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.
Modesto California Buyer's Request for Accounting from Seller under Contract for Deed refers to a formal inquiry made by a buyer in Modesto, California, who has entered into a contract for deed with a seller and wishes to obtain a detailed account of financial transactions related to the property. This request aims to ensure transparency and clarity regarding the financial aspects of the agreement. In this specific context, the buyer requests an accounting from the seller to ensure proper documentation of all financial transactions related to the property purchase under the contract for deed. This includes but is not limited to the following: 1. Purchase Price: The buyer requests a breakdown of the total purchase price paid for the property, including any down payment, principal balance, and interest rates, if applicable. 2. Installment Payments: If the contract for deed involves periodic installment payments, the buyer seeks a clear accounting of all payments made, specifying the principal amounts, interest charges, and payment dates. 3. Taxes and Insurance: The buyer requests information regarding any property taxes paid by the seller during the contract term, including assessments, exemptions, and any changes in taxes. Additionally, if the seller was responsible for property insurance, the buyer also seeks details regarding policy costs, coverage, and any claims made. 4. Repairs and Maintenance: If the contract requires the seller to undertake property repairs or maintenance, the buyer may request an itemized list of expenses incurred by the seller and any warranties provided for completed work. 5. Escrow Accounts: If an escrow account was established as part of the contract, the buyer may seek an accounting of all funds deposited and disbursed from the account, including any interest earned. 6. Miscellaneous Expenses: The buyer may also ask for a comprehensive list of any other financial obligations the seller has assumed under the contract for deed, such as Homeowners Association (HOA) fees, utility bills, or special assessments. It is important to note that the content provided here strictly focuses on a general description of a Modesto California Buyer's Request for Accounting from Seller under a Contract for Deed. Specific document names or variations may exist, depending on the parties involved or any additional legal requirements in Modesto, California. Therefore, it is advised to consult with legal professionals or real estate experts to ascertain the exact terminology or forms that may be necessary for such requests.Modesto California Buyer's Request for Accounting from Seller under Contract for Deed refers to a formal inquiry made by a buyer in Modesto, California, who has entered into a contract for deed with a seller and wishes to obtain a detailed account of financial transactions related to the property. This request aims to ensure transparency and clarity regarding the financial aspects of the agreement. In this specific context, the buyer requests an accounting from the seller to ensure proper documentation of all financial transactions related to the property purchase under the contract for deed. This includes but is not limited to the following: 1. Purchase Price: The buyer requests a breakdown of the total purchase price paid for the property, including any down payment, principal balance, and interest rates, if applicable. 2. Installment Payments: If the contract for deed involves periodic installment payments, the buyer seeks a clear accounting of all payments made, specifying the principal amounts, interest charges, and payment dates. 3. Taxes and Insurance: The buyer requests information regarding any property taxes paid by the seller during the contract term, including assessments, exemptions, and any changes in taxes. Additionally, if the seller was responsible for property insurance, the buyer also seeks details regarding policy costs, coverage, and any claims made. 4. Repairs and Maintenance: If the contract requires the seller to undertake property repairs or maintenance, the buyer may request an itemized list of expenses incurred by the seller and any warranties provided for completed work. 5. Escrow Accounts: If an escrow account was established as part of the contract, the buyer may seek an accounting of all funds deposited and disbursed from the account, including any interest earned. 6. Miscellaneous Expenses: The buyer may also ask for a comprehensive list of any other financial obligations the seller has assumed under the contract for deed, such as Homeowners Association (HOA) fees, utility bills, or special assessments. It is important to note that the content provided here strictly focuses on a general description of a Modesto California Buyer's Request for Accounting from Seller under a Contract for Deed. Specific document names or variations may exist, depending on the parties involved or any additional legal requirements in Modesto, California. Therefore, it is advised to consult with legal professionals or real estate experts to ascertain the exact terminology or forms that may be necessary for such requests.
