Common use of Type of Transfer Clause in Contracts

Type of Transfer. Seller and Buyer should check the appropriate box (or boxes) to indicate the type of transfer.  Involuntary transfer to an administrator or trustee by operation of law (death of a joint tenant, intestacy, divorce, bankruptcy, conservatorship).  Lifetime gift  To related party without consideration Indicate relationship  To others  Lifetime transfer to a trust  For the benefit of related party without consideration Indicate relationship  For the benefit of others without consideration  Transfer pursuant to a Will or trust of a deceased member.  Transfer is to related party without consideration. Indicate relationship  Transfer is not to a related party of the deceased member but is without consideration.  Transfer for value. Attention! If the transfer is to a trust, please provide copies of the following pages of the trust instrument: title page, signature page, and the page that identifies the Trustee(s). Attention! If the transfer is requested due to a member’s death, please provide a certified copy of the death certificate, letters of appointment of executor or administrator, and designation of attorney form.

Type of Transfer. Seller and Buyer should check the appropriate box (or boxes) to indicate the type of transfer.  ❑ Involuntary transfer to an administrator or trustee by operation of law (death of a joint tenant, intestacy, divorce, bankruptcy, conservatorship).  ❑ Lifetime gift  ❑ To related party without consideration Indicate relationship  ❑ To others  ❑ Lifetime transfer to a trust  ❑ For the benefit of related party without consideration Indicate relationship  ❑ For the benefit of others without consideration  ❑ Transfer pursuant to a Will or trust of a deceased member.  ❑ Transfer is to related party without consideration. consideration Indicate relationship  ❑ Transfer is not to a related party of the deceased member but is without consideration.  consideration ❑ Transfer for value. value Attention! If the transfer is to a trust, please provide copies of the following pages of the trust instrument: title page, signature page, and the page that identifies the Trustee(s). Attention! If the transfer is requested due to a member’s death, please provide a certified copy of the death certificate, letters of appointment of executor or administrator, and designation of attorney form.

Type of Transfer. Seller and Buyer should check the appropriate box (or boxes) to indicate the type of transfer.  ❑ Involuntary transfer to an administrator or trustee by operation of law (death of a joint tenant, intestacy, divorce, bankruptcy, conservatorship).  ❑ Lifetime gift  ❑ To related party without consideration Indicate relationship  ❑ To others  ❑ Lifetime transfer to a trust  ❑ For the benefit of related party without consideration Indicate relationship  ❑ For the benefit of others without consideration  ❑ Transfer pursuant to a Will or trust of a deceased member.  ❑ Transfer is to related party without consideration. Indicate relationship  ❑ Transfer is not to a related party of the deceased member but is without consideration.  ❑ Transfer for value. Attention! If the transfer is to a trust, please provide copies of the following pages of the trust instrument: title page, signature page, and the page that identifies the Trustee(s). Attention! If the transfer is requested due to a member’s death, please provide a certified copy of the death certificate, letters of appointment of executor or administrator, and designation of attorney form.