Sentences with phrase «percentage upon sale»

It held that the wife had chosen to receive a fixed sum instead of a percentage upon sale and had therefore opted for certainty, as opposed to risk.

Not exact matches

According to the almighty online brain trust, Wikipedia, royalties are: «typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item...» In layman's terms, royalties are a form of passive income that you obtain through the sale or use of something you own.

Another approach which is used in U.S. state and local taxation by virtue of an interstate compact, is to have entities (or consolidated groups of corporations) prepare one tax return for the entire world and then to allocate pro-rata percentages of that global return to different jurisdictions based upon a handful of factors that are relatively hard to manipulate and bear a meaningful relationship to where income is earned such as sales, employment and the location of physical assets.

This is because they work based upon a per car commission of $ 250 a sale instead of the standard percentage based commission.

I do not utilize a percentage of revenue model (based upon the reported sales on my affiliate codes) as some sites do, as I want to keep it simple for me and potentially cheaper for you as an advertiser.

Daily remittances are an agreed - upon percentage of your sales and are automatically deducted from your credit card processor or bank account.

Depending upon the nature of the candidate's background and types of organizations targeted, numbers provided may be indicative of gross sales produced, percentage increases, or percentages of objectives achieved.

Traditional shopping center leases not only provide for the payment of a fixed minimum rent, but also a percentage rent based upon the volume of sales over a breakpoint.

A percentage rent clause typically has a tenant pay a percentage of its gross sales, either over and above an agreed - upon breakpoint, or after deduction of minimum rent and other expenses such as real estate taxes.

It merely states that an agent's commission or remuneration «shall be upon an agreed amount or percentage of the sale price or rental»; HST is additional.

A land trust is used for «escrow» purposes so that no party is able to cheat or abuse the other in any way (i.e., from inception, the title is held by Equity Holding Corporation) and the participants are beneficiaries of the trust with their specific percentages of beneficiary interest, which percentages are used as the basis for the division and distribution of net proceeds on sale or upon the owner's refinance.

Real - estate brokers typically — but not always — price their services based upon a percentage (known as a commission) of the sales price.

The gain percentage you should have been recognizing over the last three years is under the assumption that the installment sale would be completed in full and you receiving the entire sales price agreed upon.

Utilizing data obtained through partnerships with multiple listing systems throughout the state, this new housing market report expands upon the closed sales and price data previously available from NYSAR to include key metrics such as: new listings; pending sales; days on market, average sales price; percentage of list price received; housing affordability; inventory of homes for sale; and months supply of inventory.

Depending on how you've negotiated your sales agreement, escrow fees and other closing costs could be paid by you, by the seller, or an equal split (or another agreed - upon percentage for each).