This form is a simple model for a bill of sale for personal property used in connection with a business enterprise. Adapt to fit your circumstances.
Property Sale Our Fort William In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00167
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Sold subject to contract, or sold STC, means that the buyer has made an offer and the seller has accepted it. But in either case, until the paperwork is completed and the contracts are exchanged – neither the buyer or seller are legally committed to the sale.
In Scotland, a formal offer for property must be submitted by a solicitor. A verbal agreement is never binding and an informal offer would probably be ineffectual.
So, in short, yes you do need a Home Report if you're selling your home in Scotland. However, there are a few exemptions e.g. new builds homes sold “off-plan” or “Right to Buy” homes. You can find out more about the Home Report exemptions here.
When a house is under offer, another buyer can still make an offer. As the contracts have not yet been exchanged, the sale is not legally binding and so other prospective buyers are able to present the seller with new offers.
Personal property is considered Class II property and is taxed at 20 percent of market value. Market value multiplied by 20 percent equals the assessment value, which is then multiplied by the appropriate jurisdiction's millage rates to determine the amount of tax due.
The median property tax rate in Montgomery, AL is 0.40%, significantly lower than both the national median of 0.99% and the Alabama state median of 0.47%.
Alabama has a 0.36 percent effective property tax rate on owner-occupied housing value. Alabama does not have an estate tax or inheritance tax. Alabama has a 30.2 cents per gallon gas tax rate and a $0.675 cigarette excise tax rate. The State of Alabama collects $4,227 in state and local tax collections per capita.
Constitutional limits play a major role in the state's property tax policy. Provisions that would be state statutes in many other states are part of Alabama's constitution.
So, in short, yes you do need a Home Report if you're selling your home in Scotland. However, there are a few exemptions e.g. new builds homes sold “off-plan” or “Right to Buy” homes. You can find out more about the Home Report exemptions here.
Here's a rundown on the 10 documents you need to sell your house. Proof of identity. Energy Performance Certificate (EPC) ... Property title deeds. Fittings and contents form (TA10) ... Leasehold information form (TA7) ... FENSA certificates. Boiler and gas documents. Electrical safety certificate.
