Financial

Transfer title of an Oregon real estate property from a seller to a trustee with this Oregon Deed of Trust form.

• A Deed of Trust is often used instead of a mortgage for purchasing real property except for agricultural farm land.
• Under the Deed of Trust, title is conveyed by the seller to a trustee instead of to the purchaser. The trustee holds the title as security to ensure the purchaser's performance of its obligations (including payment of the purchase price, maintenance and upkeep of the property, payment of taxes, etc).
• If the borrower defaults in payment, the balance becomes due and payable and the trustee may sell the property.
• The Deed of Trust contains uniform covenants regarding payments, funds for taxes and insurance, prior mortgages, hazard insurance, occupancy as principal residence, care and maintenance of the property, protection of the lender's security, and other standard clauses.
• Attorney's fees payable by a party under the Trust Deed shall include those awarded by an appellate court.
• The Deed secures any advances made by the lender to protect its interest in the property and rights under the Deed.

Make sure that your small business continues on after you retire with this sample Ownership Succession Plan for Family Business.

• This sample Succession Plan is designed to assist the owners of a family operation or other small business in planning for the future of the business following the retirement, disability or death of the principal owner(s), through:
  • training other members of the family or company team in management roles,
  • granting stock options as incentives,
  • setting up a board of advisers with expertise in financial, legal and other areas,
  • developing business plans and initiatives to grow the business and protect the owners' interests.
• If you run a family business and you haven't put together a succession plan yet, don't put it off any longer. Download and complete this template.

Transfer a part interest in a Deed of Trust and underlying promissory note with this Partial Purchase Agreement for Note and Deed of Trust.

• The buyer agrees to purchase the interest without recourse as to the borrower's future financial performance.
• The buyer will be entitled to a specified number of installment payments, following which the interest will revert back to the seller.
• The seller's liability is limited to the seller's residual interest in the Note and Deed of Trust.
• The agreement is conditional upon the buyer obtaining adequate funds to finance the purchase.
• If the seller cancels the agreement prior to closing, the seller must pay a cancellation fee, plus any costs incurred by the buyer.
• The seller indemnifies the buyer against any liability or expense arising from any inaccuracy or breach of any of the seller's representations or warranties.
• Available in MS Word format.
• This template form can be used by lenders anywhere in the United States.

Prepare a Participating Mortgage for a loan on a condominium project in Canada with this template form.

• A participating mortgage is a loan under which the lender (Mortgagee) participates in the revenues of the property.
• A portion of the interest on the loan is to be paid to the Mortgagee annually.
• A further portion of the interest will be paid from the balance of sale proceeds of each of the condo units (if any), after payment of development costs, financing charges and marketing costs.
• The borrower (Mortgagor) will be paid a general and administrative fee for construction and management of the project.
• A further project expense consisting of interest on the equity is to be paid to the developer.
• After one year, the Mortgagor can prepay all or part of the mortgage loan without bonus or penalty.
• Available in MS Word format.
• Intended to be used in Canada.

If you are selling a real estate property in Pennsylvania, you can assist the buyer by carrying part or all of the purchase price with this Contract for Deed (purchase money mortgage).

• Under the terms of this Contract, the seller effectively becomes the mortgage lender for the balance of the purchase money.
• Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
• The seller has the right to take back the property if the buyer defaults in payment.
• At the seller's option, the balance can be repaid by monthly payments with or without interest until paid, or monthly payments with interest for a fixed number of payments with a balloon payment at the end to pay out the balance.
• This form is in MS Word format and is fully editable to fit your exact circumstances.
• Intended to be used only in the Commonwealth of Pennsylvania.

Place a mortgage on a residential property in Pennsylvania with this fixed rate mortgage form.

• The mortgage form contains both uniform (multistate) covenants under federal mortgage regulations and non-uniform covenants pursuant to Pennsylvania law, including discharge of the mortgage upon payment in full, and provisions for foreclosure of the mortgage if the borrower defaults.
• The mortgage secures the lender's position in connection with a loan and a promissory note signed by the borrower.
• This is a downloadable and fully editable legal template for single family dwellings.
• Available in MS Word format.
• Intended to be used only in the Commonwealth of Pennsylvania.

If you require a Personal Net Worth Statement from a client before supplying services to that client, then this digital template form is ideal for you.

• When filling out the form, the client is asked to provide information concerning all present assets, liabilities and financial details.
• Also included is a Disclosure and Release Statement, authorizing the use of the information for certain specific purposes.
• The form is generic (not country specific) and can be used anywhere. It's also customizable so you can tailor it to your unique business.
• Available as a downloadable MS Word form.

USA lenders, secure repayment of a loan with this Plain Language Promissory Note.

• The Promissory Note form is drafted in language that is clear, concise, and easy for a borrower to understand.
• The principal and interest are to be repaid by a series of equal monthly installment payments.
• Any amount of principal and/or interest not paid on time bears late charges calculated as a percentage of the overdue payment amount.
• The template is not State-specific and can used anywhere in the United States.
• This is a downloadable and customizable legal form template in MS Word format.

Purpose of Document

When securing a loan with shares of stock, the borrower is required to sign a pledge of the shares. This form establishes that the lender will hold the shares as collateral to guarantee repayment of a promissory note.

Lender's Rights and Restrictions

The lender is granted the authority to instruct the issuing company to transfer the ownership of the pledged shares into the lender’s name on the company’s records. However, the lender is not permitted to sell, encumber, or collect dividends on the shares while they are held as security.

Borrower's Rights

The borrower retains the right to vote the shares, provided that he or she is not in default under the terms of the promissory note.

Release of Shares

Once the loan is fully repaid, the shares will be transferred back to the borrower.

Availability of Form

The Pledge of Shares form will download immediately following purchase. This document can be used throughout the United States.

Canadian investment firms, prepare your client contracts with this template Portfolio Management Agreement for Canada.

• The client retains the investment firm to manage and operate its portfolio for an annual fee which is calculated as a percentage of the value of the portfolio.
• The investment firm is responsible for investing and managing the portfolio, and guarantees a minimum annual return.
• Any returns over and above this minimum will be divided between the client and the firm (as an additional management fee).
• The client agrees to indemnify and hold the firm harmless against claims, liabilities, damages and expenses arising as a result of its performance of its duties under the agreement.
• Available as a fully editable MS Word template.
• Intended to be used only in Canada.