Early Possession Agreement Form
State:
Multi-State
Control #:
US-02595BG
Format:
Word;
Rich Text
Instant download
Description
This Agreement is used to allow the purchaser to take early possession of the property before the closing date for an agreed period of time and rental rate. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
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Allowing the buyer to take early possession raises issues of liability, as the insurance remains with the seller until the home sale is complete. If a seller does want to grant a buyer early possession, they should insist that the buyer sign a written agreement.This form is not a lease agreement. By a Purchase Agreement dated. (c) Access to Property: Seller shall provide reasonable access to the Property through the earlier of Closing or possession by.