PROPERTY TURNOVER SHEET

Property turnover sheet form explained

Though it be buying or selling it is the most important decision for everyone. The sales of any estate that are real are initiated by the buyer to the seller. Whenever the seller accepts the offer both the seller and the buyer are bound to sign a contract.

It is a very simple agreement that is legally done. In this agreement the seller receives money from the buyer to get some exclusive rights to purchase a property piece from the seller for a decided price and for decided terms. It is dual sided contract as it has commitments that both the parties have to complete. It is a contract to either purchase or sale properties on real estates. Any of the property that is land, building, or any other resources that are natural can be used for property turn over. It consists of both business properties as well as residential properties.

The contract has all the needed details of the property as well as the offer amount, full name of both buyer and seller, all terms and conditions, the closing date of sale of the property and other legal needful. It acts as the legal proof of all agreements between the two parties. It is made by real property agents or attorneys. It is very much important for you to understand all the intricate details of this and then apply to property turnover sheet as it will than clear all your doubts and grievances.

 

Property Turnover Sheet

Property Turnover Sheet

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Sample Template Preview

THE PINNACLE GROUP LLC

PROPERTY TURNOVER SHEET

 

ADDRESS:_______________________________________  ZIP_________   KEY MAP_____

PROJECT ACQUISITION/START DATE:___________________

COMPLETED/DATE

Turn on Electric (Phone : _________________)            ___________________
Turn on Gas (Phone : ______________________) —         ___________________
Is there a water meter? Turn on water                   ___________________
Install Lockbox                                         ___________________
Replace Roof?  Y____  N____ If yes, measure             ___________________
Paint – Complete or Touch Up                            ___________________
Garage Doors – OK, Repair or Replace: size__________    ___________________
Carpet – Replace or Clean                               ___________________
Trash Removal                                           ___________________
General Cleaning – Rehab or Turnover                    ___________________
Exterminate                                             ___________________
Yard                                                    ___________________
Re-key locks                                            ___________________
Security Devices Required:                          ___________________
Drop Bolts:____  Slider Pins:____  Peep Holes:____
Window latches:____  Keyless Dead bolts:____
Slider handle/bar:____  Smoke Detectors needed:#____
Batteries Replaced: #_____
Yard Sign                                               ___________________
Flyers                                                  ___________________
Street Signs                                            ___________________
Newspaper Ads                                           ___________________
Other:__________________________________________
__________________________________________

NOTES:_____________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________

PROJECT SUBSTANTIAL COMPLETION DATE:                    ___________________