Common use of FIRPTA TAX WITHHOLDING Clause in Contracts

FIRPTA TAX WITHHOLDING. If any SELLER is a “foreign person” as defined by the Foreign Investment in 492 Real Property Tax Act, the BUYER and SELLER shall comply with the Act, which may require SELLER to 493 provide additional funds at closing. XXXXXX agrees to disclose to the closing attorney/settlement 494 agent at least 10 days before closing if any SELLER is not a U.S. citizen or resident alien.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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FIRPTA TAX WITHHOLDING. If any SELLER is a “foreign person” as defined by the Foreign Investment in 492 527 Real Property Tax Act, the BUYER and SELLER shall comply with the Act, which may require SELLER to 493 528 provide additional funds at closing. XXXXXX agrees to disclose to the closing attorney/settlement 494 529 agent at least 10 days before closing if any SELLER is not a U.S. citizen or resident alien.

Appears in 1 contract

Samples: Purchase and Sale Agreement

FIRPTA TAX WITHHOLDING. If any SELLER is a “foreign person” as defined by the Foreign Investment in 492 527 Real Property Tax Act, the BUYER and SELLER shall comply with the Act, which may require SELLER to 493 528 provide additional funds at closing. XXXXXX SELLER agrees to disclose to the closing attorney/settlement 494 529 agent at least 10 days before closing if any SELLER is not a U.S. citizen or resident alien.

Appears in 1 contract

Samples: Purchase and Sale Agreement

FIRPTA TAX WITHHOLDING. If any SELLER is a “foreign person” as defined by the Foreign Investment in 492 485 Real Property Tax Act, the BUYER and SELLER shall comply with the Act, which may require SELLER to 493 486 provide additional funds at closing. XXXXXX SELLER agrees to disclose to the closing attorney/settlement 494 agent 487 at least 10 days before closing if any SELLER is not a U.S. U. S. citizen or resident alien.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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FIRPTA TAX WITHHOLDING. If any SELLER is a “foreign person” as defined by the Foreign Investment in 492 485 Real Property Tax Act, the BUYER and SELLER shall comply with the Act, which may require SELLER to 493 486 provide additional funds at closing. XXXXXX agrees to disclose to the closing attorney/settlement 494 agent 487 at least 10 days before closing if any SELLER is not a U.S. U. S. citizen or resident alien.

Appears in 1 contract

Samples: Purchase and Sale Agreement

FIRPTA TAX WITHHOLDING. If any SELLER is a “foreign person” as defined by the Foreign Investment in 492 650 Real Property Tax Act, the BUYER and SELLER shall comply with the Act, which may require SELLER to 493 651 provide additional funds at closing. XXXXXX SELLER agrees to disclose to the closing attorney/settlement 494 652 agent at least 10 days before closing if any SELLER is not a U.S. citizen or resident alien.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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