Common use of IRS Reporting Requirements Clause in Contracts

IRS Reporting Requirements. Seller and Buyer acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires that notice of the sale and purchase of the Property described in said Contract, be provided to the Internal Revenue Service (herein "IRS") by preparation of and filing with the IRS of IRS Form 1099-S; and further, Seller and Buyer agree to furnish and provide to the Title Company any and all information that the Title Company may require in order for the Title Company to (a) comply with all instructions to the IRS Form 1099-S in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form 1099-S with respect to this transaction.

IRS Reporting Requirements. Seller and Buyer Xxxxx acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires that notice of the sale and purchase of the Property described in said Contract, be provided to the Internal Revenue Service (herein "IRS") by preparation of and filing with the IRS of IRS Form 1099-S; and further, Seller and Buyer agree to furnish and provide to the Title Company any and all information that the Title Company may require in order for the Title Company to (a) comply with all instructions to the IRS Form 1099-S in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form 1099-S with respect to this transaction.

IRS Reporting Requirements. Seller and Buyer Xxxxx acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires that notice of the sale and purchase of the Property described in said Contract, be provided to the Internal Revenue Service (herein "IRS") by preparation of and filing with the IRS of IRS Form 1099-S; and further, Seller Xxxxxx and Buyer Xxxxx agree to furnish and provide to the Title Company any and all information that the Title Company may require in order for the Title Company to (a) comply with all instructions to the IRS Form 1099-S in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form 1099-S with respect to this transaction.

IRS Reporting Requirements. Seller and Buyer Purchaser acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires that notice of the sale and purchase of the Property described in said Contractthis Agreement, be provided to the Internal Revenue Service (herein "IRS") IRS by preparation of and filing with the IRS of IRS Form 1099-SB; and further, Seller and Buyer Purchaser agree to furnish and provide to the Title Escrow Company any and all information that the Title Escrow Company may require in order for the Title Escrow Company to (a) comply with all instructions to the IRS Form 1099-S B in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form 1099-S B with respect to this transaction.

IRS Reporting Requirements. Seller and Buyer Purchaser acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires may require that notice of the sale and purchase of the Property described in said Contractthis Agreement, be provided to the Internal Revenue Service (herein "IRS") IRS by preparation of and filing with the IRS of IRS Form 1099-SB; and further, Seller and Buyer Purchaser agree to furnish and provide to the Title Escrow Company any and all information that the Title Escrow Company may require in order for the Title Escrow Company to (a) comply with all instructions to the IRS Form 1099-S B in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form 1099-S B with respect to this transaction.

IRS Reporting Requirements. Seller and Buyer Purchaser acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires that notice of the sale and purchase of the Subject Property described in said Contractthis Agreement, be provided to the Internal Revenue Service (herein "the “IRS"”) by preparation of and filing with the IRS of one or more IRS Form 1099-SB; and further, Seller and Buyer Purchaser agree to furnish and provide to the Title Company any and all information and documentation, including without limitation the Designation Agreement, that the Title Company may require in order for the Title Company to (a) comply with all instructions to the IRS Form Forms 1099-S B in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form Forms 1099-S B with respect to this transaction.

IRS Reporting Requirements. Seller and Buyer acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires that notice of the sale and purchase of the Property described in said Contract, be provided to the Internal Revenue Service (herein "IRS") by preparation of and filing with the IRS of IRS Form 1099-S; and further, Seller and Buyer agree to furnish and provide to the Title Company any and all information that the Title Company may require in order for the Title Company to (a) comply with all instructions to the IRS Form 1099-S in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form 1099-1099- S with respect to this transaction.

IRS Reporting Requirements. Seller and Buyer Purchaser acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires that notice of the sale and purchase of the Subject Property described in said Contractthis Agreement, be provided to the Internal Revenue Service (herein "the “IRS"”) by preparation of and filing with the IRS of one or more IRS Form 1099-SB; and further, Seller and Buyer Purchaser agree to furnish and provide to the Title Company any and all information and documentation, including without limitation the Designation Agreements, that the Title Company may require in order for the Title Company to (a) comply with all instructions to the IRS Form Forms 1099-S B in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form Forms 1099-S B with respect to this transaction.

IRS Reporting Requirements. Seller and Buyer Xxxxx acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires that notice of the sale and purchase of the Property described in said Contract, be provided to the Internal Revenue Service (herein "IRS") by preparation of and filing with the IRS of IRS Form 1099-S; and further, Seller Xxxxxx and Buyer Xxxxx agree to furnish and provide to the Title Company any and all information that the Title Company may require in order for the Title Company to (a) comply with all instructions to the IRS Form 1099-S in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form 1099-1099- S with respect to this transaction.

IRS Reporting Requirements. Seller and Buyer Purchaser acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires that notice of the sale and purchase of the Property described in said Contractthis Agreement, be provided to the Internal Revenue Service (herein "IRS") IRS by preparation of and filing with the IRS of IRS Form 1099-SB; and further, Seller and Buyer Purchaser agree to furnish and provide to the Escrow Company and Title Company any and all information that the Escrow Company or Title Company may require in order for the Escrow Company or Title Company to (a) comply with all instructions to the IRS Form 1099-S B in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form 1099-S B with respect to this transaction.

IRS Reporting Requirements. Seller and Buyer County acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires that notice of the sale and purchase of the Property described in said Contract, be provided to the Internal Revenue Service (herein "IRS") by preparation of and filing with the IRS of IRS Form 1099-SB; and further, Seller and Buyer County agree to furnish and provide to the Title Company any and all information that the Title Company may require in order for the Title Company to (a) comply with all instructions to the IRS Form 1099-S B in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form 1099-S B with respect to this transaction.

IRS Reporting Requirements. Seller and Buyer acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires that notice of the sale and purchase of the Property described in said Contract, this Agreement be provided to the Internal Revenue Service (herein "“IRS"”) by preparation of and filing with the IRS of IRS Form 1099-S; and further, Seller and Buyer agree to furnish and provide to the Title Company any and all information that the Title Company may require in order for the Title Company to (a) comply with all instructions to the IRS Form 1099-S in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form 1099-S with respect to this transaction.

IRS Reporting Requirements. Seller Buyer and Buyer County acknowledge and agree that Section 6045(e) of the Internal Revenue Code of 1986 requires that notice of the sale and purchase of the Property described in said Contract, be provided to the Internal Revenue Service (herein "IRS") by preparation of and filing with the IRS of IRS Form 1099-SB; and further, Seller Buyer and Buyer County agree to furnish and provide to the Title Company any and all information that the Title Company may require in order for the Title Company to (a) comply with all instructions to the IRS Form 1099-S B in the preparation thereof, and (b) prepare and timely file with the IRS said IRS Form 1099-S B with respect to this transaction.