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> Closing Checklist
Closing Checklist
Preparation
Gather all necessary documents and paperwork.
Ensure all required signatures are obtained.
Double-check accuracy of all financial calculations.
Review any outstanding issues or discrepancies.
Financials
Reconcile and balance all accounts.
Verify all payments are made and recorded.
Prepare final financial statements.
Confirm accuracy of closing costs and fees.
Legal
Review all legal documents for completeness and accuracy.
Ensure all necessary legal filings are completed.
Obtain necessary approvals and clearances.
Confirm compliance with all applicable laws and regulations.
Property
Conduct final walkthrough and inspection.
Verify all repairs and maintenance tasks are completed.
Transfer keys, access codes, and security information.
Update property records and ownership details.
Communication
Notify all parties involved about the closing.
Confirm receipt of funds and payments.
Provide copies of final documents to relevant parties.
Respond to any inquiries or requests for information.
Post-Closing
Follow up on any outstanding matters or loose ends.
Archive and store all closing documents securely.
Update internal records and databases.
Conduct a post-closing evaluation and review process.
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