Checklist for the seller

The following documents are needed for escrow:

• Fully signed contract or document for the instructions
• 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
• Bank information if want to wire funds
• Obtain the name, address, telephone number, and corresponding account numbers of the landlord and other relevant parties
• All current notes, agreements such as lease suppliers and vendors agreements, etc. which are related to the business
• Copies of all licenses, permits and other documents pertaining to the business and also showing ownership
• Open escrow; sign escrow instructions and preliminary documents for filing/publication
• All ownership papers such as individual/LLC/corporation/partnership needed
• Other government, lender, and other agency required documents which need to be sent from escrow