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Fill and Sign the Fillable Online Texas Sellers Disclosure of Financing Terms Form

Fill and Sign the Fillable Online Texas Sellers Disclosure of Financing Terms Form

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Seller’s Disclosure Notice – Financing Terms Page 1 of 1 SELLER'S DISCLOSURE NOTICE FINANCING TERMS[Texas Property Code § 5.071] Before the executory contract regarding the property located at: was signed by the purchaser(s), the seller(s) does provide to the purchaser a written statement that specifies:(1) The purchase price of the property is $ ;(2) The interest rate charged under the contract is ;(3) The dollar amount, or an estimate of the dollar amount if the interest rate is variable, of the interest charged for the term of the contract is ; (4) The total amount of principal and interest to be paid under the contract is: ; (5) The late charge, if any, that may be assessed under the contract is ; and (6) The seller may NOT charge a prepayment penalty or any similar fee if the purchaser elects to pay the entire amount due under the contract before the scheduled payment date under the contract.(Date): ________________________________________________(Signature of Seller) Type or Print Name______________________________(Signature of Seller) Type or Print Name(Date): ________________________________________________(Signature of Purchaser) Type or Print Name______________________________(Signature of Purchaser) Type or Print Name

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