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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal>PC owns property A and Neighbor Property B. PC wants to develop commercial structure on both properties and neighbor will transfer property B in exchange for a 6 Units having a total square footage of 12000 Square feet.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>I have many questions. First, Excise tax on the deed transfer since in exchange he is getting something that doesn’t yet exist and has no set market value at this point. Second, how do we secure each parties performance under the agreement? I have a few ideas swimming in my head such as a Mortgage securing the agreement.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Any ideas would be appreciated. <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><b><span style='color:black'>Nestor B. Gorfinkel<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='color:black'>Gorfinkel Law Chartered<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='color:black'>Attorney at Law & Florida Civil-Law Notary<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='color:black'>Admitted to Practice Law in Florida and Washington <o:p></o:p></span></b></p><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='color:#1F3864'>Available by Appointment Only<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='color:#1F3864'>20200 West Dixie Highway Suite 1103<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='color:#1F3864'>Aventura, FL 33180<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='color:#1F3864'>Tel. (305) 932-5757 (FL)<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='color:#1F3864'>Fax. (888) 522-3601<o:p></o:p></span></b></p><p class=MsoNormal><span style='color:black'><a href="mailto:ESQ@gorfinkel-law.com"><span style='color:blue'>ESQ@gorfinkel-law.com</span></a><o:p></o:p></span></p><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='color:#385623'>Main Office<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='color:#385623'>40 Lake Bellevue Drive # 100<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='color:#385623'>Bellevue, WA 98005<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='color:#385623'>Tel: (425) 961-0519 (WA)</span></b><o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><b><span style='font-size:10.0pt;color:black'>ATTENTION - </span></b><b><span style='font-size:10.0pt'>This e-mail message and any attachment to this e-mail message may contain confidential information that is legally privileged. If you are not the intended recipient, you must not review, retransmit, convert to hard copy, copy, use or disseminate this e-mail or any attachments to it. If you have received this e-mail in error, please notify us immediately by return e-mail or by telephone at the phone numbers provided herein and delete this message. Please note that if this e-mail message contains a forwarded message or is a reply to a prior message, some or all of the contents of this message or any attachments may not have been produced by the sender.<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='font-size:10.0pt;color:black'><o:p> </o:p></span></b></p><p class=MsoNormal><b><span style='font-size:10.0pt;color:black'>E-SIGNATURE DISCLOSURE: The typewritten signature included with this email is not an electronic signature within the meaning of the Electronic Signatures in Global and National Commerce Act,</span></b><b><span style='font-size:10.0pt'> Section 668.50 of the Florida Statutes <span style='color:black'>or any other law of similar import, including, without limitation, the Uniform Electronic Transactions Act as it may be enacted by any state or the District of Columbia.<o:p></o:p></span></span></b></p><p class=MsoNormal><b><span style='font-size:10.0pt;color:black'><o:p> </o:p></span></b></p><p class=MsoNormal><b><span style='font-size:10.0pt;color:black'>THE WITHIN IS FOR DISCUSSION PURPOSES ONLY, MAY NOT BE USED IN CONNECTION WITH LITIGATION OR BANKRUPTCY PROCEEDINGS AND IS WITHOUT PREJUDICE TO THE RIGHTS AND REMEDIES OF OUR CLIENT, ALL OF WHICH ARE HEREIN EXPRESSLY RESERVED.<o:p></o:p></span></b></p><p class=MsoNormal><b><span style='font-size:10.0pt;color:black'><o:p> </o:p></span></b></p><p class=MsoNormal><b><span style='font-size:24.0pt;font-family:Webdings;color:#009900'>P</span></b><b><span style='font-size:24.0pt;color:#009900'> </span></b><b><span style='font-size:9.0pt;font-family:"Verdana",sans-serif;color:#009900'>Please consider the environment before printing this e-mail.</span><o:p></o:p></b></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>