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COLDWELL BANKER COPORATE REO DIVISION

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COLDWELL BANKER COPORATE REO DIVISION
Shared by: HC111204211719
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posted:
12/4/2011
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7100 West Commercial Blvd. • Suite 101 • Fort Lauderdale, FL 33319

(800) 711-1258









CASH FOR KEYS INSTRUCTIONS

For agents/brokers





1. Fully complete and have the occupant sign “Cash for Keys” agreement. Vacate

date must be within 21 days FROM THE DATE OF THE FIRST OFFER OR

LESS. The agreement must contain the offered vacate date and amount unless

pre-approval is received for a different date/amount. All agreements are subject

to final corporate approval.



2. Occupant must sign the W-9 and fill in their Social Security number.



3. Tenant is encouraged to consult with an accountant or tax professional to

determine any tax consequences that may arise from this Agreement



4. Occupant must sign the Release. This signed form is a requirement for check

request.





5. Once all three documents have been executed, upload all to the Reo Tran library

and notify the CFK/Eviction Coordinator by email (Nicole.gallagher@reoexperts.net

or by fax 937-535-3329) that the docs are in the library and request approval.





6. Within 7 days of notification to the CFK/Eviction Coordinator and upon approval,

a check will be cut made payable directly to the occupant and mailed to the agent

for disbursement.



7. Occupant must leave property and surrounding area in broom swept condition

with all personal property removed. Eviction Process will not be stopped during

the CFK process.



8. Notify the CFK/Eviction Coordinator once the property is vacant. Property will

be rekeyed and secured. Occupant will no longer be granted access to the

property.









Page 1 of 1 Rev. 1.23.09

NRT Rev. 04.16.09


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