Easement and agreement between two properties for a right of way and restrictions for use, access and maintenance of a driveway and parking lot.
An easement gives one party the right to go onto another party's property. That property may be owned by a private person, a business entity, or a group of owners. Utilities often get easements that allow them to run pipes or phone lines beneath private property. Easements may be obtained for access to another property, called "access and egress", use of spring water, entry to make repairs on a fence or slide area, drive cattle across and other uses. The easement is a real property interest, but separate from the legal title of the owner of the underlying land.
In the case of a driveway easement, it allows the person who is the beneficiary of the easement to cross the "servient" property. The land which receives the benefit of the easement is called the "dominant" property or estate. A driveway easement may be created by recording a deed that states, for example, that one neighbor owns the driveway to the halfway point, but has an easement or right of way to use the remainder; however, the adjoining home owns the other half of the driveway, with a right-of-way with respect to the portion the neighbor owns. An easement may be claimed by prescription for the use of the driveway. This requires proof that your neighbor willingly abandoned his use of the driveway during the adverse period when you and your predecessor in title enjoyed the exclusive use of the driveway. Easements should describe the extent of the use, as well as the easement location and boundaries. For example, if an easement is created for the driveway for one house, the owner of the easement cannot turn his house into a hotel with many cars travelling over the easement if the easement was intended for use by a single family.
Share Transfer Agreement Format India
State:
Multi-State
Control #:
US-EAS-33
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Driveway Easement And Shared Parking Agreement?
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File requisite Form with RBI on Firms Portal within 60 days of the receipt of the consideration. The obligation to file such Form with RBI is on resident shareholder whether transferor or transferee . Convene a meeting of the Board of the Directors to consider and approve transfer of shares and record the same.
SH-4 should be Duly stamped. Dated. Specifying the Name, Fatehr Name, Address and Occupation, if any, of the transferee & Transferor. Folio No. ... Distinctive No, Certificate No. ... of Share Transfer. Nominal Value of Shares, Consideration Received. Executed by or on behalf of the transferor and the transferee and '
The following are the core elements of a share transfer agreement : Definition of transfer of shares. Definition of consideration of shares. Date of transfer. Purchase price. Payment. Liability. Creditors. Representations and warranties.
Share transfers process and documents AGREEMENT FOR THE SALE OF SHARES. The seller and the buyer agree to the sale and purchase of the shares. ... TRANSFER FORM. A stock transfer form is a standard document used to transfer existing shares. ... APPROVING REGISTRATION OF THE TRANSFER. ... ISSUING A SHARE CERTIFICATE TO THE TRANSFEREE.
A shares transfer agreement, also known as a stock purchase agreement, is an legal document used to transfer the ownership of shares of stock. The party transferring shares could be a person or a company.