NAEP Company Protocol
- Buyer or Broker makes inquiry to NAEP
- Buyers Profile completed by buyer - NOT Broker
- Buyer-Broker Agreement Submitted to NAEP to verify Brokers ability to represent Buyer
- Buyer Profile is then vetted out for approval through compliance
- Buyers Profile and Buyer-Broker Agreement is then brought to the Board for approval
- Buyer and Broker APPROVED (?)
- NCND issued, signed and returned to NAEP
- Sanitized POP (Proof of Product) sent to Buyer
- IMFA issued, If interested, Buyer has 48 hours to respond
- Proof up directly to Bank, Title Company, or Attorney
- UNSANITIZED POP will be sent for client approval (48 hours to respond)
- Escrow instructions will be forwarded to client
- Minimum 10% escrow deposit
- 5 to 10 Days Due Diligence
ALL DOCUMENTS ARE TO BE SENT DIRECTLY TO NAEP FROM SELLER or BUYER
DOCUMENTS RECEIVED FROM BROKER WILL NOT BE ACKNOWLEDGED
Please E-mail all documents to anita.wilson@na-ep.com
Close in 20 days or less. Anything longer the Buyer be will charged a daily fee, as per contract.
This is NAEP Company Protocol unless otherwise stated.