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If a Seller is going to stay in the property after closing, you really should include the Temporary Occupancy Agreement for Seller after Closing Exhibit. Watch the video to learn why, how long a Seller may occupy and the major differences between the GAR Form F140 – Temporary Occupancy Agreement for Seller After Closing Exhibit & the RE Forms RE255 – Occupancy Agreement for Seller After Closing Exhibit. At Closing, Buyer actually signs “INTENT to occupy” but inform Lender if Seller stays 60+ days!

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