Contract for Deed Seller's Annual Accounting Statement - Arkansas 2025

1. Click ‘Get Form’ to open the Contract for Deed Seller's Annual Accounting Statement in the editor.
2. Begin by entering the recipient's name in the 'TO' field, ensuring accuracy for proper communication.
3. Fill in the 'ACCOUNTING PERIOD' to specify the timeframe of the accounting statement.
4. Provide a detailed accounting of payments made under the contract in section (1). Enter the total amount paid.
5. In section (2), indicate the remaining amount owed under the contract to keep both parties informed.
6. Complete section (3) by noting the number of payments that are still outstanding on the contract.
7. If applicable, list any amounts paid to taxing authorities on behalf of the purchaser in section (4).
8. Document any insurance payments made on behalf of the purchaser in section (5) for transparency.
9. In section (6), provide details about any insurance proceeds received due to property damage and how they were applied.
10. Attach a legible copy of any changed insurance coverage as mentioned in section (7) for reference.
11. Finally, sign and date at the bottom of the form before sending it off to ensure it is legally binding.

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