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Yet another disclosure form .... FIRPTA

Posted by Lughead on May 21, 2009 at 11:44 PM

hello

we just closed escrow selling a property held in a THT

the buyer had an agent

agent just sent a form "Seller's Affidavit of Non Foreign Status and/or California Withholding Exemption"

This is a CAR form ... ive not seen it before ... and they are requesting what i consider to be private and secure information such as SSN/TIN ...

it seems like a CYA for the buyer to protect them from Section 18662 of the California Franchise Tax Board Revenue and Taxation Code

How have others addressed this form?

Thank you in advance


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