Escondido California Buyer's Request for Accounting from Seller under Contract for Deed is a legally binding document that allows buyers to request a detailed account of financial transactions and obligations related to the property being sold under a contract for deed in Escondido, California. This request is typically made to ensure transparency and clarity regarding the financial aspects of the property transaction. Keywords: Escondido California, buyer's request, accounting, seller, contract for deed. Different types of Escondido California Buyer's Request for Accounting from Seller under Contract for Deed may include: 1. Initial Request: This is the first formal request made by the buyer to the seller, asking for a detailed breakdown of all financial transactions, including payments made, outstanding balances, and any other financial obligations related to the contract for deed. 2. Monthly/Periodic Request: In some cases, buyers may require periodic accounting updates from the seller during the contract period. These requests typically include updated records of payments received, outstanding balances, interest charges, taxes, and other financial details. 3. Final Request: This request is made towards the end of the contract for deed term, typically when the buyer is nearing the completion of payments. It requests a comprehensive final accounting statement from the seller, including a summary of all payments made and any remaining obligations. 4. Discrepancy Request: If the buyer identifies any discrepancies or inconsistencies in the accounting provided by the seller, they may issue a specific request to rectify and clarify those issues. This ensures that both parties are on the same page regarding the financial aspects of the contract for deed. 5. Auditing Request: In certain cases, buyers may choose to conduct an audit or hire an independent accounting professional to verify the accuracy and completeness of the accounting provided by the seller. An auditing request is typically made in this situation to notify the seller and request their cooperation during the auditing process. It's important for buyers to carefully review and understand the terms of the contract for deed before submitting a request for accounting. This will help them identify the specific details they need to include in their request and ensure a thorough examination of the financial aspects of the property transaction.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.