Question

In: Accounting

The owner of the property must sign the contract to confirm they have received a special...

The owner of the property must sign the contract to confirm they have received a special document. What is the document and what does it contain?

it is question of certificate 4 in building and construction from assesment of CPCCBC4008B Conduct on-site supervision of building and construction projects

Solutions

Expert Solution

Document is official note which is arise by two parties with a mutual consent. In this document both parties signed , here

One party is seller of property and buyer of property. When they decided to buy , they have legalize that process with contract from agreement.

It contains ,

Name of party

Date of contract

Terms and conditions

Signature of both party

What type of agreement

Witness ,if needed.


Related Solutions

Note: the words must be at least 1000 Draft a contract between you (Company owner) and...
Note: the words must be at least 1000 Draft a contract between you (Company owner) and the Dubai Mall to make an fashion exhibition, containing typical elements of the contract.
What property must emulsifiers have that fats lack?
What property must emulsifiers have that fats lack?
True/false 1- The fair market value of property or services received in bartering must be included...
True/false 1- The fair market value of property or services received in bartering must be included in gross income. 2- Mr. Barley an accountant, accepted a painting for his office from his client in lieu of payment of his customary fee of $400 for preparation of a tax return. He must include the $400 income. 3- An ordinary expenditure is one which is commonly incurred by other businesses. 4- Rent and royalty expenses are deductible from adjusted gross income. 5-...
A contract is a set of legally enforceable promises. A valid contract must have agreement/ offer...
A contract is a set of legally enforceable promises. A valid contract must have agreement/ offer consideration, legal object/purpose, and parties with legal capacity. Sometimes two parties will enter into a contract with the intent to benefit a third party. In these situations, a third-party beneficiary contract is formed. Third-party contracts are difficult to follow with the rights and obligations of the parties. You are required to create a contract (keep it simple-one page). You will select the subject of...
3. Under the JCT Standard Building Contract, 2016 edition, the parties have to complete and sign...
3. Under the JCT Standard Building Contract, 2016 edition, the parties have to complete and sign the Agreement to create a contractual relationship. What is the equivalent document applicable to the NEC4 ECC? Comment on the data about the project that must be incorporated by a contract in that form (Word limit: 1000)
You sign a mortgage contract. You have enough cash to make a 20% down payment.Your monthly...
You sign a mortgage contract. You have enough cash to make a 20% down payment.Your monthly payments will be $1,200 for 30 yrs starting one month away from today. If the interest rate is 3% APR, whats the maximum value of the house you can afford. 355,784.07 284,627.26 356,673.53 285,338.83 287,659.18
QUESTION 5 The owner of a leased property conveys possession of the property to the tenant...
QUESTION 5 The owner of a leased property conveys possession of the property to the tenant providing them with uninterrupted us of the property without interference from the owner. This is known as consideration quiet enjoyment sole use tenant improvement QUESTION 6 _________ property leases contain a clause that indicates the purpose for which a space may be used. residential commercial rural suburban QUESTION 7 For apartment leases, what is the industry standard for the lease term? 6 months 1...
You are an elite sportsperson and are about to sign a contract with a rugby league...
You are an elite sportsperson and are about to sign a contract with a rugby league team reportedly, “worth $10 million over eight years”. The contract reveals you will receive $24,038.46 each week for eight years. A competing team is prepared to offer you $8.5 million cash today for an eight-year playing contract. If interest rates are 4% p.a. compounded weekly, which team’s offer should you accept? Can you please provide full explanation.
What does it mean to say that a contract must have “consideration” and what is the...
What does it mean to say that a contract must have “consideration” and what is the meaning of the phrase “adequacy of consideration.”?
1. What is the special type of property ownership reserved for married couples? If property is...
1. What is the special type of property ownership reserved for married couples? If property is owned in this manner and one spouse dies, what happens to the property? What is necessary for one spouse to sell their interest during the ownership? 2. If I take a temporary job in New York City that will last for two years, after which I will return to my home in Bethesda and I want to rent an apartment for my time in...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT