Buy-sell Agreement
Definition of "Buy-sell agreement"
Partnership agreement where the parties consent to purchase the interest of those leaving the partnership while those leaving similarly consent to sell their interests to agreement for a partnership in the event of the death or disability of one or more partners or the occurrence of some other specified event.
Popular Real Estate Terms
Sale that is finalized only in the case of a particular occurrence or eventuality. ...
Methods of owning real estate. Ownership form has important consequences for income tax, estate tax, corporate income tax, and survivorship. Real estate may be owned by one or more persons. ...
To define active participation, we have to look at owning residential rental real estate. Activities that handle rental real estate are considered passive activities and are affected by the ...
Relationship between individuals or entities out of which exists a mutual interest. An example is a privity of contract among the contracting parties concerning the actions each are to take. ...
Geographic location where a vacant or occupied structure exists. It usually means the land reserved is for a future building. ...
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Pipes transporting water. ...
The common law right of a landowner whose land borders a river or stream to use and enjoy that water. ...
Choosing alternative real estate investment instruments having different risk-return features. Diversification can be done by regions and types of real estate. Diversification provides a ...
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