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Similarly, mechanic's liens under state law are invalid on federal construction projects. To protect subcontractors and suppliers working on federal projects where the contract price exceeds $100,000.00 the Miller Act requires general contractors to provide a payment bond which guarantees payment for work done in accordance with the terms of ...
Escrow companies are also commonly used in the transfer of high value personal and business property, like websites and businesses, and in the completion of person-to-person remote auctions (such as eBay), although the advent of new low-cost online escrow services has meant that even low-cost transactions are now starting to benefit from use of ...
In December 2007, 1TV.Com (John Low, president) reached an agreement to acquire KIKO and KIKO-FM from Shoecraft Broadcasting for a reported $1.025 million. [3] Broadcasting & Cable reported that the deal called for a $50,000 escrow deposit plus $725,000 cash at closing, then an additional $250,000 upon the FCC's issuance of a construction ...
A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).
Double escrow [1] is a set of real estate transactions involving two contracts of sale for the same property, to two different back-to-back buyers, at the same or two different prices, arranged to close on the same day.
The mission statement of the Arizona State Land Department is to manage state trust lands and resources to enhance value and optimize economic return for the trust beneficiaries, consistent with sound stewardship, conservation, and business management principles supporting socioeconomic goals for citizens here today and generations yet to come.
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