This is a rider to the software/services master agreement order form. It provides that a related entity of the customer may use the software purchased from the vendor.
Florida Related Entity
Category:
State:
Multi-State
Control #:
US-TC05082H
Format:
Word;
PDF;
Rich Text
Instant download
Description
How to fill out Related Entity?
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FAQ
?Conduit entity? means a legal entity to which real property is conveyed without full consideration by a grantor who owns a direct or indirect interest in the entity, or a successor entity. b. ?Full consideration? means the consideration that would be paid in an arm's length transaction between unrelated parties.
? Tax on Transfers of Property to a Conduit Entity Tax is due at the rate of 70 cents for each $100 or a fraction thereof on the consideration given for the conduit entity ownership interest transferred. Tax is to be paid in the same manner as the documentary stamp tax due for all other taxable documents.
The lender is the taxpayer for the nonrecurring intangible tax. The nonrecurring intangible tax is paid at the time the mortgage is filed or recorded in Florida.
Documentary stamp tax is payable by any of the parties to a taxable transaction. If one party is exempt, the tax is required of the nonexempt party. United States government agencies; Florida government agencies; and Florida's counties, municipalities, and political subdivisions are exempt from documentary stamp tax.
(g) ?Public entity crime? means a violation of any state or federal law by a person with respect to and directly related to the transaction of business with any public entity or with an agency or political subdivision of any other state or with the United States, including, but not limited to, any bid, proposal, reply, ...
Section 201.02(1)(a), Florida Statutes (F.S.), imposes documentary stamp tax on any document (for example, deeds) that transfers an interest in Florida real property.
(1) The name of a limited liability company: (a) Must contain the words ?limited liability company? or the abbreviation ?L.L.C.? or ?LLC? as will clearly indicate that it is a limited liability company instead of a natural person, partnership, corporation, or other business entity.
?The purpose of this chapter is: (1) To give statutory recognition to the condominium form of ownership of real property. (2) To establish procedures for the creation, sale, and operation of condominiums. Every condominium created and existing in this state shall be subject to the provisions of this chapter.
