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Buyer's Request for Accounting from Seller under Contract for Deed - Kentucky

Buyer's Request for Accounting from Seller under Contract for Deed - Kentucky 2026

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The document is a formal request from a purchaser to a seller for an accounting of payments made under a Contract for Deed. It seeks detailed information on payments, interest, fees, taxes, and the remaining balance due, specifically for tax purposes.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the date at the top of the form. This is essential for record-keeping and clarity.
Fill in the Seller's name and address in the designated fields. Ensure accuracy to avoid any miscommunication.
In the body of the letter, specify your request clearly. Include details about the Contract for Deed, such as the date and property address.
Request a detailed accounting of payments made, including interest, fees, costs, taxes, and insurance. This information is crucial for your records.
Provide your mailing address where you would like to receive this information. Double-check for accuracy.
Sign the document in the designated area and print your name below it to finalize your request.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Whats another name for a contract for deed?

Land contract. In contract law, a land contract, (also known as contract for deed or agreement for deed), is a contract between the buyer and seller of real property in which the seller provides the buyer financing in the purchase, and the buyer repays the resulting loan in installments.

What are the pros and cons of a contract for deed?

Include the agreed-upon purchase price, down payment amount, interest rate, and payment details. You should also outline the payment schedule and how and where payments are to be made. Besides monthly payments, youll want to define whether a final lump sum or balloon payment will be required at the end of the term.

What is it called when a buyer and seller agree on a price?

A purchase and sale agreement (PSA) is a binding contract that outlines how property will change hands between buyer and seller.

What is the down payment on seller financing?

On seller financed you really want to minimum of 10% down If they dont have 10% down you could do a much smaller amount and just structure it as a lease option with the option fee being non- refundable if they dont exercise the purchase option.

Does seller financing go on your credit?

Seller financing has fewer protections for buyers. Your monthly payment is private and probably wont be reported to credit bureaus. Because of this, you wont see any increase in your credit score when you make on-time payments.

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How to fill out a contract for a deed?

Contract for deed sellers retain legal title to the property until the final payment is made. This provides sellers with security in case the buyer can no longer make payments on the land contract, as sellers can still profit from the sale of the land to another buyer.

When a seller agrees to finance a sale with a contract for deed, the buyer receives what type of title until the debt is paid in full?

With a land contract (also called a contract for deed), the seller maintains legal title to the property until the buyer completes all payments.

Buyer's Request for Accounting from Seller under Contract for Deed - Kentucky 2026

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