0m, on 22 April 2016 and also signed a new land sale contract
, both in Daytona Beach, Florida.
The Eleventh Circuit held that a real estate developer's sale of his rights in a lawsuit regarding a land sale contract
produced capital gain rather than ordinary income, reversing a holding of the Tax Court.
Hartvigson: Plaintiff alleges breach of land sale contract
TMG's $3 billion Madinaty project, which makes up the bulk of its land bank, has been caught in the legal dispute since September, when a court upheld a ruling to scrap the land sale contract
because it was not publicly auctioned.
Palm Hills Development, which is linked with the family of former Housing Minister Ahmad Maghreby, had an earlier land sale contract
recently annulled by a Cairo court but is expected to appeal.
Egypt's Misr Aswan Tourism said on Sunday its shareholders agreed to scrap a land sale contract
with the country's second-biggest listed property firm, Palm Hills Developments, and return money from the sale.
Accordingly, courts have accepted a range of tasks from the point of entering a land sale contract
to the registration of transfer documents after settlement of the contract as being within the definition of 'conveyancing' and, it follows, within the definition of 'legal practice'.
For a land sale contract
to be binding, legislation requires that it must be signed in writing incorporating "all the terms which the parties have expressly agreed" and it is for this reason that the expression "sold, subject to contract" has arisen.
In spring 2012 Ely Bridge Development Company (EBDC) was formed as a joint venture partnership between the Welsh Government and Principality Building Society, and the company entered into a conditional land sale contract
to purchase the property.
There is also another case filed to indict Palm Hills on a 960,000 sqm land sale contract
, which an Egyptian legal panel ruled that the state land sale between the New Urban Communities Authority and Palm Hills was illegal and ordered it scrapped.
As part of its 2008 land sale contract
with the city, Arlie agreed to give the city $600,000 in cash to build trails and other amenities on the corridor.