A Buyer's Request for Accounting from Seller under Contract for Deed is a formal document submitted by the buyer in a real estate transaction who has purchased a property in Sandy Springs, Georgia, through a contract for deed agreement. This request seeks detailed financial information and accounting records from the seller to ensure transparency and accuracy regarding the financial aspects of the property. Keywords: Sandy Springs, Georgia, buyer's request, accounting, seller, contract for deed, transparency, financial information, accounting records. There are several types of Sandy Springs Georgia Buyer's Requests for Accounting from Seller under Contract for Deed based on the specific aspects of the transaction that the buyer is interested in: 1. Financial Statement Request: This type of request asks the seller to provide a comprehensive financial statement, including all income, expenses, debts, and assets related to the property. It helps the buyer analyze the financial health and profitability of the property before finalizing the purchase. 2. Expense Breakdown Request: This type of request focuses on obtaining a detailed breakdown of all expenses associated with the property, such as property taxes, insurance premiums, maintenance costs, and utility bills. The buyer can use this information to evaluate the ongoing financial obligations they will assume as the new owner. 3. Rent Roll Request: If the property under a contract for deed is a multifamily or commercial property with tenants, the buyer may request a rent roll. A rent roll provides information about the current tenants, including their names, rental amounts, lease terms, and any outstanding balances. This document helps the buyer assess the property's income-generating potential. 4. Escrow Accounting Request: In some cases, the buyer may request an accounting of any funds held in escrow by the seller. This request ensures that all payments made by the buyer towards the property, such as down payments or monthly installments, have been properly applied and accounted for. 5. Tax Assessment Information Request: This type of request seeks detailed information about the property's tax assessment, including the current tax amount, any outstanding balances, and information on any tax exemptions or special assessments. The buyer can use this information to understand the property's tax obligations and potential tax liabilities. In conclusion, a Sandy Springs Georgia Buyer's Request for Accounting from Seller under Contract for Deed aims to obtain detailed financial information and accounting records related to the property in question. By using relevant keywords and exploring various types of requests, the buyer can ensure a transparent and well-informed real estate 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.