Sacramento California Agreement to Attempt to Locate Unclaimed Property of Client

State:
Multi-State
County:
Sacramento
Control #:
US-03427BG
Format:
Word; 
Rich Text
Instant download

Description

A finder's fee is a fee paid to someone who acts as an intermediary for another party in a transaction. Finder's fees may be offered in a variety of situations. For example, an employer may pay a finder's fee to a recruitment agency upon hiring a new employee referred by that agency. A finder's fee may be paid regardless of whether a transaction is ultimately consummated.

In a real estate context, a finder's fee may be paid for locating property, obtaining mortgage financing or referring sellers or buyers. A finders fee is money paid to a person for finding someone interested in selling or buying property. To conduct any negotiations of sale terms, the finder may be required to be a licensed broker or he violates the law. However, state laws, which vary by state, may also provide an exemption for certain individuals, allowing them to be compensated without the necessity of licensure. For example, one state's law allows an exemption for either a property management firm or an owner of an apartment complex to playa finders fee or referral of up to $50 to a current tenant for referring a new tenant. The fee can be in the form of cash, a rental reduction or some other thing of value. The party claiming compensation under this exemption is not allowed to advertise for prospective tenants.

Because they aren't technically held by the state, real estate created overages aren't subject to those finder fee limits. In fact, they're usually not subject to any limits at all (within reason... charge 95%, and you may be asking for a lawsuit). 30-50% is standard for those who specialize in collecting those funds.

These are the funds that are created when more is bid at auction for tax foreclosure and mortgage foreclosure properties. Those overages are more often than not due back to the former owners. Unfortunately for them, most don't realize this, and walk away from their financial mess without realizing they may have a small windfall awaiting them. Then, if they don't figure it out in time, they lose it to the agency holding the funds.

Free preview
  • Form preview
  • Form preview

How to fill out Sacramento California Agreement To Attempt To Locate Unclaimed Property Of Client?

Laws and regulations in every area differ around the country. If you're not a lawyer, it's easy to get lost in various norms when it comes to drafting legal paperwork. To avoid expensive legal assistance when preparing the Sacramento Agreement to Attempt to Locate Unclaimed Property of Client, you need a verified template valid for your region. That's when using the US Legal Forms platform is so beneficial.

US Legal Forms is a trusted by millions web catalog of more than 85,000 state-specific legal templates. It's an excellent solution for specialists and individuals looking for do-it-yourself templates for different life and business occasions. All the documents can be used many times: once you pick a sample, it remains accessible in your profile for subsequent use. Thus, if you have an account with a valid subscription, you can simply log in and re-download the Sacramento Agreement to Attempt to Locate Unclaimed Property of Client from the My Forms tab.

For new users, it's necessary to make a few more steps to get the Sacramento Agreement to Attempt to Locate Unclaimed Property of Client:

  1. Examine the page content to make sure you found the appropriate sample.
  2. Utilize the Preview option or read the form description if available.
  3. Look for another doc if there are inconsistencies with any of your requirements.
  4. Use the Buy Now button to obtain the document when you find the proper one.
  5. Choose one of the subscription plans and log in or create an account.
  6. Decide how you prefer to pay for your subscription (with a credit card or PayPal).
  7. Select the format you want to save the file in and click Download.
  8. Fill out and sign the document on paper after printing it or do it all electronically.

That's the easiest and most affordable way to get up-to-date templates for any legal scenarios. Locate them all in clicks and keep your documentation in order with the US Legal Forms!

Trusted and secure by over 3 million people of the world’s leading companies

Sacramento California Agreement to Attempt to Locate Unclaimed Property of Client