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What does DA stand for in real estate?

A disbursement agreement is a legal contract between a lender and a borrower. A disbursement agreement outlines what will happen in the event of default by either the borrower or the lender.

What does authorized for disbursement mean?

Authorization and Disbursement After a student is awarded financial aid and accepts the award, you authorize each payment disbursement and disburse the money into the students account.

What is disbursement authorization form?

A commission disbursement authorization form is used by businesses or individuals to request that a percentage of their income be disbursed to a third party.

What is authorization to disburse proceeds?

When a property is sold, a proceeds authorization form may be used by the seller to instruct the title company or escrow agent how to disburse the sale proceeds. This may include paying off any outstanding mortgages, taxes, commissions, and transferring the remaining funds to the sellers designated account.