Sale of ownership definition

Sale of ownership means the conveyance of the ownership of a parcel of land in exchange for valuable consideration.
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Examples of Sale of ownership in a sentence

  • Sale of ownership interest does not include the conveyance by gift or inheritance from one family member to another.

  • Sale of ownership in California Steel Industries (“CSI”) (note 14d).

  • Sale of ownership interest in an entity that owns an aircraft or engine is not recognised as a sale of such aircraft or engine.

Related to Sale of ownership

  • Change of Ownership means a change in the individual or legal organization that is responsible for the operation of a nursing facility. Change of ownership does not include changes in personnel, e.g., a change of administrators. Events that change ownership include, but are not limited to, the following:

  • Sale as used in this paragraph shall have the meanings ascribed thereto by governing law and any interpretation thereof contained in rules or regulations promulgated by the Securities and Exchange Commission thereunder.

  • Women-owned small business concern means a small business concern-

  • Veteran-owned small business concern means a small business concern—

  • QSE means a qualifying small business enterprise in terms of a code of good practice on black economic empowerment issued in terms of section 9 (1) of the Broad-Based Black Economic Empowerment Act; (j) “rand value” means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;