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Seller Advice: 5 Legal Tasks to Do Before You Leave

By
Real Estate Agent with eXp Realty 01780829

The development of internet and strong online communities has changed the way people looked out for advice. With internet on your hand, you can find out almost anything within minutes and same is the case with shifting to a new house. Instead of calling up your known Menifee realtor for advice, you can simply search over the internet for tips for packing, transport, new house tips, and any other issues involved in the process. 

But, when you move it is much more than just packing up your bags and leaving your old house. There are a lot of legal proceedings involved in the process and you need to take care of them. As an experienced Menifee realtor, I would like to highlight some of the most important legal points that you should consider before shifting to your new residence.

Get proper insurance coverage: The first thing that you should do before moving out of the house is to get proper insurance. Before signing up papers with any transport company, check their insurance protection and whether you are safe against any major damages. It is required for every moving company to provide some level of insurance but it is best if you can get additional insurance prior to moving. Further, you should also look out for homeowner and renter insurance before shifting your new house.

Maintain receipts if new job is the reason for relocation: One of the most common reasons for relocation is a new job or a transfer. If you are being transferred for more than 50 miles from your home, you can reimburse your relocation expenses from the company. Some important considerations should be made before leaving like any specific requirements for internal revenue service or similar issues.

Stay Updated with Estate rules: This is among one of the most important factors to consider. Always be aware of the estate rules of the city you are shifting to and get proper updates for your estate plan. You can consult a Menifee realtor for better help and advice.

Consider your leases: Make sure to read you lease and ensure any trouble that may stop you from leaving. As per most of the contracts, you have to pay rent for the whole lease period and it doesn’t even matter that you have left the premises. Look out for regulations under which you can replace a new tenant and do everything you need to do to protect your rights are tenants.

Inform your Creditors in advance: Always be in touch with your creditors and inform them about your relocation at the earliest. Provide them with important details like your new address and avoid missing any payments. After all, these are the people who helped you during financial difficulties.

If you still think that I have missed something important in the list, feel free to add in the comment section and further, contact your attorney for any other suggestions. 

 
Team Honeycutt
Allen Tate - Concord, NC

The points you made for tasks to do is good and should prove to be very helpful. It is so hard to think of everything that needs to be done. Thanks for sharing.

Betty

Sep 07, 2012 05:59 AM