how they can influence the sale of their home. Here`s what you need to know.

Although each state`s laws are different, they all follow a similar format. If a seller or their representative is aware of a problem in a home that could affect the health or safety of a resident, they are required to communicate this information to the buyer. Some states require more documentation than others, so be sure to research the laws in your area. Now that you`ve completed the closing process, it`s time to get flexible and save those most important transaction documents: The report, which is typically around 10 pages or less (although some can be as long as 100 pages), includes comparable local properties with photos and details about each property, including the house to be evaluated. the estimated value, how the appraiser determined the value, and the factors considered by the appraiser. It also gives the buyer an idea of the cost of their home insurance when they move in. The energy performance certificate (EPC) must be attached when selling your property. This document is an assessment of your home`s energy consumption and its CO2 impact, supplemented by an assessment from G (minimum efficiency) to A (maximum efficiency). If you do not have a CPE from the last 10 years, you will need to obtain one from a qualified evaluator. This can usually be arranged through your real estate agent (read our guide to EPC costs here).

If you are in Scotland, you will need a Home Report, which must have been produced within the last 10 weeks to be accepted. The only exceptions are (a) if your property has been marketed continuously since the last production of a valid property, or (b) if it is a new construction or conversion and has not been occupied since the construction or conversion. We couldn`t account for every piece of paper specific to selling your home, so ask the right professionals to do the heavy lifting and ask them to go through every t and drill through every i on your behalf. Government guidelines for selling a home suggest that, if necessary, you should submit common wall agreements for work that affects a wall shared with your neighbor. It also suggests any insurance policies you bought when buying your home, such as liability insurance. These may want to be taken over by the new owner. The details of restrictive agreements will also be relevant. The documents requested by your lawyer in the transfer process vary depending on whether you are buying or selling the property. Home repair and maintenance records Home repair and maintenance records are tangible proof of all the work you did on your home while you proudly owned it. These records also let buyers know what needs immediate attention when moving in. Your repair and maintenance records should include the following: If your property is a hereditary building right, you will need to provide some important documents. The first, the Hereditary Property Rights Information Form (TA7), can be completed immediately.

This collects all the information you know about the lease, the free landlord, the management company and any other parties involved. In some cases, you may need additional documents, such as if you sold a deceased parental home. In this scenario, you will need an estate licence – a document confirming that you have the authority to administer your deceased parent`s estate and therefore be able to sell their home. If you find yourself in this situation but don`t know how to get a discount, give us a call and we can tell you how to proceed. So think back to the first purchase of your home and try to find the files and emails. Your sponsor also needs to know the amount required to pay off the mortgage. The lawyer will ask the lender for an accurate mortgage statement before the exchange. There are a number of tasks you need to take on to prepare, list and sell your home. There is also apparently a mountain of real estate documents that need to be found, filled, signed and processed in order to sell your home quickly and smoothly.

In this article, we will go over the real estate forms you need to prepare at each stage of the sale of your home.