Tax Certification. Section 1455 of the Internal Revenue Code provides that the transferee of a United States real property interest must deduct and withhold a tax based on the amount realized by the transferor on the disposition, if the transferor is a foreign person. Seller is not a foreign person, and the "FIRPTA" certification will be provided to Agent by Buyer at Closing.
Appears in 7 contracts
Samples: Purchase & Sale Agreement, Purchase & Sale Agreement, Purchase & Sale Agreement
