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Uniform Residential Loan Application This application is designed to be completed by the applicant(s) with the Lenders assistance. Applicants should complete this form as Borrower or Borrower, as applicable.
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Year acquired refers to the year in which an asset was purchased or obtained.
Individuals or entities who have acquired assets during the tax year are required to report the year acquired.
Year acquired should be reported on tax forms or documents provided by the relevant tax authority, typically in a designated section or field.
The purpose of reporting the year acquired is to accurately track and assess the acquisition date of assets for tax and accounting purposes.
The information that must be reported on year acquired includes the specific year in which the asset was acquired or purchased.
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