Donación Terreno Withdrawn In Fulton
Category:
State:
Multi-State
County:
Fulton
Control #:
US-00207
Format:
Word;
Rich Text
Instant download
Description
This Agreement for Donation of Land to City is an Agreement to donate land to the city with a reverter clause. Tthe Owners have offered to donate the specified land, subject to certain conditions as identified in the Agreement and the City will agree to those terms. The Owners will also have a right of first refusal to match the price and terms of any proposed sale of any of the property donated to the City. This Agreement can be used in any state.
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FAQ
Determining the value of donated property de- pends upon many factors. You should consider all the facts and circumstances connected with the property, including any recent transactions, in determining value. Value may also be based on desirability, use, condition, scarcity, and mar- ket demand for that property.
If you give property to a qualified organization, you can generally deduct the fair market value (FMV) of the property at the time of the contribution.
Charitable Contributions: This is the most common classification for donations, and generally includes any donations made to a 501(c)(3) organization. These donations are typically tax-deductible for the donor.