Tax Deferred Exchange

Reviews
Shared by: Roshan
Categories
Tags
Stats
views:
246
rating:
not rated
reviews:
0
posted:
10/31/2007
language:
English
pages:
0
Tax deferred exchange. Landlord shall have the right to require the purchase of the Property by Tenant pursuant to this Article — to be structured as a tax deferred exchange under Section 1031 of the Internal Revenue Code and the regulations adopted thereunder, or such substantially equivalent provision of Internal Revenue Code as is then applicable to sales of property; Tenant shall execute such documents and instruments as may be required by Landlord to facilitate a tax deferred exchange under applicable law, at no additional cost or expense to Tenant. Landlord hereby agrees to indemnify Tenant for any such cost or expense that Tenant may incur in connection with such tax deferred exchange, and from and against any claims, liabilities, costs or expenses answering out of any acquisition agreement executed by Tenant pursuant to this subsection (—). Further, Tenant shall not be required to answer any other liability of Landlord in connection with such tax deferred exchange, except that Tenant shall execute an acquisition agreement if requested by Landlord in order to facilitate an exchange, so long as Tenant has no liability under such agreement beyond the deposit monies payable thereunder, which deposit monies shall be paid by Landlord, not Tenant. In addition, if at the time of Tenant's exercise of its option to purchase, there is a mortgage against the Premises, Landlord shall have the right to require Tenant to accept title under and subject to such mortgage, and Tenant shall execute such mortgage assumption agreements as the holder of the mortgage may require, and the principal balance of the mortgage loan, as of the date of settlement, shall be credited against the purchase price calculated in accordance with subparagraph (—) above.

Related docs
TAX DEFERRED EXCHANGE 1031
Views: 57  |  Downloads: 0
tax deferred
Views: 47  |  Downloads: 0
1031 Tax Deferred Exchange News
Views: 22  |  Downloads: 0
Your 1031 Tax Deferred Exchange Specialists
Views: 16  |  Downloads: 0
Tax deferred exchange
Views: 197  |  Downloads: 4
1031 Tax Deferred Exchange Worksheet
Views: 516  |  Downloads: 51
1031 Tax Exchange
Views: 26  |  Downloads: 2
premium docs
Other docs by Roshan
sonybmg_hearing_order_final
Views: 119  |  Downloads: 0
sonybmg_affidavit
Views: 94  |  Downloads: 1
sony_settlement
Views: 212  |  Downloads: 2
sony_response
Views: 228  |  Downloads: 5
sony_prelim_approval_motion
Views: 173  |  Downloads: 3
sony_complaint
Views: 292  |  Downloads: 6
objection
Views: 226  |  Downloads: 1
NY_complaint
Views: 180  |  Downloads: 2
ND_cal_complaint
Views: 117  |  Downloads: 1
fewer_affidavit
Views: 106  |  Downloads: 0
errata
Views: 206  |  Downloads: 2
cohn_affidavit_ex3
Views: 121  |  Downloads: 1
cohn_affidavit_ex2
Views: 101  |  Downloads: 0
cohn_affidavit_ex1
Views: 142  |  Downloads: 3
cohn_affidavit
Views: 129  |  Downloads: 1