Do I need to file a fictitious business name statement in California?

A fictitious business name statement (known as Doing Business As or DBA) must be registered with the city and/or county clerk in the county of the registrant's principal place of business if the business is: A sole proprietorship doing business under a name not containing the owner's surname. A partnership.

Equity Agreement Statement For Property In Santa Clara

Category:

Real Estate - Contracts - Equity

State:

Multi-State

County:

Santa Clara

Control #:

US-00036DR

Format:

Instant download

Description

The Equity Agreement Statement for property in Santa Clara serves as a legally binding document between two parties, referred to as Alpha and Beta, who are co-investing in a residential property. This agreement outlines the purchase details, including the purchase price, down payments, and financing terms. Both parties contribute capital for initial equity investment and agree on the sharing of expenses, such as escrow costs and utilities. The document specifies occupancy arrangements and the distribution of profits upon the sale of the property. Also included are provisions for potential additional loans, the handling of disputes through mandatory arbitration, and the necessity for writings for modifications. This form is particularly useful for attorneys, real estate partners, property owners, associates, paralegals, and legal assistants involved in real estate transactions, offering them a clear framework for equity sharing to minimize conflicts and establish expectations. It is essential to fill in the necessary details accurately and ensure both parties sign the agreement, as well as have it notarized for legal validation.

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FAQ

Business Personal Property includes all supplies, equipment and any fixtures used in the operation of a business. Exempt from reporting are business inventory, application software and licensed vehicles (except Special Equipment (SE) tagged and off-road vehicles).

A Statement of Information must be filed either every year for California stock, cooperative, credit union, and all qualified out-of-state corporations or every two years (only in odd years or only in even years based on year of initial registration) for California nonprofit corporations and all California and ...

What is the purpose of the Business Property Statement (BPS)? The BPS collects information regarding business equipment, supplies and fixtures for each business location. The information an owner provides on the statement is then used to assess and tax property in ance with California state law.

An annual filing of a Business Property Statement is a requirement of section 441(d) of the California Revenue and Taxation Code.

A fictitious business name statement (known as Doing Business As or DBA) must be registered with the city and/or county clerk in the county of the registrant's principal place of business if the business is: A sole proprietorship doing business under a name not containing the owner's surname. A partnership.

As always, you should keep in mind that property bonds are an investment product - this means your capital is at risk and returns are not guaranteed. For experienced investors, alternative investment products such as property bonds are becoming more and more popular.

The process of securing a property bond involves several steps, including: Property Valuation. The court requires an appraisal of the property to verify its value and ensure it meets the required equity threshold. Lien Placement. Legal Documentation. Court Approval. Defendant's Release.

Related Definitions Property bond means a financial guarantee approved by the court, secured by property, real or personal, that the defendant will appear in court as ordered. Property bond means a bail bond executed for compensation the security for which is real property, tangible personal property, or other assets.

Show Up for Court: If the defendant goes to all their court dates, the property bond is released. If not, the court can take steps to sell the property to cover the bail.

Bail bonds in California are valid for the life of the cases unless you miss court or get rearrested. Then, depending on the circumstances, you may need to post another bond.