This is a Purchaser's Request of Accounting Statement from Seller. It is a request in writing to receive an accounting of the payments paid since the contract was made and a breakdown of any interest, fees, costs, taxes and insurance paid. It is also a request for the balance due on the contract.
Fullerton California Buyer's Request for Accounting from Seller under Contract for Deed: A Fullerton California Buyer's Request for Accounting from Seller under Contract for Deed is a formal document submitted by a buyer to a seller under a contract for deed agreement. This request seeks a detailed breakdown of all financial transactions and obligations associated with the property in question. Keywords: Fullerton California, buyer's request, accounting, seller, contract for deed Types of Fullerton California Buyer's Request for Accounting from Seller under Contract for Deed: 1. Basic Accounting Request: This type of request includes a comprehensive breakdown of all financial transactions related to the property. It typically includes information on the purchase price, any down payments, monthly installment payments, interest charges, and any other fees or expenses the buyer has incurred throughout the contract period. 2. Payment Allocation Request: In addition to a basic accounting request, the payment allocation request specifically asks the seller to provide a clear breakdown of how the buyer's payments have been applied to the principal amount, interest, taxes, insurance, and any other relevant expenses. This type of request helps the buyer understand the exact allocation of their payments and ensures transparency in the contract for deed agreement. 3. Maintenance and Repair Request: Sometimes, a buyer under a contract for deed may request an accounting related to maintenance and repair expenses incurred by the seller during the contract period. This request seeks information about any repairs or maintenance performed on the property and how those expenses were allocated between the buyer and the seller. 4. Tax and Insurance Request: Buyers may also submit a specialized request asking the seller to provide details of property tax payments and insurance coverage during the contract period. This type of request ensures that the buyer is aware of all tax and insurance obligations related to the property and helps them plan for future expenses. 5. Escrow Account Request: If an escrow account has been established as part of the contract for deed agreement, a buyer may request an accounting of the funds held in the account. This includes information on how the funds were disbursed, any interest earned, and any charges deducted from the account. Note: The specific types of buyer requests may vary depending on the terms and conditions outlined in the contract for deed agreement. It is essential for buyers to consult legal professionals or real estate experts to determine the appropriate content for their specific situation.Fullerton California Buyer's Request for Accounting from Seller under Contract for Deed: A Fullerton California Buyer's Request for Accounting from Seller under Contract for Deed is a formal document submitted by a buyer to a seller under a contract for deed agreement. This request seeks a detailed breakdown of all financial transactions and obligations associated with the property in question. Keywords: Fullerton California, buyer's request, accounting, seller, contract for deed Types of Fullerton California Buyer's Request for Accounting from Seller under Contract for Deed: 1. Basic Accounting Request: This type of request includes a comprehensive breakdown of all financial transactions related to the property. It typically includes information on the purchase price, any down payments, monthly installment payments, interest charges, and any other fees or expenses the buyer has incurred throughout the contract period. 2. Payment Allocation Request: In addition to a basic accounting request, the payment allocation request specifically asks the seller to provide a clear breakdown of how the buyer's payments have been applied to the principal amount, interest, taxes, insurance, and any other relevant expenses. This type of request helps the buyer understand the exact allocation of their payments and ensures transparency in the contract for deed agreement. 3. Maintenance and Repair Request: Sometimes, a buyer under a contract for deed may request an accounting related to maintenance and repair expenses incurred by the seller during the contract period. This request seeks information about any repairs or maintenance performed on the property and how those expenses were allocated between the buyer and the seller. 4. Tax and Insurance Request: Buyers may also submit a specialized request asking the seller to provide details of property tax payments and insurance coverage during the contract period. This type of request ensures that the buyer is aware of all tax and insurance obligations related to the property and helps them plan for future expenses. 5. Escrow Account Request: If an escrow account has been established as part of the contract for deed agreement, a buyer may request an accounting of the funds held in the account. This includes information on how the funds were disbursed, any interest earned, and any charges deducted from the account. Note: The specific types of buyer requests may vary depending on the terms and conditions outlined in the contract for deed agreement. It is essential for buyers to consult legal professionals or real estate experts to determine the appropriate content for their specific situation.
