![]() Use tax means a nonrecurring tax, other than a sales tax, which (a) is imposed on or with respect to the exercise or enjoyment of any right or power over tangible personal property incident to the ownership, possession or custody of that property or the leasing of that property from another including any consumption, keeping, retention, or other use of tangible personal property and (b) is complementary to a sales tax. Transfer Tax means any tax or charge, including any documentary stamp tax, imposed or collected by any governmental or regulatory authority in respect of any transfer of any security, instrument or right, including Rights, shares of Common Stock and shares of Preferred Stock.Ĭonveyancer means the conveyancer described at paragraph 6 of the Schedule Ĭonveyancers means conveyancers nominated by the Seller in terms of clause 1.15 of the Contract of Sale Ĭonveyance Papers shall have the meaning specified in Section 3.1.Ĭonveyance Agreement means the Conveyance Agreement Master Securitization Terms Number 1000, dated February 29, 2008, as amended and reaffirmed from time to time, among the Master Depositor, Deutsche Bank Trust Company Americas (as successor in interest to The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A.), as eligible lender trustee for the benefit of the Master Depositor, VL Funding, as the depositor, Deutsche Bank Trust Company Americas (as successor in interest to The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A.), as eligible lender trustee for the benefit of VL Funding, and Xxxxxx Xxx, Inc., as master servicer, together with each executed Purchase Agreement (as defined therein), each executed Xxxx of Sale (as defined therein) and all attachments thereto. The payment of Conveyance Tax/Transfer Fees by check may not exceed the total amount due for the Conveyance Tax and Transfer Fee(s) per transaction.Ĭonveyance Taxes means all sales, use, value added, transfer, stamp, stock transfer, real property transfer or gains and similar Taxes. General Filing and Payment RequirementsAlthough the Conveyance Tax Law is administered by the Department of Taxation (Department), forms and payments are generally submitted to the Bureau of Conveyances (BOC), which is part of the Department of Land and Natural Resources. Multiple Conveyance Tax transactions collectively paid with one check will not be accepted.įor example, an exemption from the Real Estate Conveyance Tax was created for property conveyances of less than $2,000 because the amount of revenue that would be collected was considered too small to justify the administrative cost of collecting it. Report Title: Conveyance Tax Controlling Interest Transfer Description: Imposes a conveyance tax on the conveyance of a controlling interest of an entity that has an interest in real property in the State. Required documents, including duly executed State of Connecticut Real Estate Conveyance Tax Returns, evidencing that the conveyances hereunder are exempt from real property conveyance taxes.Īdoption of a resolution authorizing the expenditure of Construction Tax and Property Conveyance Tax funds currently allocated for “Service Yards” purposes for the South San José Police Substation project pursuant to Municipal Code 4.55.300. We) declare, under the penalties prescribed for false declaration in section 231-36, HRS, that this certificate (including accompanying schedules or statements) has been examined by me (us) and, to the best of my (our) knowledge and belief, is a true, correct, and complete certificate, made in good faith, for the actual and full consideration paid on the conveyance to which this certificate is appended, pursuant to the Conveyance Tax Law, chapter 247, HRS. ![]() ![]() We) declare, under the penalties prescribed for false declaration insection 231-36, Hawaii Revised Statutes (HRS), that this certificate (including accompanying schedules or statements) has been examined by me (us) and, to the best of my (our) knowledge and belief, is a true, correct, and complete certificate, made in good faith, for the actual and full consideration paid on the conveyance to which this certificate is appended, pursuant to the Conveyance Tax Law, chapter 247, HRS. The Seller, after the review and consent by the Purchaser, shall file such applications and documents as shall permit any such Conveyance Tax to be assessed and paid on or prior to the Closing in accordance with any available pre-sale filing procedure.
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