Equity Agreement Sample For Business In Maricopa
Category:
State:
Multi-State
County:
Maricopa
Control #:
US-00036DR
Format:
Word;
Rich Text
Instant download
Description
The Equity Agreement Sample for Business in Maricopa is a legal document designed for parties to establish an equity-sharing venture regarding residential property. This form includes essential sections for specifying the parties involved, purchase price details, and the allocation of both down payments and financing arrangements. It outlines the responsibilities related to property maintenance, expense sharing, and how proceeds from a future sale will be divided among the parties according to their respective investments and contributions. The agreement serves to ensure that all parties are aware of their rights and responsibilities, including provisions for dealing with disputes through arbitration. Notably, the form emphasizes the mutual investment intention, detailing how to handle potential depreciation and the process for property appraisal prior to sale. The completed form is particularly useful for attorneys, partners, and associates involved in real estate transactions, as well as for owners and legal assistants who may be involved in drafting, reviewing, or facilitating the execution of such agreements.
Free preview
Form popularity
FAQ
FCV is used to calculate taxes for voter approved bonds, BUDGET overrides and certain special districts. Limited Primary Value (LPV) is a legislatively established value based on a mathematical formula that limits the amount of increase in any given year.
Under A.R.S. 42-13301 the LPV is the limited property value of the property in the preceding valuation year plus five percent of that value.
Under A.R.S. 42-13301 the LPV is the limited property value of the property in the preceding valuation year plus five percent of that value.
Property classified as Legal Class 4.1 is not listed as a registered rental but still does not receive the State Aid to Education Tax Credit. An example of a property in Legal Class 4.1 is a secondary home.
