Equity Forward Contract In Fairfax

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

Description

The Equity Forward Contract in Fairfax is a comprehensive agreement designed for parties looking to invest in a shared property. This form outlines essential elements such as the purchase price, down payment contributions, financing details, and the formation of an equity-sharing venture. Key features include defined investment amounts, loan options for additional funding, and a clear structure for occupancy rights and property maintenance responsibilities. It also specifies how proceeds will be distributed upon the sale of the property, reinforcing the intention of the parties to jointly benefit from property appreciation. Filling out the form requires clarity on parties’ financial contributions and obligations, making it critical for legal professionals. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to facilitate property investments, ensuring equitable ownership arrangements and transparent terms for their clients. Additionally, the agreement establishes mechanisms for dispute resolution and modifications, bolstering its utility in diverse legal scenarios.
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FAQ

About Fairfax Financial Fairfax was founded in 1985 by the present Chairman and Chief Executive Officer, Prem Watsa.

Watsa, directly, and indirectly through 1109519 Ontario Limited, The Sixty Two Investment Company Limited and 810679 Ontario Ltd., owns the controlling equity voting interest of Fairfax Financial Holdings Limited ("Fairfax").

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fairfax Financial in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FFH shares.

Prem Watsa CM (born 5 August 1950) is an Indian-Canadian billionaire businessman who is the founder, chairman, and chief executive of Fairfax Financial Holdings, based in Toronto.

Record a forward contract on the contract date on the balance sheet from the seller's perspective. On the liability side of the equation, you would credit the Asset Obligation for the spot rate. Then, on the asset side of the equation, you would debit the Asset Receivable for the forward rate.

Forward Contracts can broadly be classified as 'Fixed Date Forward Contracts' and 'Option Forward Contracts'. In Fixed Date Forward Contracts, the buying/selling of foreign exchange takes place at a specified future date i.e. a fixed maturity date.

The forwards vs. futures distinction lies in their trading methods, as forwards are traded over the counter while futures are traded on an exchange. Futures contracts are traded on exchanges and are standardized and regulated.

Equity Contract means a contract which is valued on the basis of the value of underlying equities or equity indices and includes related derivative contracts.

When are my real estate taxes due? Real estate taxes are due in two equal installments. The due dates are July 28 and December 5 each year.

The tax period for the first half of real estate taxes is from January 1 to June 30. The tax period for the second half of personal property taxes is from July 1 to December 31. The second half of business tangible personal property taxes are due on October 5. The second half of real estate taxes are due on December 5.

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Equity Forward Contract In Fairfax