Purchaser Information Sheet
Please fill in all required and applicable fields on this secured form.
Failure to submit a completed form in a timely manner may cause delay in settlement.
Purchaser 1 Marital Status
Purchaser 1 Attending Closing
Purchaser 2 Marital Status
Purchaser 2 Attending Closing
Purchaser 3 Marital Status
Purchaser 3 Attending Closing
Purchaser 4 Marital Status
Purchaser 4 Attending Closing
2nd Mortgage Lender (if applicable):
Please check the applicable box below if the purchaser(s) do(es) or do(es) not wish to have NEW WORLD TITLE & ESCROW order a house location survey of the subject property, the cost of which will be paid at settlement. Without a current survey, your owner's title insurance ploicy may except from coverage all title defects that would appear on a survey of the property. PLEASE NOTE: PROPERTY CORNER MARKING IS PERFORMED ONLY UPON REQUEST, AND AT AN ADDITIONAL CHARGE. PLEASE CONTACT YOUR PROCESSOR TO REQUEST CORNER MARKING.
Would you like to order a House Location Survey?
Purchaser(s) intend(s) on taking title in the following manner. NOTE: See descriptions below.
Tenants by the Entirety
A special form of ownership reserved only for married couples. Each spouse holds a one-half undivided interest in the entire property, and each must agree in a disposition of the property. Should one spouse pass away before the other, title to the property automatically transfers to the surviving spouse. The property is not subject to the claims of most creditors of only one spouse.
Joint Tenants with Common Law Rights of Survivorship
Two or more owners may hold title this way. Each owner holds an undivided interest in the entire property, and all owners must agree in any disposition of the property. Should any one owner pass away before the other(s), the deceased’s interest in the property automatically transfers to the surviving owner(s). The property may be subject to the claims of a creditor of one of the owners.
Tenants in Common
Two or more owners may hold title this way. Each owner may transfer their interest without the consent of the others. Should any one owner pass away the other owner(s), the deceased’s interest does not automatically transfer in the surviving owners. Rather, their interest in the property passes to their heirs.
When the property is conveyed to a single owner, the owner has the exclusive use and benefit of the property and the right to dispose of it.