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.
Meridian Idaho Buyer's Request for Accounting from Seller under Contract for Deed: When entering into a Contract for Deed in Meridian, Idaho, Buyers have the right to request an accounting from the Seller. This request is made to ensure transparency and accuracy in financial transactions between the parties involved. The Buyer's Request for Accounting aims to ascertain the precise amount paid by the Buyer, any remaining balance owed, and the breakdown of payments made towards principal, interest, and other related expenses. Keywords: Meridian Idaho, Buyer's Request, Accounting, Seller, Contract for Deed, transparency, accuracy, financial transactions, amount paid, remaining balance, principal, interest, expenses. Different Types of Meridian Idaho Buyer's Request for Accounting from Seller under Contract for Deed: 1. Initial Request for Accounting: This type of request is submitted by the Buyer soon after entering into a Contract for Deed. It seeks an initial breakdown of the payment structure and amounts received by the Seller. 2. Periodic Request for Accounting: These requests are made at regular intervals, typically annually or quarterly, to track and verify the progress of payments made by the Buyer. It helps in ensuring that the Seller is accurately accounting for the payments received and associating them with the appropriate categories such as principal, interest, taxes, and insurance. 3. Final Request for Accounting: When the Buyer nears the end of their payment obligations under the Contract for Deed, a final request for accounting is made. This request seeks a comprehensive breakdown of all payments made throughout the contract term, including any adjustments, fees, or credits. 4. Discrepancy-based Request for Accounting: In case the Buyer identifies discrepancies or irregularities in the accounting provided by the Seller, they can submit a specific request to rectify the inaccuracies and provide a revised, accurate accounting of the payments made. Keywords: Initial Request, Periodic Request, Final Request, Discrepancy-based Request, breakdown, payment structure, progress, payments, accuracy, categories, principal, interest, taxes, insurance, discrepancy, irregularities, revised, rectify.Meridian Idaho Buyer's Request for Accounting from Seller under Contract for Deed: When entering into a Contract for Deed in Meridian, Idaho, Buyers have the right to request an accounting from the Seller. This request is made to ensure transparency and accuracy in financial transactions between the parties involved. The Buyer's Request for Accounting aims to ascertain the precise amount paid by the Buyer, any remaining balance owed, and the breakdown of payments made towards principal, interest, and other related expenses. Keywords: Meridian Idaho, Buyer's Request, Accounting, Seller, Contract for Deed, transparency, accuracy, financial transactions, amount paid, remaining balance, principal, interest, expenses. Different Types of Meridian Idaho Buyer's Request for Accounting from Seller under Contract for Deed: 1. Initial Request for Accounting: This type of request is submitted by the Buyer soon after entering into a Contract for Deed. It seeks an initial breakdown of the payment structure and amounts received by the Seller. 2. Periodic Request for Accounting: These requests are made at regular intervals, typically annually or quarterly, to track and verify the progress of payments made by the Buyer. It helps in ensuring that the Seller is accurately accounting for the payments received and associating them with the appropriate categories such as principal, interest, taxes, and insurance. 3. Final Request for Accounting: When the Buyer nears the end of their payment obligations under the Contract for Deed, a final request for accounting is made. This request seeks a comprehensive breakdown of all payments made throughout the contract term, including any adjustments, fees, or credits. 4. Discrepancy-based Request for Accounting: In case the Buyer identifies discrepancies or irregularities in the accounting provided by the Seller, they can submit a specific request to rectify the inaccuracies and provide a revised, accurate accounting of the payments made. Keywords: Initial Request, Periodic Request, Final Request, Discrepancy-based Request, breakdown, payment structure, progress, payments, accuracy, categories, principal, interest, taxes, insurance, discrepancy, irregularities, revised, rectify.
