Kristen M Buyer Form Step 1 of 5 20% Property Address(Required) Street Address Address Line 2 City StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code Buyer InformationNumber of buyers(Required)How many buyers are purchasing?123Buyer 1 Name(Required)PLEASE PROVIDE NAME AS IT SHOULD APPEAR ON TITLEBuyer 2 NamePLEASE PROVIDE NAME AS IT SHOULD APPEAR ON TITLEBuyer 3 NamePLEASE PROVIDE NAME AS IT SHOULD APPEAR ON TITLEForwarding Address if property will not be your residence. Street Address Address Line 2 City Mailing StateAlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code Phone(Required)Email(Required) Buyer PreferencesWill you be using a lender for this purchase?(Required)YesNoLender Name(Required)Lender Contact Person(Required)Lender Phone Number(Required)Homeowner Insurance Company(Required)Homeowner Insurance Contact Person(Required)Homeowner Insurance Phone Number(Required)Will you be getting flood insurance?(Required)YesNoFlood Insurance Company(Required)Flood Insurance Contact Person(Required)Flood Insurance Phone Number(Required) Miscellaneous InformationWill the Buyer(s) attend the closing?(Required)Will the Buyer(s) attend the closing?YesNoDoes the Buyer a Power of Attorney?(Required)Does the Buyer a Power of Attorney?YesNoPlease Note: all documentation for the Power of Attorney must be completed prior to the closing date.If Buyer is providing a CL-100, please send our office a copy, with an invoice or a paid receipt. Please Note: a CL-100 is only valid for 30 days. If Buyer is providing a Home Warranty, please send our office the invoice. Please Note: the invoice must be received prior to closing in order to be collected on the HUD. PLEASE NOTE: IF THE BUYER IS BRINGING MONEY TO CLOSING IN EXCESS OF $1000 ALL FUNDS MUST BE WIRED AND RECEIVED IN OUR TRUST ACCOUNT PRIOR TO DISBURSEMENT. Thank you for choosing The Butler & College Law Firm! DISCLOSURE REGARDING LEGAL SERVICESPurchasers(Required)This field is hidden when viewing the formProperty Address Property address from page 1 Street Address Address Line 2 City AlabamaAlaskaAmerican SamoaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaGuamHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaNorthern Mariana IslandsOhioOklahomaOregonPennsylvaniaPuerto RicoRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahU.S. Virgin IslandsVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific State ZIP Code Congratulations on your upcoming real estate transaction! We are pleased you have selected our firm for your real estate needs. Below please find our disclosures regarding legal services and multi-party representation. Please review these disclosures at your earliest convenience and sign and return them via fax or email to the real estate paralegal assigned to your file. Please feel free to contact us should you have any questions or concerns. In connection with your upcoming sale of real estate, you are hereby advised that the services rendered by the law offices of BUTLER & COLLEGE, LLC, acting as your attorney in this transaction, shall include the following: 1. Review of the Contract for Sale of Real Estate, including any accompanying addendums, extensions, and additional related agreements, if any, to ascertain that all contractual terms are addressed. 2. Review of all applicable loan documentation, to include the title commitment, closing instructions, and loan closing package to ascertain that all loan requirements are addressed. ***Please Note: BUTLER & COLLEGE, LLC makes no representation as to any loan terms, loan payments, escrow sums or collections, or any other fees specifically devised by the Lender to satisfy loan requirements. 3. Examination of all applicable public records to ascertain the validity of the title to the property and to identify any encumbrances, discrepancies or errors that would affect the validity of said title. Preparation of preliminary legal title opinions as to status of title as shown from examination of public records. 4. Examination of tax records to determine status of ad valorem taxes and assessments, if applicable. 5. Coordination of the receipt of any CL-100/Termite Reports, bonds or guarantees, homeowner association requirements and fees for the transfer of property*, insurance requirements and any invoices concerning property repair, if applicable. ***Please Note: BUTLER & COLLEGE, LLC will request all Homeowner’s Association documentation and applicable fee information from the Homeowner’s Association when our firm represents the Seller(s). If the Seller(s) has alternative representation, BUTLER & COLLEGE, LLC will rely on the information provided to our firm by the Seller’s attorney. Any discrepancies in the documentation or fee information provided by the Homeowner’s Association are the sole responsibility of the Purchaser(s) and Seller(s) to resolve. 6. Coordination and scheduling of the closing date, time and location with all parties related to the transaction to include: Realtor(s), Seller(s), Purchaser(s), Lender(s) and other law offices, if applicable. 7. Closing of the transaction, including supervision of the execution of all applicable closing and loan documentation and the collection and disbursement of all amounts due in conjunction with the transaction. ***Please Note: BUTLER & COLLEGE, LLC will make full payment to the Homeowner’s Association immediately following closing, based on the documentation and fee information provided by the Homeowner’s Association. BUTLER & COLLEGE, LLC cannot warrant the accuracy of the documentation and fee information provided by the Homeowner’s Association and cannot control the expediency in which the Homeowner’s Association deposits the payment mailed to their office. Any late fees incurred by the Purchaser(s) from the Homeowner’s Association, through no fault of BUTLER & COLLEGE, LLC, shall be the sole responsibility of the Purchaser(s). In addition, BUTLER & COLLEGE, LLC is not responsible for any insurance assumption documentation not provided by the Lender as a requisite for closing; all insurance assumption documentation is the responsibility of the Purchaser(s) and Seller(s). 8. Disbursement of all applicable payoffs for prior Mortgages, lien claimants, delinquent taxes and assessments to insure good and marketable title in favor of the Purchaser(s). ***Please Note: BUTLER & COLLEGE, LLC will rely solely on the payoff information provided by the Seller(s) and/or the attorney of the Seller(s) if the Seller(s) has alternative representation. It is the responsibility of the Seller(s) and/or the attorney of the Seller(s) if the Seller(s) has alternative representation, to provide all necessary payoff information to BUTLER & COLLEGE, LLC. 9. Supervision of the recordation of all General/Limited Warranty Deeds, Mortgages and other requisite closing documentation in the appropriate Register of Deeds/Register of Mesne Conveyance County Offices. 10.Transmittal of all complete and original loan documentation to the Lender, if applicable and to the Purchaser(s) for their records. The above items are the legal services attributable to the representation of the Purchaser(s) for the purchase of real estate or refinance of real estate, which shall be performed by the law offices of BUTLER & COLLEGE, LLC. Attorney fees will appear on the final settlement statement, but may be requested from our office at any time prior to closing. We thank you for the opportunity to represent you in this important transaction. The undersigned CONSENTS to an audit of the trust account of BUTLER & COLLEGE, LLC by any title insurance company to insure that all funds paid to BUTLER & COLLEGE, LLC, as attorney, are properly disbursed; said audit being limited to verify receipts and disbursements (SC Bar Ethics Opinion 89-03). It is the policy of this firm to retain physical possession of the original of your file for a minimum of six (6) years, and after that time we will destroy your file on your behalf. We will retain the financial record of the transaction for a period of at least six (6) years. By execution hereof, you consent to the destruction of all documentation as set out above. I/We acknowledge receipt of the within Disclosure Regarding Legal Services and Attorney Fees.Purchaser 1 Signature(Required)Purchaser 2 Signature MULTI-PARTY REPRESENTATION DISCLOSURE AND CONSENTThe undersigned acknowledge that the Settlement Agent represents or may represent one or multiple interests with respect to this transaction, the borrower(s), the lender, and the title insurance company. The undersigned further acknowledge that in representing these parties, the Settlement Agent has advised each of them that they have rights and responsibilities which do or may conflict one against the other. Because of these conflicts or potential conflicts, any attorney of Settlement Agent may not be able to represent any single one of these parties as adequately as (s)he could represent that party if he/she were not engaged in multiple representation. The undersigned acknowledge and consent to such multiple representation. Discussion of Joint Representation and Potential Conflicts of Interest An impermissible conflict is possible when the attorney serves in the roles set forth above during a real estate closing. At the beginning of the representation, the attorney must fully advise the clients of the possible effect of such joint representation on the exercise of his independent professional judgment and to obtain the informed consent of the joint clients to such representation. With respect to the Purchaser, the closing attorney must also fully advise of the possible effect on the attorney's professional judgment caused by the closing attorney's duties to the lender and to the title insurance company as its agent or by his own financial interest in receiving a commission on any title insurance policies written, as well as the availability of title insurance coverage from other insurers. Our Rules of Professional Conduct, specifically Rule 1, govern situations where there is a potential conflict of interest. Relevant factors in determining whether there is a potential for adverse effect include the duration and intimacy of the lawyer's relationship with the client or clients involved, the functions being performed by the lawyer, the likelihood that actual conflict will arise and the likely prejudice to the client from the conflict if it does arise. The Settlement Agent, after careful consideration of all the circumstances involved, is informed and believes that multiple representation in this real estate transaction is permissible under the Rules of Professional Conduct. We find that this matter can be resolved on terms compatible with each client's best interest and that there is no risk of material prejudice to any clients by undertaking the multiple representation. We also believe that this matter can be undertaken impartially without having an improper or adverse effect on the duties we have to any of the clients. Detriments of Joint Representation Although attorney client confidences are generally privileged and therefore protected the closing attorney may need to give confidential information to a joint client that the other joint client does not want revealed. There is also an enhanced risk of the closing attorney's disqualification from further representation if a conflict arises between the joint clients. The closing attorney may have to withdraw from representation of parties if any of the clients demand it or if a conflict arises between the jointly represented clients with the ensuing need for the parties to start afresh with a new attorney who is not familiar with the transaction. Withdrawal of Representation Upon Conflict Between Parties The undersigned further acknowledge that in the event that a conflict arises during or after closing which cannot be resolved by discussions among the parties, it would then be the responsibility of Settlement Agent to withdraw from representation of all parties for this matter, and that all parties would be under an obligation to seek independent counsel for the reconciliation of these conflicts. The undersigned parties acknowledge that they are not aware of any conflict among the parties. The undersigned further agree to promptly inform the Settlement Agent should any conflict arise between the parties. I/We acknowledge receipt of the within Multi-Party Representation Disclosure and Consent.Buyer 1 Signature(Required)Buyer 2 SignatureBuyer 3 SignaturePhoneThis field is for validation purposes and should be left unchanged.
