Model Documents

One Set of Documents.
One Industry Standard.

What the ISDA Master Agreement did for derivatives, SFSB model documents do for seller finance. When every deal is papered the same way, every note is easier to underwrite, easier to service, and easier to sell.

The Library

The Standard Documents

Attorney-drafted, board-reviewed, and updated as law and practice evolve. Full forms are a member benefit.

SFSB-MD-1Member Access

Model Promissory Note

The industry-standard seller note. Standardized payment mechanics, interest and default provisions, prepayment terms, and transferability language drafted so the note is liquid — investable and assignable from the day it is signed.

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SFSB-MD-2Member Access

Model Personal Guarantee

A standardized, enforceable personal guarantee for seller-financed transactions. Clear recourse terms, waiver provisions, and financial disclosure requirements that protect the note holder without unfair surprise to the guarantor.

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SFSB-MD-3Member Access

Model Security Agreement

The standard collateral package for a seller-financed sale: granting language, UCC-1 perfection procedures, after-acquired property provisions, and remedies on default — consistent from deal to deal.

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SFSB-MD-4Member Access

Model Asset Purchase Agreement

A complete asset purchase agreement built for transactions where the seller carries a note. Aligns the purchase terms, representations, and closing mechanics with the note, guarantee, and security agreement so nothing conflicts.

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For Sellers

A note written on the standard documents is worth more, because buyers of notes can underwrite it quickly and trust what is inside.

For Brokers & Advisors

Stop reinventing the deal file. Standard documents mean faster closings, fewer attorney hours, and fewer surprises in diligence.

For Note Investors

Uniform paper is investable paper. Standardized terms, guarantees, and collateral make seller notes a scalable asset class.

Access the Standard Documents

Full forms of all four model documents — plus the six SFSB practice standards, education webinars, and the SFA® certification path — are included with membership.

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