WEST'S®
LEGAL FORMS
THIRD EDITION
VOLUME 19
REAL ESTATE TRANSACTIONS
RESIDENTIAL REAL ESTATE
By
GERRY W. BEYER
Professor of Law
St. Mary's University School of Law
Sections 1.1 to 31.0
THOMSON
*
VVEST
Mat #40037903
SUMMARY OF CONTENTS
Volume 19
PART I. PURCHASE AND SALE OF RESIDENTIAL
REAL ESTATE
Page
Chapter
1.
2.
3.
4.
5.
6.
7.
8.
Preparation For Residential Real Estate Transactions ------------1
Contracts With Sales Agents ------------------------------------------------ 14
Offers To Purchase ------------------------------------------------------------- 33
Contracts For Sale .------------------------------------------------------------- 42
Contracts For Deed (Installment Land Contracts) ------------------- 89
Contracts For Exchange Of Land ------------------------------------------ 101
Option Contracts ---------------------------------------------------------------- 124
Notices ------ -------------- ---------- ------- --- ------------- -- ------------ --- -- ------ 139
PART II. CLOSING THE TRANSACTION
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
How to Search a Title---------------------------------------------------------Abstracts Of Title --------------------------------------------------------------Title Opinions -------------------------------------------------------------------Title Insurance------------------------------------------------------------------Documents Clearing Title ---------------------------------------------------Escrows-- ------ ---- ---- -- ---- ------------------ --- -------------------- --------- ----Uniform Acts Concerning Sale Of Real Estate--------------------_____
Interstate Land Sales Disclosure Act ------------------------------------Real Estate Settlement Procedures Act ---------------------------------The Closing ----------------------------------------------------------------------Federal Income Tax Considerations---------------------------------------
145
161
171
180
223
238
253
256
274
305
314
PART III. DEEDS
20.
21.
22.
23.
24.
25.
26.
27.
General Information And Statutory Deed Forms------Deeds For Particular Circumstances-------.--.. ---------------------_____
Property Description ---------- ------ -- ----------------- -- ---------------------Encumbrances And "Subject To" Clauses -----------------------------Restrictions ---------------------------------------.---------------------------____
Covenants For Title -----------------------------------------------------------Miscellaneous Deed Clauses -------------------------------------.----------Acknowledgments---------------------------------------------------------------
327
385
405
428
452
507
520
543
VII
SUMMARY OF CONTENTS
PART IV. EASEMENTS, LICENSES, AND PARTY WALLS
Page
Chapter
28. Easements ------------------------------------------------------------------------- 566
29. Licenses ---------------------------------------------------------------------------- 626
30. Party Walls------------------------------------------------------------------------ 630
Volume 19A
PART V. RESIDENTIAL REAL ESTATE FINANCING
31.
32.
33.
34.
35.
36.
37.
38.
39.
40.
41.
42.
43.
44.
Introduction To Residential Real Estate Financing---------------___
Mortgage Loan Applications And Related Documents -------------Federal Truth In Lending Act ---------------------------------------------Ordinary Mortgages -----------------------------------------------------------Deeds Of Trust------------------------------------------------------------------Mortgage Notes -----------------------------------------------------------------Federal Forms ----- --- --- --- ---- --- ----- ---- -- ----- --- ---- ------ ------ ----- -- ----Other Mortgage Forms -------------------------------------------------------Mortgage And Deed Of Trust Provisions For Specific Purposes
Assignment Of Mortgages ---------------------------------------------------Satisfaction, Release, And Discharge Of Mortgages-----------------Extension Of Mortgages -----------------------------------------------------Subordination Agreements--------------------------------------------------Foreclosure Documents -------------------------------------------------------
1
14
25
58
98
127
156
222
258
295
303
312
322
331
PART VI. RESIDENTIAL LEASING
45.
46.
47.
48.
49.
50.
51.
52.
53.
54.
55.
56.
57.
58.
59.
60.
61.
62.
63.
64.
65.
66.
67.
68.
VIII
Introduction To Residential Leasing -------------------------------------Agreements For Lease --------------------------------------------------------House Leases --------------------------------------------------------------------Apartment Leases--------------------------------------------------------------Condominium Leases ---------------------------------------------------------Mobile Home Park Space Leases------------------------------------------Lease Clauses-Description Of Premises -------------------------------Lease Clauses-Term Of Lease ---,.---------------------------------------Lease Clauses-Delivery Of Possession ---------------------------------Lease Clauses-Insurance---------------------------------------------------Lease Clauses-Rent ----------------------------------------------------------Lease Clauses-Security Deposits ----------------------------------------Lease Clauses-Alterations And Improvements----------------------Lease Clauses-Maintenance And Repair Of Premises ------------Lease Clauses-Use Of Premises -----------------------------------------Lease Clauses-Destruction And Condemnation Of Premises____
Lease Clauses-Renewal And Extension Of Lease ------------------Lease Clauses-Non-Liability And Indemnity--------------------- __ ,_
Lease Clauses-Assignments And Subleases --------------------------Lease Clauses-Default Rights And Remedies------------------------Lease Clauses-Rights On Termination --------------------------------Lease Clauses-Options------------------------------------------------------Lease Clauses-Taxes And Utilities--------------------------------------Lease Clauses-Miscellaneous ----------------------------------------------
340
355
361
398
430
452
475
478
481
487
492
498
503
511
520
525
534
540
546
552
560
570
576
582
SUMMARY OF CONTENTS
Page
Chapter
69.
70.
71.
72.
Notices ----- ---. -.. ----- -- --- --- --- ---- --- -.. -------- ------ --- --- -- -- -- --- -- -Assignments And Subleases ---.------------.- ..... -.-.------------------...Modification Of Leases --------------.-------------------------------.--------Agreements Concerning Leases--.----------.----------------------.-- .. ----
596
607
620
627
Table of Laws and Rules------_.--._.----------------.------_.------------------ 637
Index -------.-------------------------------------._-----------------------------.-------- 645
IX