fractional interest

fractional interest

Some interest in real estate less than the entire bundle of rights.

References in periodicals archive ?
International Resource News-January 12, 2017--Petrogas Company acquires fractional interest in 11 oil and gas wells operated by Vanguard Operating
Each shareholder's percentage ownership interest in the company and proportional voting power remains unchanged after the reverse stock split except for minor changes and adjustments resulting from rounding of any fractional interest.
Rather, the respective tendering shareholders that otherwise would have received fractional interests will be paid in cash the dollar amount (rounded to the nearest whole cent), after deducting any required withholding taxes, on a pro rata basis, without interest, of such fractional interest determined by the closing price of a share of NetScout common stock on NASDAQ on the last business day prior to the closing of the merger.
The Santa Barbara County Assessment Appeals Board (Appeals Board) determined the appraisal method used by the Assessor and recommended by the SBE was inconsistent with the statute, and prescribed the following formula for appraising the portion of the park subject to reassessment: fractional interest bought multiplied by fair market value of the entire park equals the fair market value of the fractional interest.
Company specializes in business valuations, intangible asset valuations, litigation support, fexpert testimony & fractional interest discount analysis in real estate, business, limited liability companies and partnerships.
Application of a fractional interest discount to value undivided fractional interests in real property has long been a contested issue.
The initial issue covers issues in Mexican real estate law and includes articles on: securitization of mortgage loans in Mexico; the mixed use trend in Mexican real estate; the timeshare and fractional interest in Mexico; and, the role of trustee in real estate transactions.
Even with respect to rather traditional estate tax planning strategies there may be ancillary significant federal tax issues where the law is sufficiently unclear as to bring the advice within their reach, such as when a QPRT or other entity is funded with a fractional interest arguably subject to a discount for lack of marketability.
Tenants-in-Common exchanges, characterized by a fractional interest or co-ownership in real estate, have increased by 330 percent since the 2002 IRS ruling allowing the exchanges to be used in 1031 tax deferred exchanges.
It found relief: Bonner's estate was entitled to apply a fractional interest discount in valuing the decedent's undivided interests in these properties.
America Resources Exploration Inc (OTC PINK: AREN) announced on Thursday that it has acquired a fractional interest in two wells located in Shelby County, Texas, for an undisclosed sum.
Under the proposed rights offering, the company expects to distribute, on a pro rata basis, to all stockholders of record transferable subscription rights that would enable the rights holder to purchase depositary shares, each representing a fractional interest in a share of preferred stock.
Full browser ?