IRS Reporting. Escrow Agent agrees to be the designated "reporting person" under §6045(e) of the U.S. Internal Revenue Code of 1986 as amended (the "Code") with respect to the real estate transaction described in this Agreement and to prepare, file and deliver such information, returns and statements as the U.S. Treasury Department may require by regulations or forms in connection with such requirements, including Form 1099-B.
Appears in 1 contract
Samples: Purchase and Sale Agreement
IRS Reporting. Escrow Agent agrees to be the designated "“reporting person" ” under §6045(e) of the U.S. Internal Revenue Code of 1986 as amended (the "“Code"”) with respect to the real estate transaction described in this Agreement and to prepare, file and deliver such information, returns and statements as the U.S. Treasury Department may require by regulations or forms in connection with such requirements, including Form 1099-B.
Appears in 1 contract
IRS Reporting. Escrow Agent agrees to be the designated "“reporting person" ” under §Section 6045(e) of the U.S. Internal Revenue Code of 1986 as amended (the "“Code"”) with respect to the real estate transaction described in this Agreement and to prepare, file and deliver such information, returns and statements as the U.S. Treasury Department may require by regulations or forms in connection with such requirements, including Form 1099-B.
Appears in 1 contract
Samples: Purchase and Sale Agreement
IRS Reporting. Escrow Agent agrees to be the designated "reporting person" under §Section 6045(e) of the U.S. Internal Revenue Code of 1986 as amended (the "CodeCODE") with respect to the real estate transaction described in this Agreement and to prepare, file and deliver such information, returns and statements as the U.S. Treasury Department may require by regulations or forms in connection with such requirements, including Form 1099-B.
Appears in 1 contract