Are these steps/docs sufficient/correct?
To buy:
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Ask seller to sign Purchase Agreement and give seller deposit
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Ask seller to sign Power Attorney
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Ask seller to sign Smoke Detector Agreement (optional)
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Register yourself as new owner at dmv
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Pay seller the balance due
To sell:
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Sales Agreement
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Credit Application (or share with PM)
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Promisory Note or Lease Option Agreement
Thx,
Elly