Sentences with phrase «step out of the transaction»

The upside is faster turn around on mortgage transactions, but the automated process takes a key step out of the transaction — the personal contact that takes place if a third - party appraiser conducts an onsite valuation of the property, says the OA - AIC.

Not exact matches

For example, if an individual is taught how to carry out a basic customer service transaction, such as completing a return, but is not required to put this information into practice, he / she will gradually forget the steps involved over the course of time.

Some people have speculated that, hypothetically, the IRS could use the «step transaction doctrine» to treat it as a single direct contribution to a Roth IRA (which then would be disallowed and cause you a penalty until you take it out), but I have never heard of this happening to anyone.

Process knowledge is knowing how things are done, whether it's knowing how to properly serve pleadings on out - of - state parties in an action or knowing all the steps required for due diligence in a real estate transaction.

We stand out from most other Puerto Rico law firms because we can support institutes of higher education at every step of a legal transaction.

For businesses and regulatory authorities interested in rooting out corruption and money laundering, online investigative due diligence has become a crucial step — often a necessary first step — in understanding the reputations of individuals and companies involved in business transactions.

The above steps list out the full completion of the transaction.

But it's a step toward using blockchain technology to integrate compliance and regulate bank integrations — and ultimately speed up digital currency transactions, moving cryptocurrencies out of the «alternative payment» column.

With the dollar values involved in the sales commissions I'd be very surprised to know that no one is trying to figure out a way to minimize the commission payable on a transaction while replacing the knowledge of the real estate professional (as much as possible) with different people to provide steps of the service and not the complete transaction service.

«The notion that a person can sift through a series of emails, identify the 3 P's, find a signature that satisfies the Electronic Transactions Act and, correlatively, the Statute of Frauds, and then have the court fill in any necessary contractual terms is simply out of step with reasonable expectations of today's typical consumer.

These steps will help keep you and your clients out of harm's way and onto a successful and positive real estate transaction.

They even did a compliance review where they examined many of these ROBS transactions and issued commentary on where people stepped afoul of the rules (didn't file 5500 or 1120, went out of business, didn't value the company).

If you try to take cash out of a property around the time that it is being traded in a 1031 (Like Kind) exchange, the IRS will try to apply the «step transaction doctrine» to characterize the cash taken out as «boot».

NAR is offering this fact sheet and suggested guidelines as part of an industry - wide effort to educate real estate professionals on the dangers of money laundering, common sense tips to be on the look - out for money laundering transactions and what steps to take if you become suspicious or if you are asked to handle certain combinations of cash and cash instruments.