Loan Payoff Letter Example With Payment In Miami-Dade

State:
Multi-State
County:
Miami-Dade
Control #:
US-0019LTR
Format:
Word; 
Rich Text
Instant download

Description

The Loan Payoff Letter Example with Payment in Miami-Dade is a model letter designed for individuals or entities notifying a borrower about the status of a loan payoff. It features sections for detailing the recipient's information, the amount owed, and any increases in the payoff amount due to accruing interest or changes in escrow requirements. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear structure for communicating effectively about loan payoff matters. When filling out the form, users should personalize the letter with relevant dates and financial details, ensuring all calculations reflect accurate amounts owed. Additionally, it serves to facilitate resolution by prompting the recipient to check on payment status and adhere to timely communication. Overall, this document emphasizes clarity and professionalism, making it suitable for a broad audience with varying levels of legal knowledge.

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FAQ

Florida's Construction Lien Law (Sections 713.001-713.37) requires the recording of a Notice of Commencement (NOC) for real property improvements greater than $5,000.

The property owner or property owner's agent is the one who must file the Notice of Commencement. Florida law states that a Notice of Commencement must be submitted to the clerk's office in order to apply for a building permit with contracts having a value greater than $2,500.

Documents are recorded at the Clerk of the Courts, MIAMI-DADE COUNTY RECORDER, COURTHOUSE EAST, 22 N.W. First Street, 1st Floor, Miami, FL 33128. You can record the Notice of Commencement by mail. The original Notice should be sent to the County Recorder, P.O. Box 011711, Flagler Station, Miami, Florida 33101.

Call the Credit and Collection Section at 786-469-5200, Monday to Friday, from 8 a.m. to 7 p.m., excluding holidays.

Steps to file a mechanics lien in Miami-Dade County Step 1: Get The Right Form & Meet Margin Requirements. Step 2: Calculating Your Miami-Dade County Filing Fees. Step 3: Serve the Mechanics Lien. Step 4: File your lien with the Miami-Dade County Clerk.

Record a Document You have three options for recording your documents in the Official Records: You can bring your original documents in person, along with the appropriate fees, and a self-addressed stamped envelope to the Miami-Dade County Courthouse. You can eRecord your document through one of our approved vendors.

The filing has to be within 90 days of when the project begins. In other words, you need to get the NOC recorded before work begins on the project, but not too soon before. Work must start within 90 days from the NOC's filing. An NOC is usually only valid for 1 year from the date it was filed.

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Loan Payoff Letter Example With Payment In Miami-Dade