Financial Forms

Did you know that if you have an auto accident and your insurance company negotiates a settlement with the other party, they may still have the right to take legal action against you? Protect yourself with this Release and Reservation of Rights form.

• You should get this release signed at the same time that the insurer pays out the settlement to the other party.
• The releasing party acknowledges that they are accepting the settlement payment as a full settlement of all claims.
• The releasing party releases and indemnifies you and your insurance company from any further claims, damages, and actions arising out of the automobile accident.
• The releasing party reserves their right to make a claim against any other person.
• The Release and Reservation of Rights form is available as a MS Word download. Other formats available on request.

Renounce your interest in a fixture which was used as collateral for a loan or credit facility with this easy-to-use form for Canadian lenders.

• This form of notice is given by a secured party to give up its security interest in a defaulting debtor's fixture after the outstanding debt has been paid by another party who also has an interest in the fixture (such as a landlord).
• This form can be used in any Canadian province or territory.
• The form is a downloadable Microsoft Word document.

Renounce your rights in assets you used as collateral for a loan with this Renunciation of Rights in Collateral form, for use in Canada.

• The Notice is given by a defaulting debtor to the lender who has a security interest in the assets..
• The debtor renounces all rights it has in the collateral, and turns the collateral over to the lender, as secured party.
• This form can be used in any Canadian province or territory.
• The Canada Renunciation of Rights in Collateral template is a downloadable Microsoft Word document.

Request a credit reference for a new corporate customer with this easy-to-use template form.

• The form consists of a cover letter to a supplier that already provides credit facilities to the customer and an information sheet to be filled in by the supplier and returned to you.
• Ask for credit references from several suppliers which already deal with your customer.
• The responses you receive will help you determine what the creditworthiness of the customer is, and decide whether or not to extend credit facilities.
• You can re-use the Request for Credit Reference form, edit it as you like, and tailor it for your business.
• This generic MS Word template can be used anywhere.

Sign up a client for your accounting services with this easy-to-use Retainer Agreement template.

• The Retainer Agreement contains standard terms such as:
  • The services to be provided by the accountant.
  • The accountant's billing rate and terms of payment.
  • Independent contractor provision which clarifies that the accountant is not an employee of the client.
  • Prevailing party clause to cover recovery of legal fees in the event of legal action by either party.
• The accountant is responsible for paying his/her own taxes.
• This is a generic contract template which can be used practically anywhere.
• Available in MS Word format and fully customizable.

Worried about saving enough for your retirement? Learn how to identify and take advantage of the best ways to save for your retirement with this guide for Canadians.

Topics include:

• dynamics of financial planning,
• determining personal goals,
• sources of retirement income,
• tax consequences,
• preparation and implementation of a specific plan of action,
• alternative strategies in the event of a shortfall.

Retirement Planning Strategies for Canadians is provided by Chimo Financial Services. This guide is intended for Canadian citizens, whether they live in or outside of Canada.

Provide revolving credit facilities to a corporate borrower under the terms of this Revolving Loan Agreement.

• This is a digital template for lenders in the United States.
• The Loan Agreement allows the borrower to borrow and reborrow funds up to a specified maximum amount.
• The borrower grants the lender a security interest in all of the borrower's assets and proceeds.
• Interest is computed daily and is payable monthly on the last day of the month.
• The loan may be paid out in whole or in part at any time without penalty.
• Available as a downloadable and fully editable MS Word document.

Create a promissory note for repayment of a revolving loan with this customizable template for credit facilities.

• The Note is secured by a Security Agreement.
• The entire loan amount plus interest becomes payable if an event of default occurs.
• The prevailing party in a legal action is entitled to costs, including reasonable attorneys' fees.
• The Note can be used throughout the United States.
• Available in MS Word format, reusable and fully editable.

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

• A contract for deed (or purchase money mortgage) allows a buyer to pay over time, with the seller carrying the balance until the last payment is made. 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.
• Available in MS Word format.
• Intended to be used only in the State of Rhode Island.

Take out a mortgage on a residential property with this Rhode Island fixed rate mortgage form.

• The mortgage form contains both uniform (multistate) covenants under federal mortgage regulations and non-uniform covenants pursuant to Rhode Island law, including discharge of the mortgage upon payment in full, and waiver of homestead exemption, so that the borrower cannot protect the property against possession and sale by the lender if the borrower defaults.
• The mortgage also contains representations with respect to automatic orders in domestic relations cases under Rhode Island General Laws Chapter 15-5.
• This is a standard type of mortgage for single family dwellings.
• Available in MS Word format.
• Intended to be used only in the State of Rhode Island.