Equity For Share Capital In Florida

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

Description

The Equity Share Agreement is designed for parties looking to invest in residential property together in Florida, establishing a formal equity-sharing venture. This document outlines critical aspects such as the purchase price, allocation of down payments, and financing arrangements, while addressing the responsibilities and rights of each party. Users will find detailed instructions on sharing escrow expenses, maintenance costs, and the distribution of proceeds upon the sale of the property. The agreement promotes transparency and clarity about each party's initial capital contributions, expected occupancy, and the distribution of financial gains. Attorneys, partners, owners, associates, paralegals, and legal assistants can effectively utilize this form to document joint ownership arrangements and clarify obligations, mitigating potential disputes. The provision for mandatory arbitration and stipulations regarding the succession of interests upon a party's death further enhances its utility in protecting both investments and ensuring smooth transitions. Overall, this agreement serves as a crucial framework for collaborative real estate investments in Florida.
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(6)(a) An individual may consent to allow the private entity to swipe the individual's driver license or identification card to collect and store personal information. However, the individual must be informed what information is collected and the purpose or purposes for which it will be used.

In a proceeding by or in the right of someone other than the corporation or a shareholder, recklessness or an act or omission which was committed in bad faith or with malicious purpose or in a manner exhibiting wanton and willful disregard of human rights, safety, or property.

Perjury in official proceedings. (1) Except as provided in subsection (2), whoever makes a false statement, which he or she does not believe to be true, under oath in an official proceeding in regard to any material matter, commits a felony of the third degree, punishable as provided in s. 775.082, s.

Receivership or custodianship. (1) A court in a judicial proceeding brought to dissolve a corporation may appoint one or more receivers to wind up and liquidate, or one or more custodians to manage, the business and affairs of the corporation.

(a) A prosecution for a felony of the first degree must be commenced within 4 years after it is committed. (b) A prosecution for any other felony must be commenced within 3 years after it is committed.

Is Share Capital the Same As Equity? The share capital is the part of a company's equity that it has raised from issuing common or preferred shares and is different from other types of equity accounts.

Authority of foreign corporation to transact business required. (1) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the Department of State.

Stat. 627.7152(10)(a) continues to dictate Assignment of Benefits litigation. This statute dictates if the difference between the judgment obtained by the assignee and the pre-suit settlement offer is less than 25 percent of the disputed amount, the insurer is entitled to an award of reasonable attorney fees.

(a) As used in this section, “control-share acquisition” means the acquisition, directly or indirectly, by any person of ownership of, or the power to direct the exercise of voting power with respect to, issued and outstanding control shares.

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Equity For Share Capital In Florida