Thought Leadership


Sellers and Buyers: Competing Interests

Sellers and Buyers: Competing Interests

Whenever assets constituting a functioning enterprise are transferred in a taxable transaction, Section 1060 of the Internal Revenue Code requires the seller and buyer to allocate the purchase price among the transferred assets. Treasury Regulations require sellers and buyers to allocate the purchase price to and among seven classes of assets according to the relative…

Commercial Real Estate, Purchase Agreements
READ MORE
The Purchase Agreement: Part II

The Purchase Agreement: Part II

Previously, we discussed key purchase agreement provisions and concepts, including purchase price, earnest money and payments terms. In this edition, we’ll take a closer look at the due diligence process.  Here is what you need to know: During the due diligence process, the Buyer will inspect and investigate the property to determine if the contingencies…

Commercial Real Estate, Mortgage Defaults
READ MORE