NON-FOREIGN SELLER Sample Clauses

NON-FOREIGN SELLER. Seller represents that at the time of acceptance of this contract and at the time of Closing, Seller is not a “foreign person” as such term is defined in the Foreign Investments in Real Property Tax Act of 1980 (26 USC Section 1445(f) et. Sec) (“FIRPTA”). If either the sales price of the property exceeds $300,000.00 or the buyer does not intend to use the property as a primary residence then, at the Closing, and as a condition thereto, Seller shall furnish to Buyer an affidavit, in a form and substance acceptable to Buyer, signed under penalty of perjury containing Seller’s United States Social Security and/or taxpayer identification numbers and a declaration to the effect that Seller is not a foreign person within the meaning of Section “FIRPTA.”
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NON-FOREIGN SELLER. If Seller is a “foreign person,” as defined by applicable law, or if Seller fails to deliver an affidavit to Buyer that Seller is not a “foreign person,” then Buyer shall withhold from the sales proceeds an amount sufficient to comply with applicable tax law and deliver the same to the Internal Revenue Service together with appropriate tax forms. Internal Revenue Service regulations require filing written reports if currency in excess of specified amounts is received in the transaction.
NON-FOREIGN SELLER. Seller is not a foreign person within the meaning of Section 1445 of the Internal Revenue Code.
NON-FOREIGN SELLER. Seller represents and warrants that at the time of acceptance hereof and at Closing, Seller is not a "foreign person" as such term is defined in Section 1445(f) of the Internal Revenue Code of 1954. At the Closing, and as a condition thereto, Seller shall furnish to Buyer an affidavit, in form and substance acceptable to Buyer, signed under penalty of perjury and containing Seller's United States Social Security and/or taxpayer identification numbers, to the effect that Seller is not a foreign person within the meaning of Section 1445(f) of the Internal Revenue Code.
NON-FOREIGN SELLER. Seller is not aforeign person” as defined in Section 1445 of the Internal Revenue Code of 1986, as amended and any related regulations.
NON-FOREIGN SELLER. Seller represents that at the time of acceptance of this Agreement and at the time of Closing, Seller is not a “foreign person” as such term is defined in the Foreign Investments in Real Property Tax act of 1980 (26 USC Section 1445(f) et. Sec) (“FIRPTA”). If either the sales price of the property exceeds $300,000.00 or the buyer does not intend to use the property as a primary residence then, at the Closing, and as a condition thereto, Seller shall furnish to Buyer an affidavit, in a form and substance acceptable to Buyer, signed under penalty of perjury containing Seller’s United States Social Security and/or taxpayer identification numbers and a declaration to the effect that Seller is not a foreign person within the meaning of Section “FIRPTA.” IN WITNESS HEREOF, Xxxxxxxxx and Seller agree that the Date of this Agreement shall be the date the Seller executes this Agreement. (Print Name) Authorized Signatory Date of Purchaser’s Offer Date of Seller’s Commencement (Signature) (Print Name) Date of Purchaser’s Offer (Description of the Property) Property Address: 000 XXXXX XXXXX XXXXX, XXXXXXX XX Legal Description: OAK HAVEN – XXXX SUB LT 3; XXXXX SUB REPLAT LTS 28 *The seller has requested a closing date of Nov 16th.
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NON-FOREIGN SELLER. Seller represents that at the time of acceptance of this Agreement and at the time of Closing, Seller is not a “foreign person” as such term is defined in the Foreign Investments in Real Property Tax act of 1980 (26 USC Section 1445(f) et. Sec) (“FIRPTA”). If either the Purchase Price of the Property exceeds Three Hundred Thousand Dollars ($300,000.00) or the Purchaser does not intend to use the Property as a primary residence then, at the Closing, and as a condition thereto, Seller shall furnish to Purchaser an affidavit, in a form and substance acceptable to Purchaser, signed under penalty of perjury containing Seller’s United States Social Security and/or taxpayer identification numbers and a declaration to the effect that Seller is not a foreign person within the meaning of Section “FIRPTA.”
NON-FOREIGN SELLER. Seller represents and warrants that no part of the transfer of the Property constitutes a disposition of "United States Real Property Interest by a 'Foreign' Person", as those terms are defined in Sections 897 and 1445, respectively of the Internal Revenue Code of 1986, as amended (the "Code"). In the event that it is determined that withholding tax is required under the Code, Seller hereby consents to the deduction, withholding and deposit by Purchaser with the Internal Revenue Service of ten percent (10%), or such other amount as required by law, of the amount realized pursuant to this agreement if Seller is deemed to be a "foreign person," and further agrees to full compliance by Purchaser with the requirements of said Code. Seller agrees to execute, at the Closing, under oath, an affidavit in form acceptable to Purchaser swearing that Seller's disposition of the Property does not constitute the disposition of a "United States Real Property Interest By a Foreign Person" as above defined, but only if the same is required by and conforms to the Code and any regulations adopted pursuant thereto.
NON-FOREIGN SELLER. Seller represents that at the time of acceptance of this Agreement and at the time of Closing, Seller is not a “foreign person” as such term is defined in the Foreign Investments in Real Property Tax act of 1980 (26 USC Section 1445(f) et. Sec) (“FIRPTA”). At the Closing, and as a condition thereto, in order to avoid required withholding, Seller shall furnish to Buyer an affidavit, in a form and substance acceptable to Buyer, signed under penalty of perjury containing Seller’s United States Social Security and/or taxpayer identification numbers and a declaration to the effect that Seller is not a foreign person within the meaning of the federal (FIRPTA) and any withholding laws applicable to the state where the Property is located.
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