Financial

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

• 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 Contract for Deed form is available in MS Word format and is fully editable to fit your exact circumstances.
• Intended to be used only in the State of Maine.

A promissory note is part of every mortgage transaction. Fill in the details and have the borrower sign this Fixed Rate Mortgage Note for the State of Maine.

• The terms of the Note require the borrower to repay the loan by making monthly payments of principal and accrued interest.
• If on the maturity date there remains any amount outstanding, the borrower will pay the balance in full at that time.
• As the note holder, you (the lender) have the right to demand repayment of the entire outstanding balance of the loan, plus interest, if the borrower defaults in making payments.
• This is an easy-to-use legal form template drafted in plain English in accordance with the Maine plain language law.
• To download the Fixed Rate Mortgage Note, add it to your cart and pay for it. You'll have instant access to the form.

Register a mortgage loan on a real estate property in the State of Maine with this Mortgage Deed form.

• The Mortgage Deed sets out the total amount of the loan, the interest rate, and the amount of the payments to be made by the borrower.
• The form references the statutory condition set out in MRS Title 33, Section 769, and a copy of the statutory condition is included for your convenience.
• This is a digital download in MS Word format.
• Intended to be used only in the State of Maine.

This guide for small business owner managers shows you a way to include senior employees in your business succession plan.

• to honor previous commitments made to these employees,
• to give deserving employees an opportunity to acquire the business,
• family members are not interested in taking over the business,
• senior employees often represent the best possible buyers for the business,
• some combination of all of those reasons.

Management Buyouts: Selling Out to Senior Management is a great guide for owner managers of small businesses.

If you are selling a real estate property in Maryland, you can assist the buyer by carrying part or all of the purchase price with this Contract for Deed (or 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 Contract for Deed form is available in MS Word format and is fully editable to fit your exact circumstances.
• Intended to be used only in the State of Maryland.

Transfer a Maryland real estate property from a seller to a trustee with this downloadable Deed of Trust form.

• Maryland is a "Deed of Trust state" and typically, a Deed of Trust is used instead of a mortgage loan to finance the purchase of real estate.
• Title to the property is conveyed by the seller to a trustee instead of to the purchaser. The trustee holds the title as security to ensure that the purchaser makes the loan payments on time and honors its obligations under the loan.
• If the purchaser defaults, the balance of the loan becomes immediately payable and the trustee may sell the property to satisfy the debt.
• 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.
• Available in MS Word format.
• Intended to be used only in the State of Maryland.

This Massachusetts Contract for Deed form offers buyers and sellers an alternative to traditional mortgage financing for the purchase of a residential property.

• The seller basically takes on the role of the mortgage lender, and the buyer makes monthly payments against the purchase price.
• Interest accrues on the unpaid balance.
• If the buyer defaults in making payments or in performing its other obligations under the contract, the seller must serve notice of the default with a date by which the breach must be cured.
• If the breach is not cured within the allotted time, the seller can retake possession of the property. All of the payments made by the buyer would then be forfeited.
• The template is available in MS Word format.
• Intended to be used only in the Commonwealth of Massachusetts.

Secure a home loan for a Massachusetts real estate property with this standard form Residential Mortgage template.

• The Mortgage contains all the uniform standard covenants and provisions required under U.S. federal mortgage lending laws.
• The form also includes non-uniform provisions in accordance with Massachusetts law, such as statutory power of sale on default by the borrower.
• The borrower waives all homestead exemptions and dower rights in the property.
• Available in MS Word format.
• Intended to be used in the Commonwealth of Massachusetts.

Make a cash advance to a US merchant against its future credit card receivables with this template USA Merchant Cash Advance Agreement.

• The merchant sells to the cash advance company all of its right in a percentage of its future credit card sales for an immediate cash injection, until a specified amount has been paid.
• The purchase and sale of the credit card receivables constitutes a sale of accounts under the Uniform Commercial Code, which vests full ownership in the cash advance company. The merchant has no right to repurchase or resell the receivables.
• The merchant will authorize the credit card company to pay the credit card sales directly to the cash advance company until the specified amount is paid.
• The merchant also grants the cash advance company a security interest in its accounts, inventory, assets, property, all future receivables, and the proceeds thereof.
• The agreement also contains a Personal Guaranty form, to be given by the principal(s) of the merchant, who agree(s) to assume all of the merchant's obligations under the agreement.
• This template is a downloadable and fully editable Microsoft Word document.
• Intended to be used only in the United States.

Does your firm make cash advances to merchants against future credit card receivables? Sign up clients with this Merchant Cash Advance Application Form for the USA.

• The information required in the 3-page application form includes:
  • information about the merchant's business,
  • information about the owners of the business,
  • financial and sales information,
  • disclosure about liens, lawsuits or judgments against the business.
• This is a downloadable and fully editable Microsoft Word document. Buy the form once, use it as often as required.
• Intended for use in the United States only.