Closing and Handover Document

Property Details:

Property Address: ____________________________________________

Buyer's Name: ______________________________________________
Seller's Name: ______________________________________________

Closing Date:

The agreed-upon closing date: ________________________________

Closing Process:

1. Seller's Responsibilities:
Ensure the property is in the agreed-upon condition as per the sales agreement.
Provide all necessary documentation, including title deeds, certificates, and
warranties.
Settle any outstanding dues or liens on the property, if applicable.
Prepare the property for handover, ensuring it is clean and vacant (if agreed upon).
2. Buyer's Responsibilities:
Arrange for the necessary funds or financing to complete the purchase.
Conduct a final walkthrough of the property to ensure it meets the agreed-upon
condition.
Review and sign all necessary documents, including the transfer of ownership.

Handover Process:

1. Property Handover:
The seller will hand over all keys, access cards, and relevant security codes to the
buyer.
The buyer will have access to all necessary utilities, such as electricity, water, and gas,
transferred to their name.
2. Documentation Handover:
The seller will provide all relevant property documents, including title deeds, survey
reports, warranties, and manuals, to the buyer.
The buyer will acknowledge receipt of these documents and confirm their
understanding of their contents.
3. Utilities and Services:
The seller will inform the appropriate utility companies (electricity, water, gas) of the
change in ownership and provide the necessary information for the transfer.
The buyer will arrange for the transfer of utilities and services to their name, ensuring
a seamless transition.
4. Final Payment:
The buyer will make the final payment as per the agreed-upon terms and conditions.
The seller will acknowledge receipt of the final payment and provide a signed receipt.

Closing and Handover Confirmation:

I, [Seller's Name], hereby confirm that the property described above has been sold to
[Buyer's Name] on [Closing Date]. I have fulfilled all the necessary responsibilities and have
handed over the property and all relevant documents to the buyer in accordance with the
sales agreement.

I, [Buyer's Name], hereby confirm that I have received the property, all keys, access cards,
and relevant documentation from the seller. I acknowledge that the property is in the agreed-
upon condition, and I am responsible for transferring utilities and services to my name.

Signatures:

Seller's Signature: __________________________

Date: _____________________________________

Buyer's Signature: __________________________

Date: _____________________________________