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Fill and Sign the Texas Sellers 497327186 Form

Fill and Sign the Texas Sellers 497327186 Form

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ANNUAL ACCOUNTING [Texas Property Code § 5.077] NOTICE: The seller shall provide the purchaser with an annual statement in January of each year for the term of the executory contract. If the seller mails the statement to the purchaser, the statement must be postmarked not later than January 31. TO: Purchaser(s)             ACCOUNTING PERIOD:       The following is your accounting of the payments made on the contract in regard to the property located at       . (1) The amount paid under the contract is $       . (2) The remaining amount owed under the contract is $       . (3) The number of payments remaining under the contract is       . (4) The amounts paid to taxing authorities on the purchaser's behalf if collected by the seller were $       . (5) The amounts paid to insure the property on the purchaser's behalf if collected by the seller were $       . (6) The property has been damaged and the seller has received insurance proceeds. An accounting of the proceeds applied to the property is:       (7) The seller has changed insurance coverage. A legible copy of the current policy, binder is attached. SIGNED AND MAILED on the ______ day of __________________ , 20 ______ . Annual Accounting Page 1 of 2 ______________________________ (Signature of Seller)       Type or Print Name ______________________________ (Signature of Seller)       Type or Print Name Annual Accounting Page 2 of 2

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