Purchase Package

 Attention To Selling Agents:

1.Some of the PDF files below are interactive forms. If you want all the files (such as 

   Purchase Contract) to be interactive, please contact your office manager. 

   Please download the updated Adobe Reader (free) to view all the files below.

2. Pending File: Agent must email (or see other option*) your office manager the complete

    purchase package below in ONE PDF file as soon as a pending contract is created. 

   (How to turn physical pages into ONE PDF file)

   Purchase Package Required Documents:

• Pending/Closing Report
• Purchase Contract 
• Purchase Contract Addendum (If applicable)
• Purchase Contract-Vacant Land (If applicable)
• House Sale Contingency Addendum (If applicable)
• House Sale Concurrency Addendum (If applicable)
• Amendment-Removal Of Concurrency/Contingencies
• V.A. Addendum (If applicable)
• F.H.A Addendum (If applicable)
• Condominium Addendum (If applicable)
• Vacant Land Amendment-Removal Of Contingencies (If applicable)
• Consumer Guide To Agency Relationship
• Agency Disclosure Statement
• Residential Property Disclosure Form (Get from listing agent)
• Lead-paint Disclosure (Get from listing agent if property was built before 1978)

   Purchase PackageOptional Documents:

• Exclusive Buyer's Agency Agreement
• Home Owner's Warranty (Agent will get $35 by using First American HOW)
• Mutual Release

3. Closing File: Agent must also email (or see other option*) office manager

• Complete Pending/Closing Report
• Copy of the signed HUD
• Additional contract addendum (if any) 
• Copy of the bank dated stamped receipt for the commission check
• Copy of the home warranty order form with confirmation number (if applicable) 

    in ONE PDF file within 48 hours of closing.

4. Commission Check: Agent must deposit the commission check into Ownerland 

    Realty's Operating Accountin NATIONAL CITY BANK. 

    (Find a National City Bank near you)

• The Company's operating account number is: 983410202. Make for "deposit

         only", no signature is required. If you can not remember the account number, ask the

          banker to look under the "address tab" for Operating Account.

•  OwnerLand Realty will direct deposit agent's commission into agent's personal 

          account within 48 business hours after the commission check has been deposited.

5. Earnest Mony: If an earnest money check is made out to Ownerland Realty, Inc. a copy 

    of the check together with the bank dated stamp receipt must also be emailed within the 

    Pending File. Agent must deposit the earnest money check into OwnerLand Realty's

    Trust Account in NATIONAL CITY BANK on a timely manner according to the 

    contract. The company's trust account number is: 983410034. Make for "deposit only', 

    no signature is required. If you can not remember the account number, ask the banker 

    look under the "address tab" for Trust Account. 

6. Other Option*: Instead of E-mail the Pending and Closing File Agent could also 

    physically bring these files to the office. Agent needs to pay $199 paper file processing

    fee for each transaction by choosing this option.