Common use of Type of Transfer Clause in Contracts

Type of Transfer. Seller and Buyer should check the appropriate box (or boxes) to indicate the type of transfer. ❑ Involuntary transfer to an administrator or trustee by operation of law (death of a joint tenant, intestacy, divorce, bankruptcy, conservatorship). ❑ Lifetime gift ❑ To related party without consideration Indicate relationship ❑ To others ❑ Lifetime transfer to a trust ❑ For the benefit of related party without consideration Indicate relationship ❑ For the benefit of others without consideration Indicate relationship ❑ Transfer is not to a related party of the deceased member but is without consideration. ❑ Transfer for value.

Type of Transfer. Seller and Buyer should check the appropriate box (or boxes) to indicate the type of transfer. ❑  Involuntary transfer to an administrator or trustee by operation of law (death of a joint tenant, intestacy, divorce, bankruptcy, conservatorship). ❑  Lifetime gift ❑  To related party without consideration Indicate relationship ❑ To others ❑ Lifetime transfer to a trust ❑  For the benefit of related party without consideration Indicate relationship ❑  For the benefit of others without consideration Indicate relationship ❑  Transfer is not to a related party of the deceased member but is without consideration. ❑  Transfer for value.

Type of Transfer. Seller and Buyer should check the appropriate box (or boxes) to indicate the type of transfer. ❑  Involuntary transfer to an administrator or trustee by operation of law (death of a joint tenant, intestacy, divorce, bankruptcy, conservatorship). ❑  Lifetime gift ❑  To a related party without consideration Indicate relationship ❑ To others ❑ Lifetime transfer to a trust ❑ relationship:  For the benefit of a related party without consideration Indicate relationship ❑ relationship:  For the benefit of others without consideration Indicate relationship ❑ relationship:  Transfer is not to a related party of the deceased member member, but is without consideration. ❑  Transfer for value.