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.
Atlanta Georgia Buyer's Request for Accounting from Seller under Contract for Deed In Atlanta, Georgia, a Buyer's Request for Accounting from Seller under Contract for Deed is a formal document submitted by the buyer to the seller in order to obtain an accurate and detailed account of all financial transactions related to the property that is being purchased under a contract for deed agreement. This request enables the buyer to have a clear understanding of all payments, credits, and expenses associated with the property, ensuring transparency and accountability throughout the transaction process. Keywords: Atlanta Georgia, buyer's request, accounting, seller, contract for deed, financial transactions, payments, credits, expenses, transparency, accountability. Types of Atlanta Georgia Buyer's Request for Accounting from Seller under Contract for Deed: 1. Initial Request: This is the first formal submission made by the buyer to the seller, requesting an accounting of all financial transactions. It indicates the buyer's intent to obtain a comprehensive overview of the property's financial history, including any outstanding balances, payments made, and credits received. 2. Monthly/Quarterly Request: In some cases, buyers may prefer to receive regular updates on the property's financial status. This type of request is submitted to the seller on a monthly or quarterly basis, seeking an update on any new transactions or changes during the specified time frame. It ensures that the buyer stays informed about the property's financial progress throughout the duration of the contract. 3. Final Request: This type of request is typically submitted towards the end of the contract for deed period or upon completion of the agreement. It covers all financial transactions relevant to the property up until the time of closure. The buyer seeks a final and detailed account of all payments, credits, expenses, and any remaining balances related to the property. 4. Dispute Resolution Request: In the event of a disagreement or dispute between the buyer and seller regarding any financial matters, a dispute resolution request may be submitted. This type of request specifies the disputed transactions and includes a request for mediation or arbitration to settle the disagreement and ensure a fair resolution. 5. Amended Request: If any changes or modifications have been made to the contract for deed agreement after the initial request for accounting, an amended request may be submitted to reflect these changes accurately. It ensures that the buyer is provided with an updated and accurate account of the property's financial transactions based on the revised terms of the agreement. Overall, an Atlanta Georgia Buyer's Request for Accounting from Seller under Contract for Deed acts as an essential tool for buyers to protect their interests, verify financial information, and maintain transparency with the seller throughout the contract period.Atlanta Georgia Buyer's Request for Accounting from Seller under Contract for Deed In Atlanta, Georgia, a Buyer's Request for Accounting from Seller under Contract for Deed is a formal document submitted by the buyer to the seller in order to obtain an accurate and detailed account of all financial transactions related to the property that is being purchased under a contract for deed agreement. This request enables the buyer to have a clear understanding of all payments, credits, and expenses associated with the property, ensuring transparency and accountability throughout the transaction process. Keywords: Atlanta Georgia, buyer's request, accounting, seller, contract for deed, financial transactions, payments, credits, expenses, transparency, accountability. Types of Atlanta Georgia Buyer's Request for Accounting from Seller under Contract for Deed: 1. Initial Request: This is the first formal submission made by the buyer to the seller, requesting an accounting of all financial transactions. It indicates the buyer's intent to obtain a comprehensive overview of the property's financial history, including any outstanding balances, payments made, and credits received. 2. Monthly/Quarterly Request: In some cases, buyers may prefer to receive regular updates on the property's financial status. This type of request is submitted to the seller on a monthly or quarterly basis, seeking an update on any new transactions or changes during the specified time frame. It ensures that the buyer stays informed about the property's financial progress throughout the duration of the contract. 3. Final Request: This type of request is typically submitted towards the end of the contract for deed period or upon completion of the agreement. It covers all financial transactions relevant to the property up until the time of closure. The buyer seeks a final and detailed account of all payments, credits, expenses, and any remaining balances related to the property. 4. Dispute Resolution Request: In the event of a disagreement or dispute between the buyer and seller regarding any financial matters, a dispute resolution request may be submitted. This type of request specifies the disputed transactions and includes a request for mediation or arbitration to settle the disagreement and ensure a fair resolution. 5. Amended Request: If any changes or modifications have been made to the contract for deed agreement after the initial request for accounting, an amended request may be submitted to reflect these changes accurately. It ensures that the buyer is provided with an updated and accurate account of the property's financial transactions based on the revised terms of the agreement. Overall, an Atlanta Georgia Buyer's Request for Accounting from Seller under Contract for Deed acts as an essential tool for buyers to protect their interests, verify financial information, and maintain transparency with the seller throughout the contract period.
