Equity Minimum Agreement In Kings

Q: How much is an equity contract?

Equity&#039;s dues structure has two components: Basic dues: $176 annually, billed at $88 twice a year each May and November. Working dues: 2.5% of gross earnings under Equity contract, which are collected through weekly payroll deductions.

Category:

Real Estate - Contracts - Equity

State:

Multi-State

County:

Kings

Control #:

US-00036DR

Format:

Instant download

Description

The Equity Minimum Agreement in Kings is a legal document designed for individuals entering an equity-sharing venture concerning residential property. This form establishes the framework for shared investment, outlining purchase details such as the purchase price, down payment contributions from each party, and financing terms. It also covers occupancy arrangements, with one party residing in the property, and defines how both parties will manage property expenses and share profits or losses upon sale. Key features include clear terms for cash contributions, obligations for maintenance, and procedures for resolving disputes via mandatory arbitration. Filling instructions suggest users should complete each section accurately, while editing should focus on tailoring specifics to their unique investment situation. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it aids in structuring clear, legal agreements that protect each party's interests. Legal professionals benefit from understanding its comprehensive terms to advise clients effectively.

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FAQ

Equity's dues structure has two components: Basic dues: $176 annually, billed at $88 twice a year each May and November. Working dues: 2.5% of gross earnings under Equity contract, which are collected through weekly payroll deductions.

To obtain a copy of the Guest Artist Agreement Work Rules, email prepaid@actorsequity. Tier ITier II Span of Day 7 of 8 1/2 hours 7 of 10 hours Minimum Weekly Actor Salary $406.00 $542.00 Minimum Weekly SM/ASM Salary $488.00 $651.00 Engagement of 1 Week or Less $50.00 in addition to minimums listed above7 more rows

AEA will also allow members to work in existing membership companies without being under an Equity contract under a new internal union membership rule called the Los Angeles Membership Company Rule. Members may work without contract in companies in which they have participated and that are in existence as of Feb.

Equity agreements allow entrepreneurs to secure funding for their start-up by giving up a portion of ownership of their company to investors. In short, these arrangements typically involve investors providing capital in exchange for shares of stock which they will hold and potentially sell in the future for a profit.

Rehearsals are limited to 25 hours (not including the presentations). Should a producer require more than 25 hours of rehearsal, the producer should contact union representatives at Equity to negotiate an appropriate employment contract.

Rule 6. Form of Papers. (a) All papers submitted to the Commercial Division shall not be inconsistent with CPLR 2101 and section 202.5(a) of this Part. Papers shall be double-spaced and contain print no smaller than 12 point, or 8½ × 11 inch paper, bearing margins no smaller than one inch.

The Civil Court has monetary jurisdiction up to $50,000.00, including replevin when the value of the chattel does not exceed that amount.

Getting Into Court: Jurisdictional Requirements LocationMonetary Threshold New York County $500,000 Onondaga County (Syracuse) $50,000 Queens County $100,000 Seventh Judicial District (Rochester) $50,0007 more rows •

The monetary threshold for cases in Kings County Commercial Division has been raised from $50,000.00 to $75,000.00.