Tip 95: This covers just about everything

When settlement details are finalized, a contract is drawn up. The contract must include the following details:

· Amount/location of property
· Timing of the sale
· Transfer of funds
· Items included in, and excluded from, the sale
· Conveyance of title
· Apportionment of fees to be paid
· Insurance matters

And other such things that are typically part of a sale contract for private property. If there are any clauses that you don’t understand, have your lawyer explain them to you. Ask questions until you’re satisfied that everything is crystal clear.