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.
Tallahassee Florida Buyer's Request for Accounting from Seller under Contract for Deed is a formal document utilized by buyers who have entered into a contract for deed agreement with a seller in Tallahassee, Florida. This request is made to ensure transparency and obtain a detailed financial breakdown from the seller. Keywords: Tallahassee Florida, buyer's request for accounting, seller, contract for deed, financial breakdown. There may be different types or variations of Tallahassee Florida Buyer's Request for Accounting from Seller under Contract for Deed, including: 1. Basic Accounting Request: This type of request seeks a general breakdown of all financial transactions associated with the property, including the initial purchase price, any down payment, monthly payments, and any additional fees. 2. Interest Calculation Request: Buyers may specifically request an itemized breakdown of interest accumulated on the contract for deed. This helps them understand the interest rates applied and helps validate the accuracy of the interest calculations. 3. Payment Allocation Request: This type of request is made to determine how the seller has allocated the buyer's payments. It includes details about the principal amount, interest payment, taxes, insurance, and any other expenses concerning the property. 4. Fee Assessments Request: In certain cases, buyers may request a detailed breakdown of all fees associated with the purchase of the property, such as legal fees, recording fees, homeowner's association fees, and any other charges. 5. Property Maintenance Request: If the contract for deed includes provisions for the seller to maintain the property, the buyer may request an accounting of all related expenses incurred by the seller. 6. Escrow Account Verification Request: In situations where an escrow account has been established, buyers may request a verification of the funds held in the account, along with a record of how those funds have been utilized. It is important to note that the specific content and format of Tallahassee Florida Buyer's Request for Accounting from Seller under Contract for Deed may vary depending on the terms and conditions outlined in the contract, as well as the individual requirements of the buyer.Tallahassee Florida Buyer's Request for Accounting from Seller under Contract for Deed is a formal document utilized by buyers who have entered into a contract for deed agreement with a seller in Tallahassee, Florida. This request is made to ensure transparency and obtain a detailed financial breakdown from the seller. Keywords: Tallahassee Florida, buyer's request for accounting, seller, contract for deed, financial breakdown. There may be different types or variations of Tallahassee Florida Buyer's Request for Accounting from Seller under Contract for Deed, including: 1. Basic Accounting Request: This type of request seeks a general breakdown of all financial transactions associated with the property, including the initial purchase price, any down payment, monthly payments, and any additional fees. 2. Interest Calculation Request: Buyers may specifically request an itemized breakdown of interest accumulated on the contract for deed. This helps them understand the interest rates applied and helps validate the accuracy of the interest calculations. 3. Payment Allocation Request: This type of request is made to determine how the seller has allocated the buyer's payments. It includes details about the principal amount, interest payment, taxes, insurance, and any other expenses concerning the property. 4. Fee Assessments Request: In certain cases, buyers may request a detailed breakdown of all fees associated with the purchase of the property, such as legal fees, recording fees, homeowner's association fees, and any other charges. 5. Property Maintenance Request: If the contract for deed includes provisions for the seller to maintain the property, the buyer may request an accounting of all related expenses incurred by the seller. 6. Escrow Account Verification Request: In situations where an escrow account has been established, buyers may request a verification of the funds held in the account, along with a record of how those funds have been utilized. It is important to note that the specific content and format of Tallahassee Florida Buyer's Request for Accounting from Seller under Contract for Deed may vary depending on the terms and conditions outlined in the contract, as well as the individual requirements of the buyer.
