Equity Share With Meaning In Miami-Dade

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

Description

The Equity Share Agreement is a legally binding document that outlines the terms under which two investors, referred to as Alpha and Beta, co-invest in a residential property in Miami-Dade. This form defines the purchase price, down payments, and how expenses like escrow costs are shared. It establishes the framework for an equity-sharing venture, detailing each party's investment contributions and their respective ownership percentages. The agreement specifies how maintenance responsibilities, occupancy rights, and financial gains from the property's resale are divided. It emphasizes that both parties intend to share in the appreciation of the property’s value, detailing the steps to be taken if the property appreciates or depreciates. This document is essential for attorneys, partners, owners, associates, paralegals, and legal assistants engaged in real estate transactions, providing clear instructions for filling out and modifying the agreement as necessary. Users can utilize this agreement for co-investing, clarifying roles and expectations, and legally protecting their investment through defined terms and conditions.
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FAQ

A procurement department is the backbone of your organization. They are responsible for acquiring your business's goods and services for a smooth operation. To keep it simple, consider them your company's personal & strategic shoppers. They find you the best deal for everything you need, from paper clips to machines.

“Purpose-Driven Procurement” or “PDP” means the collection of policies established through the Miami-Dade Code of Ordinances, resolutions adopted by the Board of County Commissioners, AOs, IOs, and accompanying procedures and plans that are designed to prioritize equity, inclusion, environmental resiliency and ...

The tax rate for Miami-Dade County is 60 cents on each $100, or portion thereof, of the total consideration. Miami-Dade County also has a surtax of 45 cents on each $100, or portion thereof, of the total consideration. The surtax is not due on a document that transfers only a single-family dwelling.

The County shall provide the Office of the Inspector General with appropriately located office space and sufficient physical facilities together with necessary office supplies, equipment and furnishings to enable the Office to perform its functions.

The Widow/Widower's Exemption provides a $5,000 reduction in property assessment to every widow or widower who is a bona fide resident of this state. Form DR-501, (section 196.202, F.S.).

“Purpose-Driven Procurement” or “PDP” means the collection of policies established through the Miami-Dade Code of Ordinances, resolutions adopted by the Board of County Commissioners, AOs, IOs, and accompanying procedures and plans that are designed to prioritize equity, inclusion, environmental resiliency and ...

A continuous wall or fence that is owned by multiple property owners or held in common ownership shall be of uniform construction and materials and its exterior shall also be maintained in good, clean and finished condition for the entire length of said wall or fence.

Miami-Dade County has approved an ordinance, allowing an accessory dwelling unit (ADU) or guesthouse in a single-family zoned district either as a newly detached or attached dwelling unit, including the conversion of a portion of an existing single-family dwelling.

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Equity Share With Meaning In Miami-Dade