Cda real estate form 2025

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In Real Estate back office operations, understanding various terms and acronyms like CDA is crucial. CDA, a common real estate term, stands for Commission Disbursement Authorization.
A Collateral Desktop Analysis is often required by a private lender, specifically for DSCR Loans. The CDA is an extra level of underwriting due diligence that identifies situations where there is a variance between the appraisers appraised value (original appraisal report) and the CDA appraisers review.
A commission disbursement authorization (CDA) is a document that can be sent to an escrow company, title company, attorney, or whoever is handling the closing. Most state real estate boards allow you to present a commission disbursement authorization to the closing entity and have them disburse the funds.
0:52 3:21 A CDA form typically includes detailed information about the property. Such as the property. AddressMoreA CDA form typically includes detailed information about the property. Such as the property. Address the sales price and the identities of the buyer. And seller. It also lists the real estate agents.
A Confidential Disclosure Agreement [(CDA), also referred to as non-disclosure agreement (NDA) or secrecy agreement, is a legal agreement between a minimum of two parties which outlines information the parties wish to share with one another for certain evaluation purposes, but wish to restrict from wider use and

Key Facts about the San Jac Real Estate Commission Disbursement Form

Commission Percentage

Broker and Agent Commission Structure

Signature Requirement

Contact Information

TREC License Numbers

Property Address Field

Modification Date

Commission Percentage

The form specifies that San Jac Real Estate is to receive a certain percentage of the commission, which must be filled in by the parties involved.

Broker and Agent Commission Structure

The commission is structured such that an agent with San Jac Real Estate receives 100% of their commission minus a $129 fee, which goes to the broker.

Signature Requirement

Both the agent and broker must sign the form for it to be valid, indicating mutual agreement on the commission disbursement.

Contact Information

The document includes contact information for San Jac Real Estate, including phone numbers and email for broker Dave Turnquist.

TREC License Numbers

The form requires TREC license numbers for both the agent and broker, ensuring compliance with Texas real estate regulations.

Property Address Field

There is a designated field for entering the property address related to the transaction, which is essential for record keeping.

Modification Date

The form was modified in June 2010, indicating that users should verify if there are more recent versions or updates available.

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Designed to remove pre-funding uncertainty or support post-funding due diligence, CDA re-evaluates an appraisal so you can deliver a comprehensive, USPAP-compliant loan file quickly.

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