A
termination letter is used to formally end a professional or financial arrangement between two parties.
The letter is legally valid after it has been signed and delivered to one party by the other.
This type of letter is most commonly used to discontinue landlord-tenant or employment relationships.
A
mortgage pre-approval letter is a certification by a financial institution that a borrower has been guaranteed approval for a loan.
This is common when a real estate buyer is making an offer and needs to show they can close on the property.
Some sellers will require that a buyer have a pre-approval letter before even showing the property.
A
financial hardship letter is written by an individual to request temporary relief from an obligation due to extreme financial circumstances.
Commonly used after a job loss,
illness,
death,
or other unforeseen event,
this letter explains to a lender why the individual can no longer make regular payments on a mortgage,
loan,
rent,
or any other bill.
An
estate planning checklist is a guide on how to plan an individual's assets and end-of-life health care if they should die or become incapacitated.
By following the checklist,
an individual can get an idea of the estate laws in their State and choose which forms suit their personal financial situation and health needs best.
A listing agreement is a contract between a property owner and a listing real estate agent hired to sell the residential property in exchange for a percentage of the sales price. The commission is typically paid at the time of closing.
A proof of residency letter is an acknowledgment or sworn statement stating that an individual resides at a specific address. Government agencies and financial institutions commonly require it to authenticate an individual's address.
A purchase and sale agreement is a contract between a buyer and seller for transacting a property in exchange for a specific price. After it is signed, an earnest money deposit is paid by the buyer and is non-refundable if their contingencies are met.
An
employment contract is between an employer and the employee being hired to perform a service in exchange for payment.
An employee's pay,
benefits,
and other employment terms are negotiated during hiring.
After hiring,
workers are commonly considered
"W-2 employees"
and have their payroll taxes withheld from compensation.
A
job offer letter is an offer of employment that includes pay,
work schedule,
and responsibilities.
An offer letter is considered non-binding until accepted by the employee and an employment contract is signed.
A
demand letter for payment is a request for money owed that is commonly the last notice given by the creditor.
The party owed should include language that motivates the debtor to make payment.
Examples include giving a discount if the debtor decides to pay or threatening to send the debt to collections.
