Indianapolis Indiana Commercial Property Sales Package

State:
Indiana Please select your state
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City:
Indianapolis
Control #:
IN-P021-PKG
Format:
Word; 
Rich Text
51 downloads

Description

With this Commercial Property Sales Package, you will find many of the forms that are part of closing a commercial real estate transaction.


Included in your package are the following forms:



1. A Contract for the Sale and Purchase of a Commercial Lot or Land without a Broker;

2. A Option for the Sale and Purchase of a Commercial Building;

3. A Option for the Sale and Purchase of a Commercial Lot or Land;

4. An Addendum for Environmental Assessment of Threatened or Endangered Species or Wetlands;

5. An Addendum for Continued Marketing of Property by Seller due to Contingencies;

6. An Exchange Addendum to Contract for Tax Free Exchange under Section 1031;

7. A Tax Free Exchange Agreement pursuant to Section 1031; and

8. A Fixed Rate Promissory Note Secured by Commercial Real Estate.



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FAQ

Indiana. The most common business license is a Registered Retail Merchant Certificate, or a seller's permit, which allows you to sell products or services in Indiana, and costs $25.

If you are starting a new business in Indiana, you may need to register with the Indiana Department of Revenue. Refer to the Online Business Tax Application (BT-1) Checklist for more information.

Roofing permits are required for the installation of a new roof or the repair of an existing roof where the installation or repair exceeds 500 square feet. The general rule is that a building permit will be required when the work being completed is structural.

General Requirements. Indiana does not have any one single, comprehensive business license. However, all businesses operating in Indiana are subject to regulatory requirements that may involve several state agencies.

General Requirements. Indiana does not have any one single, comprehensive business license. However, all businesses operating in Indiana are subject to regulatory requirements that may involve several state agencies.

An Improvement Location Permit (ILP) is a zoning approval necessary prior to the alteration, change, enlargement, placement, erection or location of any building, structure, improvement or sign. Single-family & Two Family Residential development does not require an ILP.

Improvement Location Permit (zoning) ILP.

Documents may be submitted for recording by mail, through our e-recording partners, or in the office during normal business hours. Deeds or other property transfer documents must be stamped by the Assessor's Office in Room 1360 before being recorded.

Structural Permit: Required when alterations are occurring to an existing structure, proposing new structure, and all other structural alterations, unless otherwise exempt per Sec.

Siding for larger areas or an entire building will require a permit. installation of guardrails does require a permit. Installation, repair or demolition of a shed that is 120 square feet or less.

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Indianapolis Indiana Commercial Property Sales Package