Products tagged with 'usa lender form'

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Notice of Intention to Sell Property | USA

USA lenders, serve a debtor with this Notice of Intention to Sell Property before the sale, in accordance with applicable laws in your State.

  • The property was pledged as collateral security for a loan from the lender to the debtor.
  • The lender (secured party) prepares and serves the Notice to advise the debtor that the property will be sold either through private sale or at public auction, to cover all or part of the outstanding debt, following default by the debtor in making payment.
  • The form includes a Certificate of Service, to record how the Notice was served on the debtor.
  • This Notice form is available as a MS Word template document which is downloadable and easy to use.
  • The form can be used in States that do not have a statutory form.
$6.29
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Loan Participation Sale and Trust Agreement | USA

Under this Agreement, a lead lender (Seller) participates in one or more loans by transferring an undivided participation ownership interest in the loan to another lender (Buyer).

  • The Buyer receives a percentage yield on its interest, plus a pro rata participation in any interest collected.
  • The Seller is entitled to the remainder of the interest plus any default penalties, late charges, etc.
  • The Seller will act as trustee with fiduciary duties to hold the participation ownership and legal title to the loans and receipts, and to make the required remittances.
  • The Seller, as trustee, will retain all loan documents, mortgage notes, and related items.
  • The Seller will continue to service the loans in the same manner as it services loans for its own account.
  • Available as a fully editable MS Word template.
  • Intended to be used only in the United States.
$34.99
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