In this article I'll be going over the option for a buyer to possess a property prior to closing, specifically sharing the buyer possession agreement most typically used in Hampton Roads, VA. This document is different than a limited possession agreement and a seller possession agreement.
Here I'm sharing the document used primarily in Hampton Roads for buyer possession agreements in locations where REIN MLS is the primary MLS.
What is it?
How Long?
More Details
How is the Seller Protected?
Are There Any Incentives for the Seller?
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Security Deposit Disposition
All images courtesy Real Estate Information Network & Authentisign/TransactionDesk
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