Texas sellers 2026

1. Click ‘Get Form’ to open the Texas Sellers document in the editor.
2. Begin by entering the purchaser's name in the 'TO:' section. This identifies who will receive the annual statement.
3. Fill in the 'ACCOUNTING PERIOD' section with the relevant dates for your accounting period, ensuring accuracy for compliance.
4. In field (1), input the total amount paid under the contract. This provides a clear overview of payments made.
5. For field (2), state the remaining amount owed under the contract, which is crucial for transparency.
6. Indicate the number of payments remaining in field (3) to inform purchasers about their payment schedule.
7. If applicable, enter amounts paid to taxing authorities on behalf of the purchaser in field (4).
8. In field (5), record any insurance amounts paid on behalf of the purchaser, ensuring they are aware of these costs.
9. If there has been property damage and insurance proceeds were received, provide an accounting in field (6).
10. Attach a legible copy of any current insurance policy or binder as indicated at the end of the form.
11. Finally, sign and date at the bottom of page 2 to complete your document before sending it out.

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