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Checklist for the buyer

The following documents are needed for escrow:

  • Fully signed contract or document for the instructions
  • EMD
  • Items or documents as per the contract
  • Valid photo ID
  • Authorizations if needed
  • Business broker disclosures and agency relations if needed
  • Record inventory of all furniture, fixtures, and equipment of the business being conveyed in the sale, including any vehicles
  • Allocation of funds list
  • Obtain the name, address, telephone number, and corresponding account numbers of the landlord and other relevant parties
  • Open escrow; sign escrow instructions and preliminary documents for filing/publication
  • Copy of DBA name statement or any other business names if it is LLC/corporation /partnership
  • Other government, lender and other agency required documents which need to be sent from escrow