This form is a generic sample of a receipt for an installment payment for an owner financed real estate sale/purchase.
North Dakota Receipt for Payment Made on Real Estate Promissory Note is a legal document used to acknowledge the receipt of payment in relation to a promissory note for real estate transactions in the state of North Dakota. This receipt serves as proof that the payment has been made and covers the essential details of the transaction. Keywords: 1. North Dakota: This document is specific to the laws and regulations governing real estate transactions in the state of North Dakota. 2. Receipt for Payment: It emphasizes the acknowledgement of payment made in relation to a promissory note. 3. Real Estate Promissory Note: This receipt is specifically used for transactions involving real estate and the corresponding promissory note. 4. Legal document: The receipt holds legal significance as it provides evidence of the payment made. 5. Proof of Payment: The receipt serves as tangible evidence that payment has been fully or partially made. 6. Promissory Note: It represents a legal agreement where one party promises to pay a specific amount of money to another party within a predetermined period. Types of North Dakota Receipt for Payment Made on Real Estate Promissory Note: 1. Full Payment Receipt: This type of receipt is issued when the entire outstanding balance stated in the promissory note has been paid in full. 2. Partial Payment Receipt: If only a portion of the outstanding balance has been paid, a partial payment receipt is issued to acknowledge the received amount, leaving the remaining balance intact. 3. Installment Payment Receipt: When the payment is made in multiple installments over a period of time, an installment payment receipt is issued for each payment made, specifying the installment number and amount. It is essential for both parties involved in a real estate transaction in North Dakota to keep a copy of the Receipt for Payment Made on Real Estate Promissory Note to avoid any disputes or misunderstandings regarding the completion of payment obligations.North Dakota Receipt for Payment Made on Real Estate Promissory Note is a legal document used to acknowledge the receipt of payment in relation to a promissory note for real estate transactions in the state of North Dakota. This receipt serves as proof that the payment has been made and covers the essential details of the transaction. Keywords: 1. North Dakota: This document is specific to the laws and regulations governing real estate transactions in the state of North Dakota. 2. Receipt for Payment: It emphasizes the acknowledgement of payment made in relation to a promissory note. 3. Real Estate Promissory Note: This receipt is specifically used for transactions involving real estate and the corresponding promissory note. 4. Legal document: The receipt holds legal significance as it provides evidence of the payment made. 5. Proof of Payment: The receipt serves as tangible evidence that payment has been fully or partially made. 6. Promissory Note: It represents a legal agreement where one party promises to pay a specific amount of money to another party within a predetermined period. Types of North Dakota Receipt for Payment Made on Real Estate Promissory Note: 1. Full Payment Receipt: This type of receipt is issued when the entire outstanding balance stated in the promissory note has been paid in full. 2. Partial Payment Receipt: If only a portion of the outstanding balance has been paid, a partial payment receipt is issued to acknowledge the received amount, leaving the remaining balance intact. 3. Installment Payment Receipt: When the payment is made in multiple installments over a period of time, an installment payment receipt is issued for each payment made, specifying the installment number and amount. It is essential for both parties involved in a real estate transaction in North Dakota to keep a copy of the Receipt for Payment Made on Real Estate Promissory Note to avoid any disputes or misunderstandings regarding the completion of payment obligations.
