STANDARD SET-UP FOR SALE OF BUSINESS
COLLECTION ESCROW INSTRUCTIONS
Please
include all contact information; cell phones, email, etc.
Banking
Information for auto deposit-must complete ACH credit form & include
voided check.
Banking
Info for auto withdrawal-must complete ACH debit & form include
voided check.
EXHIBIT "A" - COLLECTION OF LATE CHARGES - IF REQUESTED
EXHIBIT "B" - TAX AND/OR INSURANCE RESERVE ACCOUNT AGREEMENT- IF REQUESTED
Property
Taxes - Include Property Tax Statement
Fire
Insurance - Include Fire Insurance Binder
CONTRACT
OF SALE
UCC
FILINGS IF APPLICABLE
TRUSTEE'S
CERTIFICATION STATEMENT IF APPLICABLE
POWER
OF ATTORNEY OR PERSONAL REPRESENTATIVE VERIFICATION (IF APPLICABLE)
W-9 FOR ALL PARTIES: HUSBAND AND WIFE
LLCs and
corporations please provide tax identification numbers
LLCS
please provide a copy of the Operating Agreement
FEE SCHEDULE (INITIALED BY EACH PARTY)
PRIVACY POLICY (INITIALED BY EACH PARTY)
