Qualified REIT definition

Qualified REIT means a domestic or foreign REIT or its operating partnership subsidiary into which the Parent, the Issuer or its Restricted Subsidiaries contribute direct or indirect interests in real estate and related assets in exchange for the Capital Stock of the REIT or its operating partnership subsidiary.
Sample 1Sample 2Sample 3
Qualified REIT means an entity is and remains qualified as a “real estate investment trust” for federal income tax purposes pursuant to all applicable Law, including Sections 856, et. seq. of the IRS Code.
Sample 1Sample 2
Qualified REIT means a REIT or its operating partnership subsidiary into which Parent, the Issuer or its Restricted Subsidiaries contribute direct or indirect interests in real estate and related assets in exchange for the Capital Stock of the REIT or its operating partnership subsidiary.
Sample 1

Examples of Qualified REIT in a sentence

  • Qualified REIT dividends, cooperative dividends, and publicly traded partnership income A deduction is allowed under the provision for 23 percent of the taxpayer’s aggregate amount of qualified REIT dividends, qualified cooperative dividends, and qualified publicly traded partnership income for the taxable year.

  • As a result, the Circular Procurement Green Deal was suggested as the most suitable type of Green Deal to be studied.

  • In particular, the Company intends to limit and diversify its ownership of any assets not qualifying as Qualified REIT Real Estate Assets to less than 25% of the value of the Company's assets and to less than 5%, by value, of any single issuer.

  • Ownership of Interests in Partnerships, Limited Liability Companies and Qualified REIT Subsidiaries.

  • We believe that substantially all of our assets are and will continue to be Qualified REIT Assets.

  • Qualified REIT dividends and qualified PTP income are the sum of qualified REIT dividends as defined in §1.199A-3(c)(2) earned directly or through an RPE and the net amount of qualified PTP income as defined in §1.199A-3(c)(3) earned directly or through an RPE.

  • Qualified REIT dividends and qualified PTP income are the sum of qualified REIT dividends as defined in paragraph (c)(2) of this section earned directly or through an RPE and the net amount of qualified PTP income as defined in paragraph (c)(3) of this section earned directly or through an RPE.

  • On June 30, 2013, ARCTrust filed the necessary documents with the Internal Revenue Service to convert it to a Qualified REIT Subsidiary.

  • Such income includes interest (other than interest based in whole or in part on the income or profits of any person) on obligations secured by mortgages on real property, rents from real property, gain from the sale of Qualified REIT Assets, and qualified temporary investment income or interests in real property.

  • At least 75% of our gross income for the taxable year must be derived from Qualified REIT Assets.


More Definitions of Qualified REIT

Qualified REIT means an entity qualifying as a “real estate investment trust” under Section 856 of the Code. “Reclassified Certificates” has the meaning set forth in Section 5.10.
Sample 1
Qualified REIT means an entity that has properly elected to be taxed as a real estate investment trust in accordance with Sections 856 to 860 of the Code, currently qualifies for taxation as a real estate investment trust thereunder.
Sample 1
Qualified REIT means a REIT that is (i) Controlled by Stephane De Baets, (ii) in which Stephane De Baets owns, directly or indirectly, at least 10% of the equity interests and the right to at least 10% of the distributions, and (iii) in which Stephane De Baets and Ravipan Jaruthavee own collectively, directly or indirectly, at least 51% of the equity interests and the right to at least 51% of the distributions.
Sample 1

Related to Qualified REIT

  • REIT means a real estate investment trust qualifying under Code Section 856.

  • Non-Qualified Stock Option means any Stock Option that is not an Incentive Stock Option.

  • Qualified refunding obligation means an obligation issued or incurred by an authority or by a municipality on behalf of an authority to refund an obligation if the refunding obligation meets both of the following:

  • Total Unencumbered Assets means the sum of (i) those Undepreciated Real Estate Assets not subject to an Encumbrance for borrowed money and (ii) all other assets of the Issuer and its Subsidiaries not subject to an Encumbrance for borrowed money, determined in accordance with GAAP (but excluding accounts receivable and intangibles).