Equity Agreement Statement With 10 In Franklin

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

Description

The Equity Agreement statement with 10 in Franklin is a legal form designed for parties looking to invest collaboratively in a residential property. It outlines the terms of equity-sharing between two investors, referred to as Alpha and Beta, detailing their respective contributions to the purchase price, financing arrangements, and responsibilities pertaining to property management. Key features include the division of costs associated with escrow, loan terms, and the specific percentages of ownership in the property's initial equity investment. This form also addresses occupancy guidelines, distribution of proceeds from a future sale, and protocols for handling disputes through arbitration. Notably, it includes clauses on severability, modification, and governing law, ensuring clarity and enforceability of the agreement. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form particularly useful, as it provides a straightforward framework for establishing joint investment in property while clearly defining rights and obligations. It also helps mitigate risk by formalizing the agreement in writing, protecting the interests of both parties involved.
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FAQ

It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin, for whom the company is named, and who was admired by founder Rupert Johnson Sr.

About the Company Johnson named the company after Benjamin Franklin, who was known to practice frugality and prudence when saving and investing. The company went public in 1971 and, by 2007, had earned its place in the Fortune 500 after a series of key acquisitions.

The company's stock began trading on the New York Stock Exchange in 1986 under the ticker symbol "BEN". In the same year, the company opened its first office outside North America in Taiwan.

Franklin Resources, Inc. NYSE:BEN, is our parent company.

Our transfer agent is Computershare.

A transfer agent's principal functions are to issue and cancel certificates to reflect changes in ownership of the securities of an entity and to act as an intermediary for the company. A registrar's function is to maintain the register of the issuer for each issue of securities.

Franklin Resources, Inc. NYSE:BEN, one of the world's largest investment managers, is better known as Franklin Templeton. Through our distinct specialist investment managers, we offer specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions.

Most issuers identify their transfer agent on their company website under the “Investor Relations” tab. You may need to contact the company directly to obtain the transfer agent's name and contact information.

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Equity Agreement Statement With 10 In Franklin