This form is a generic sample of a receipt for an installment payment for an owner financed real estate sale/purchase.
A Fulton Georgia Receipt for Payment Made on Real Estate Promissory Note is a legal document used in Fulton County, Georgia, to acknowledge the payment made towards a real estate promissory note. This receipt serves as evidence of the payment and provides essential information regarding the transaction. The receipt typically includes the following details: 1. Date: The date when the payment was made. 2. Parties Involved: The names and contact information of the borrower and lender. 3. Real Estate Promissory Note Details: The specific details of the promissory note, including the principal amount, interest rate, repayment terms, and due dates. 4. Payment Amount: The total payment amount made by the borrower. 5. Payment Method: The method used to make the payment, such as cash, check, electronic transfer, or money order. 6. Witness: If applicable, the name and contact information of a witness who can attest to the payment. 7. Signatures: Signatures of the borrower, lender, and witness, verifying the payment and acknowledging the receipt. Different types of Fulton Georgia Receipts for Payment Made on Real Estate Promissory Note may include: 1. Partial Payment Receipt: This receipt acknowledges a partial payment made towards the promissory note, including the specific amount and any remaining balance. 2. Full Payment Receipt: This receipt is issued when the borrower has fully paid off the promissory note, confirming that no outstanding balance remains. 3. Late Payment Receipt: If the payment is made after the agreed-upon due date, this receipt acknowledges a late payment and may mention any applicable penalties or interest charges. 4. Installment Payment Receipt: In cases where the payment is made in multiple installments, this receipt acknowledges a specific installment payment made and mentions any remaining installments and due dates. 5. Prepayment Receipt: This receipt is used when the borrower decides to pay off the promissory note before the agreed-upon maturity date, acknowledging the early payment. It is essential for both the borrower and lender to retain a copy of the Fulton Georgia Receipt for Payment Made on Real Estate Promissory Note for their records and for future reference. This document serves as proof of payment and protects the rights and interests of both parties involved in the real estate transaction.A Fulton Georgia Receipt for Payment Made on Real Estate Promissory Note is a legal document used in Fulton County, Georgia, to acknowledge the payment made towards a real estate promissory note. This receipt serves as evidence of the payment and provides essential information regarding the transaction. The receipt typically includes the following details: 1. Date: The date when the payment was made. 2. Parties Involved: The names and contact information of the borrower and lender. 3. Real Estate Promissory Note Details: The specific details of the promissory note, including the principal amount, interest rate, repayment terms, and due dates. 4. Payment Amount: The total payment amount made by the borrower. 5. Payment Method: The method used to make the payment, such as cash, check, electronic transfer, or money order. 6. Witness: If applicable, the name and contact information of a witness who can attest to the payment. 7. Signatures: Signatures of the borrower, lender, and witness, verifying the payment and acknowledging the receipt. Different types of Fulton Georgia Receipts for Payment Made on Real Estate Promissory Note may include: 1. Partial Payment Receipt: This receipt acknowledges a partial payment made towards the promissory note, including the specific amount and any remaining balance. 2. Full Payment Receipt: This receipt is issued when the borrower has fully paid off the promissory note, confirming that no outstanding balance remains. 3. Late Payment Receipt: If the payment is made after the agreed-upon due date, this receipt acknowledges a late payment and may mention any applicable penalties or interest charges. 4. Installment Payment Receipt: In cases where the payment is made in multiple installments, this receipt acknowledges a specific installment payment made and mentions any remaining installments and due dates. 5. Prepayment Receipt: This receipt is used when the borrower decides to pay off the promissory note before the agreed-upon maturity date, acknowledging the early payment. It is essential for both the borrower and lender to retain a copy of the Fulton Georgia Receipt for Payment Made on Real Estate Promissory Note for their records and for future reference. This document serves as proof of payment and protects the rights and interests of both parties involved in the real estate transaction.
