DD Form 1705. Reimbursement for Real Estate Sale and/or Purchase Closing Cost Expenses
DD Form 1705 - Reimbursement for Real Estate Sale and/or Purchase Closing Cost Expenses is designed to request reimbursement for closing costs associated with the sale or purchase of real estate.
The form consists of sections where the requester provides details about the real estate transaction, including the property address, names of parties involved, breakdown of closing costs, and supporting documentation. The form may also include sections for explanations, certifications, and signatures.
When filling out DD Form 1705, it's important to accurately list all eligible closing costs and provide necessary documentation. Both the seller and the buyer may use this form to request reimbursement for their respective closing costs, following the guidelines set by the Department of Defense.
Application Example: A military service member is relocating and needs to sell their property. By submitting DD Form 1705 along with the required documents, they can request reimbursement for eligible closing costs, helping to alleviate some of the financial burden associated with the transaction.
Additional documents needed for filling out DD Form 1705 may include closing statements, receipts, and invoices for the incurred closing costs. An alternative form could be DD Form 2278, Application for DOD Single Family Housing, used for applying for military family housing.