Tax deferred exchange[3]

Reviews
Shared by: Susan Smith
Categories
Tags
Stats
views:
47
rating:
not rated
reviews:
0
posted:
6/6/2008
language:
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
Deferred Tax
Views: 40  |  Downloads: 4
tax deferred
Views: 50  |  Downloads: 0
Deferred Tax
Views: 134  |  Downloads: 5
DEFERRED TAXATION
Views: 19  |  Downloads: 0
Deferred Tax
Views: 25  |  Downloads: 2
Deferred Tax and Investment Properties
Views: 4  |  Downloads: 0
Deferred tax
Views: 1  |  Downloads: 0
deferred_tax
Views: 2  |  Downloads: 2
deferred_tax_in_aoci
Views: 2  |  Downloads: 1
Deferred Tax Examples
Views: 634  |  Downloads: 20
tax deferred annuity
Views: 19  |  Downloads: 1
Deferred Income Tax...
Views: 108  |  Downloads: 5
Other docs by Susan Smith
Truck lease and service agreement[7]
Views: 82  |  Downloads: 3
Small business loan application checklist[3]
Views: 84  |  Downloads: 1
Security deposit[5]
Views: 68  |  Downloads: 0
Sample lock box agreement[5]
Views: 55  |  Downloads: 0
Pledge of rents[4]
Views: 51  |  Downloads: 1
Petition on application for change of name[5]
Views: 42  |  Downloads: 3
MUNICIPAL LEASE AND OPTION AGREEMENT[4]
Views: 64  |  Downloads: 1
Lease of construction equipment[4]
Views: 42  |  Downloads: 3
In connection with deed of trust[3]
Views: 51  |  Downloads: 1
Guaranty of equipment lease[4]
Views: 39  |  Downloads: 0
General forms[4]
Views: 34  |  Downloads: 0
For rent[4]
Views: 28  |  Downloads: 0
For insurance premium[4]
Views: 32  |  Downloads: 0
For deposit on commercial lease[3]
Views: 33  |  Downloads: 0