City of Aurora Request for Statement of Open Accounts
This file provides a formal request for a statement of open accounts related to property transactions in Aurora, Illinois. It is essential for sellers and grantors to fulfill the necessary requirements before closing. Accurately complete the form to ensure a smooth and timely process.
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How do I fill this out?
To fill out this form, start by entering your personal information at the top. Next, provide the details of the property involved in the transaction. Finally, ensure all required signatures are included before submitting your request.
How to fill out the City of Aurora Request for Statement of Open Accounts?
1
Fill in the seller's or grantor's name and contact information.
2
Provide details about the property including the PIN and address.
3
Indicate the selling price and closing date.
4
Select any applicable options regarding the property.
5
Sign and date the form before submitting it.
Who needs the City of Aurora Request for Statement of Open Accounts?
1
Property sellers who are closing a real estate transaction.
2
Real estate agents representing sellers or grantors.
3
Buyers needing account details prior to closing.
4
Legal representatives assisting clients with property sales.
5
Property managers handling rental transactions.
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What are the instructions for submitting this form?
To submit this form, email it to water@aurora.il.us or fax it to (630) 256-3609. Ensure that the form is completed in full, as incomplete submissions will be returned, causing delays. For any queries, please contact the City of Aurora Water Billing Division at (630) 256-3600 for assistance.
What are the important dates for this form in 2024 and 2025?
For the upcoming year, important dates include property transaction closing dates and the required submission timeframe of 5 business days prior to these dates. For 2024 and 2025, be mindful of scheduling to ensure all necessary documentation is prepared on time.
What is the purpose of this form?
The purpose of this form is to officially request a Statement of Open Accounts for property transactions in the City of Aurora. This ensures that all outstanding accounts related to the property are settled prior to closing. Completing this request accurately helps facilitate a smooth transaction for all parties involved.
Tell me about this form and its components and fields line-by-line.
- 1. Seller/Grantor Name: The name of the seller or grantor requesting the statement.
- 2. Phone Number: Contact number for the seller or grantor.
- 3. Property Address: Location of the property associated with the transaction.
- 4. Selling Price: The sale price of the property.
- 5. Closing/Effective Date: Date when the transaction is expected to close.
What happens if I fail to submit this form?
Failing to submit this form on time can delay your property closing process. It is crucial to have the Statement of Open Accounts available prior to the closing date to ensure all obligations are met.
- Delay in Closing: Missing submission can lead to delays in finalizing the property sale.
- Inaccurate Statements: Failure to provide complete information may result in issues with open accounts.
- Rushed Completion: Last-minute submissions can create unnecessary pressure for all parties.
How do I know when to use this form?
- 1. Real Estate Transactions: Necessary for sellers when finalizing property sales.
- 2. Property Management: Used by managers to settle accounts before tenant turnover.
- 3. Legal Transactions: Lawyers may use this for verification of financial details related to a case.
Frequently Asked Questions
How do I fill out the Statement of Open Accounts?
Begin by entering the required information in each field as instructed. Make sure to provide accurate details to avoid delays.
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How can I share this PDF with others?
You can easily share this PDF via email or social media using the sharing options in PrintFriendly.
What if I forget to submit this form?
It's important to submit this form timely to avoid delays in your transaction. Please ensure you follow submission guidelines.
What details are required to fill this form?
You need to provide your name, contact number, property details, and signatures.
Can I submit the form via fax?
Yes, you can submit the form by faxing it to the designated number provided.
Is there a deadline for submitting this form?
Yes, the form should be submitted at least 5 business days before closing.
What errors commonly occur when filling this form?
Common errors include missing signatures and incorrect property details.
How do I check the status of my submission?
For a status check, please contact the Revenue and Collections Division directly.
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