Equity Share Statement With Interest In Alameda

State:
Multi-State
County:
Alameda
Control #:
US-00036DR
Format:
Word; 
Rich Text
Instant download

Description

The Equity Share Statement with Interest in Alameda is a legal form that outlines the terms and conditions between two parties involved in an equity-sharing venture regarding the purchase of residential property. This the agreement includes details such as the purchase price, down payment distribution, loan terms, and responsibilities for property maintenance. Both parties are designated as tenants in common, and their contributions to the initial capital are clearly defined. Importantly, the agreement addresses scenarios such as the distribution of sale proceeds, rights in the event of death, and governing laws. Additionally, terms for mandatory arbitration in case of disputes ensure clarity and protection for both parties. For attorneys, this form serves as a useful tool in structuring real estate investments between individuals, providing a clear framework for ownership and financial responsibility. Partners and owners can leverage this document to establish equitable terms for shared properties, enhancing legal security. Associates, paralegals, and legal assistants will find it beneficial for drafting and managing real estate agreements, ensuring compliance with legal standards in Alameda.
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FAQ

Within the city of Alameda, short-term rentals are legal but hosts must register with the city and collect a 14% transient occupancy tax. There are a few licensed Airbnb listings operating in compliance with city rules.

Section 6-58.55 of the Alameda Municipal Code requires that landlords provide an initial registration statement for each rental unit, including landlords of units that are subsidized through the Housing Choice Voucher (Section 8) program.

All units in California are covered by the rent-ceiling limitations of State of California rent control except: Affordable housing units, BMR units, project-based subsidized housing and Section 8 voucher units. Dorms constructed and maintained by a university and occupied by enrolled students.

FILING A FORM 700: Go to FPPC.ca >File a Form 700 > Access Log On Page Here > Click Here to File Electronically. Or click here. If you have specific questions about reporting requirements, please contact us at Advice@fppc.ca or 1-866-ASK-FPPC.

A Statement of Economic Interest (FORM 700) is a state form on which state and local government officials publicly disclose their personal assets and income that may be materially affected by their official acts.

2. Code Filers — State and Local Officials, Employees, Candidates, and Consultants Designated in a Conflict of interest Code: File with your agency, board, or commission unless otherwise specified in your agency's conflict of interest code. In most cases, the agency, board, or commission will retain the statements.

Report: Investments, interests in real property, and business positions held on the effective date of the code or amendment must be reported. In addition, income (including loans, gifts, and travel payments) received during the 12 months prior to the effective date of the code or amendment.

Yes. Stocks that are worth $2,000 or more during the reporting period must be reported every year that they are held. The “acquired” and “disposed” dates are only required if the stocks were acquired or disposed of during the period covered by the Form 700.

Form 700 is the tool used by public officials to disclose their financial interests that may be affected by their public official decisions. This ensures that the public is aware of a public official's financial interests and also reminds the public official of potential conflicts.

Who Files the Form 700? State and local government agencies must adopt a conflict of interest code. The codes designates positions within the agency that make or participate in making governmental decisions. Individuals in these positions file Form 700.

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Equity Share Statement With Interest In Alameda