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In order to be considered a deed in lieu of foreclosure, the indebtedness must be secured by the real estate being transferred. Both sides must enter into the transaction voluntarily and in good faith. The settlement agreement must have total consideration that is at least equal to the fair market value of the property being conveyed. Sometimes ...
In Contract law, as an exception to the principle of autonomy implicit in the policy of freedom of contract, the parties cannot agree to a voluntary agreement to evade obligations imposed by law or to prevent the courts from taking jurisdiction if a dispute arises.
John Nicholas "Nicky" Sheets was like a character out of the 1980s TV show "Dallas." The motorcycle-riding ostrich rancher with a graying ponytail met his second wife, Eleanor, a successful real ...
Tax amnesty is different from other voluntary compliance strategies in part where tax amnesty usually waives the taxpayers' tax liability. [2] In 2016, Indonesia had run one of the biggest Tax Amnesty scheme in the world and managed to gather around US$9.61 billion as taxes in 9 months.
In this instance, tax is legally due. Business One has engaged in tax evasion, which is criminal. Business Two (or an individual) consults with a tax advisor and discovers that the business can structure a sale as a "like-kind exchange" (formally known as a 1031 exchange, named after the Code section) for other real estate that the business can ...
Previous real estate agents recommended converting the space to a garage for a classic car collection. The previous owners attempted to fashion the shelter into a Tier IV data center — the ...
In property law, alienation is the voluntary act of an owner of some property to dispose of the property. Alienability is the quality of being alienable, i.e., the capacity for a piece of property or a property right to be sold or otherwise transferred from one party to another.
However, the most exciting free agent still available might be the one that has never played in an MLB game. Japanese pitcher Roki Sasaki is the latest superstar arm to journey over to MLB from ...
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