It is an extremely easy document for anyone to fill out and ensures there are no confusions or misunderstanding after closing.The standard contracts we use in Florida do not stipulate who specifically should present it to the tenants, so it could be the Seller, the List Agent or the Property Manager, depending on who is involved and what is most convenient. 

Forgive me as I may be misunderstanding.

Please feel free to correct any misunderstandings I have on the topic. 

Or did I misunderstand that?

Did I misunderstand your suggestion that this was completely fine for all of Canada?

The servicer argued that specific language in the loan modification document showed that there was “no attempt to impose personal liability” on the debtor for any previously-discharged obligation, and that the debtor’s motion simply reflected her misunderstanding of the partial claim process for a loan modification under HUD guidelines.

This prevents misunderstandings with acquired tenants.

Thanks Brett, Im glad that I'm not just misunderstanding that or imagining it lol.

@Praga Raj I think you are misunderstanding what all-in-one means.

(yes there are adjustments for closing costs, etc. but right now they are small especially given your misunderstanding)