Missouri Property And Casualty Exam Questions

State:
Missouri
Control #:
MO-P021-PKG
Format:
Word; 
Rich Text
Instant download

Description

With this Commercial Property Sales Package, you will find many of the forms that are part of closing a commercial real estate transaction.


Included in your package are the following forms:



1. A Contract for the Sale and Purchase of a Commercial Lot or Land without a Broker;

2. A Option for the Sale and Purchase of a Commercial Building;

3. A Option for the Sale and Purchase of a Commercial Lot or Land;

4. An Addendum for Environmental Assessment of Threatened or Endangered Species or Wetlands;

5. An Addendum for Continued Marketing of Property by Seller due to Contingencies;

6. An Exchange Addendum to Contract for Tax Free Exchange under Section 1031;

7. A Tax Free Exchange Agreement pursuant to Section 1031; and

8. A Fixed Rate Promissory Note Secured by Commercial Real Estate.



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How to fill out Missouri Commercial Property Sales Package?

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FAQ

It is a crime to act as a home improvement contractor, subcontractor or salesperson in the State of Maryland without an MHIC license. 2. An unlicensed contractor may have a criminal history of violent crimes; he may be on probation. Perhaps he's also ripped off other homeowners.

To obtain a Maryland Home Improvement Contractor's License, you'll need the following: Two years of experience. Pass a licensing examination. Meet financial guidelines (have more assets than debt) or purchase a surety bond.

From a practical standpoint, any subcontractor performing residential construction work in Maryland should have a MHIC license; however, if the subcontractors does not have one, it may not fully preclude them from obtaining payment from the general contractor.

In Maryland, it is illegal to act as a home improvement contractor, subcontractor or salesperson without a valid license. Licenses are issued by the Maryland Home Improvement Commission (MHIC). To verify a license, call MHIC at 410.230. 6309 or check online at Public Search .

A handyman working in Maryland will need a Home Improvement license from the Department of Labor, Licensing and Regulation. ing to the department website, this will cover additions or alterations, conversions, improvement, modernization, remodeling, repair or replacement of a residential building.

Check to see if an individual or business is licensed before they do business for you. Choose the profession from the list below and click to see if they are licensed by the State of Maryland. Financial Regulatory licensing search information is also available.

Contracting businesses that plan to work on residential buildings will have to obtain a license from the Home Improvement Commission, which is a subdivision of the Maryland Department of Labor, Licensing, and Regulation.

? Look up your business status at businessexpress.maryland.gov (instructions on page 3). To return your business to ?Active? or ?Good Standing? Status: ? File Annual Reports & Business Personal Property Returns due (instructions on page 4).

A business license is required for most businesses, including retailers and wholesalers. A trader's license is required for buying and re-selling goods. And you, or the professionals you hire, may need individual occupational and professional licenses.

Learn about state and county licenses through the Maryland Business Resources website. For current applicable fees call the License Department for assistance. The number is 240-777-9460.

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Missouri Property And Casualty Exam Questions