Sentences with phrase «undivided fractional interest»
Fractional Interest: An undivided fractional interest or partial interest in property.
http://www.exeter1031.com/
Known as Tenant - in - Common («TIC») or Undivided Fractional Interest («UFI») property.
It can be respected as undivided fractional interest in a property — tenant in common interest.
Not exact matches
It should be noted that Regulation A + fundraising is not available for companies seeking «to offer and sell asset - backed securities or fractional undivided interests in oil, gas or other mineral rights.»
The Shares represent units of fractional undivided beneficial interest in and ownership of the Trust.
The IRS previously clarified that even undivided fractional ownership interests in real estate (like tenant - in - common ownership interests) can potentially qualify for like - kind swaps.
Be sure to identify the exact percentage interest in the property that you are considering acquiring if you are identifying a fractional or partial interest such as a 5 % undivided interest in a tenant - in - common investment property or co-ownership property, or identify the unit number if you are identifying a condominium property.