When purchasing a home through the Federa exchange, the terms of the sale are defined by the purchase contract. If the contract requires the seller to transfer the property free of any liens, then the seller is obligated to do so before the sale is completed.
Buyers using our platform have the option to choose the Universal Federa contract, which is specifically designed to protect buyers by ensuring the property is sold free of any liens. This modern, comprehensive contract includes all necessary provisions to safeguard your purchase, offering a clear and straightforward process.
Alternatively, buyers can opt to use a custom contract. However, these can often be outdated and may not provide the same level of protection or clarity as the Universal Federa contract. We strongly recommend using the Universal Federa contract for a seamless, secure, and worry-free home-buying experience.