Get the free Excess Funds Form - utexas

This form is used to request the use of lapsed funds from one project to be allocated to another project within the Facilities Services Department at the University of Texas at Austin.

How to fill out excess funds form

How to fill out Excess Funds Form

1. Obtain the Excess Funds Form from the appropriate agency's website or office.
2. Fill in your personal information, including name, address, and contact details.
3. Provide the information regarding the property related to the excess funds, including the address and parcel number.
4. Indicate the amount of excess funds you believe you are entitled to.
5. Attach any required documentation that supports your claim, such as proof of ownership or identification.
6. Review the form for completeness and accuracy.
7. Submit the form according to the provided instructions, either online or by mail.

Who needs Excess Funds Form?

1. Individuals or entities who have sold a property at a foreclosure auction and believe they are entitled to excess funds.
2. Homeowners seeking to reclaim surplus funds after a tax lien sale.
3. Any party with an interest in a real estate transaction where funds remain after debts have been settled.

People Also Ask about

What happens to excess proceeds from foreclosure sales in California?

Trustees forward surplus funds to the state's unclaimed property division if they're not able to contact the prior homeowner(s). Californians may inquire about unclaimed surplus funds with the California State Controller at 1 (800) 992-4647. Remember: prior homeowners are notified of possible surplus funds via mail.

What does "excess funds" mean?

Californians may inquire about unclaimed surplus funds with the California State Controller at 1 (800) 992-4647. Remember: prior homeowners are notified of possible surplus funds via mail. It is important for you to report a forwarding address with the U.S. Post Office once you vacate the foreclosed property.

What is the meaning of excess proceeds?

If the purchase price at the foreclosure sale exceeds the borrower's loan balance, this extra amount is called "excess proceeds," an "overage," or "surplus funds." This amount consists of the remaining balance after paying off the mortgage debt, fees, and foreclosure-related costs.

How to claim surplus funds in California?

Excess Proceeds is the amount of funds remaining after the Treasurer and Tax Collector sells a tax-defaulted property and recovers the taxes, penalties and costs.

What is the meaning of excess funds?

1. : money or other property received as the result of a sale or other transaction especially involving collateral. retain a security interest in the proceeds of collateral. 2. : money received from an insurance policy.

For pdfFiller’s FAQs

What is Excess Funds Form?

The Excess Funds Form is a document used to report and manage funds that exceed a certain limit, typically in financial or grant management contexts.

Who is required to file Excess Funds Form?

Organizations or individuals who have received funds exceeding the allocated or permissible limit, often in grant funding or financial assistance programs, are required to file this form.

How to fill out Excess Funds Form?

To fill out the Excess Funds Form, one should provide relevant financial information, details about the sources of excess funds, and any required documentation as specified by the governing body or organization.

What is the purpose of Excess Funds Form?

The purpose of the Excess Funds Form is to ensure transparency and accountability in the management of funds and to facilitate the appropriate handling of any surplus funds.

What information must be reported on Excess Funds Form?

The information that must be reported typically includes the total amount of excess funds, the source of the funds, the purpose for which the funds were originally intended, and any relevant financial statements or supporting documentation.