REMIC Provisions definition: Copy, customize, and use instantly
Introduction
The term "REMIC Provisions" refers to the set of rules and requirements governing the operation of Real Estate Mortgage Investment Conduits (REMICs). These provisions are essential for ensuring compliance with tax regulations and maintaining the favorable tax treatment afforded to REMICs.
Below are various examples of how "REMIC Provisions" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "REMIC Provisions" as tax compliance rules
This definition ties "REMIC Provisions" to tax compliance.
"REMIC Provisions" refers to the set of regulations and rules that govern the formation, operation, and taxation of Real Estate Mortgage Investment Conduits under the Internal Revenue Code, ensuring the conduit’s eligibility for tax benefits.
Definition of "REMIC Provisions" as legal framework
This definition connects "REMIC Provisions" to the legal framework.
"REMIC Provisions" means the specific legal requirements that govern the operation of a REMIC, including compliance with IRS rules and guidelines, ensuring that the entity remains qualified for favorable tax treatment.
Definition of "REMIC Provisions" as operational rules
This definition links "REMIC Provisions" to operational rules.
"REMIC Provisions" refers to the operational guidelines set forth for the management and operation of Real Estate Mortgage Investment Conduits, covering asset and income distributions, eligibility requirements, and other operational aspects.
Definition of "REMIC Provisions" as compliance standards
This definition ties "REMIC Provisions" to compliance standards.
"REMIC Provisions" means the set of rules established under the Internal Revenue Code that must be followed by Real Estate Mortgage Investment Conduits to ensure their status as qualifying entities under tax law.
Definition of "REMIC Provisions" as regulatory requirements
This definition connects "REMIC Provisions" to regulatory requirements.
"REMIC Provisions" refers to the regulatory guidelines set forth by the IRS for the establishment, operation, and maintenance of REMICs, ensuring tax compliance and eligibility for the tax benefits offered to REMICs.
Definition of "REMIC Provisions" as transaction guidelines
This definition links "REMIC Provisions" to transaction guidelines.
"REMIC Provisions" refers to the rules governing transactions within a Real Estate Mortgage Investment Conduit, including the issuance of securities, asset pooling, and the distribution of income and principal.
Definition of "REMIC Provisions" as structuring criteria
This definition ties "REMIC Provisions" to structuring criteria.
"REMIC Provisions" means the criteria that must be followed to properly structure a REMIC, ensuring that the entity meets IRS requirements for tax purposes, including limitations on types of assets and income.
Definition of "REMIC Provisions" as tax exemption requirements
This definition connects "REMIC Provisions" to tax exemption.
"REMIC Provisions" refers to the set of rules that must be met by Real Estate Mortgage Investment Conduits to maintain their eligibility for certain tax exemptions, including restrictions on income and asset types.
Definition of "REMIC Provisions" as entity classification rules
This definition links "REMIC Provisions" to entity classification.
"REMIC Provisions" means the rules that determine whether a Real Estate Mortgage Investment Conduit qualifies as such under IRS tax law, including requirements for asset types and income distributions.
Definition of "REMIC Provisions" as operational compliance
This definition ties "REMIC Provisions" to operational compliance.
"REMIC Provisions" refers to the rules and standards set forth by the IRS that Real Estate Mortgage Investment Conduits must adhere to in their operations to remain compliant with tax laws.
Definition of "REMIC Provisions" as investment restrictions
This definition connects "REMIC Provisions" to investment restrictions.
"REMIC Provisions" refers to the restrictions placed on the types of assets and investments a REMIC can hold, in order to maintain its tax-qualified status under IRS rules.
Definition of "REMIC Provisions" as tax treatment guidelines
This definition links "REMIC Provisions" to tax treatment.
"REMIC Provisions" means the guidelines that govern the tax treatment of Real Estate Mortgage Investment Conduits, ensuring that they receive tax benefits and comply with IRS tax code provisions.
Definition of "REMIC Provisions" as entity qualifications
This definition ties "REMIC Provisions" to entity qualifications.
"REMIC Provisions" refers to the qualifications and requirements that an entity must meet in order to be classified as a REMIC under U.S. tax law, including asset eligibility and distribution obligations.
Definition of "REMIC Provisions" as IRS compliance rules
This definition connects "REMIC Provisions" to IRS compliance.
"REMIC Provisions" refers to the set of IRS rules that Real Estate Mortgage Investment Conduits must follow to maintain their tax-exempt status and avoid penalties or loss of benefits.
Definition of "REMIC Provisions" as securitization rules
This definition links "REMIC Provisions" to securitization rules.
"REMIC Provisions" means the regulatory requirements governing the securitization of mortgages within a REMIC, including rules for asset pooling, security issuance, and income distribution.
Definition of "REMIC Provisions" as operational restrictions
This definition ties "REMIC Provisions" to operational restrictions.
"REMIC Provisions" refers to the restrictions placed on the operations of a REMIC to ensure that it complies with IRS requirements, including limitations on asset types and income distributions.
Definition of "REMIC Provisions" as income distribution rules
This definition connects "REMIC Provisions" to income distribution.
"REMIC Provisions" means the rules governing how income is distributed within a REMIC, ensuring that it is done in compliance with tax regulations set forth by the IRS.
Definition of "REMIC Provisions" as tax compliance standards
This definition links "REMIC Provisions" to tax compliance.
"REMIC Provisions" refers to the set of IRS standards that Real Estate Mortgage Investment Conduits must meet in order to maintain their favorable tax status, including rules for asset types, income, and distributions.
Definition of "REMIC Provisions" as asset management guidelines
This definition ties "REMIC Provisions" to asset management.
"REMIC Provisions" refers to the guidelines for managing assets within a Real Estate Mortgage Investment Conduit, including requirements for asset quality, diversification, and compliance with tax laws.
Definition of "REMIC Provisions" as IRS reporting requirements
This definition connects "REMIC Provisions" to IRS reporting.
"REMIC Provisions" refers to the IRS reporting and documentation requirements that must be followed by a Real Estate Mortgage Investment Conduit to maintain its tax-qualified status.
Definition of "REMIC Provisions" as collateral requirements
This definition links "REMIC Provisions" to collateral.
"REMIC Provisions" refers to the rules governing the types of collateral that can be held by a REMIC, ensuring that the assets are appropriate for maintaining tax compliance.
Definition of "REMIC Provisions" as mortgage pooling rules
This definition ties "REMIC Provisions" to mortgage pooling.
"REMIC Provisions" refers to the regulations governing the pooling of mortgages within a REMIC, ensuring that the pooled assets qualify for tax-exempt status under IRS rules.
Definition of "REMIC Provisions" as investor protection measures
This definition connects "REMIC Provisions" to investor protection.
"REMIC Provisions" refers to the provisions designed to protect investors in a REMIC by ensuring that the conduit operates within the rules set forth by the IRS and maintains its tax-qualified status.
Definition of "REMIC Provisions" as special tax treatment conditions
This definition links "REMIC Provisions" to tax treatment.
"REMIC Provisions" refers to the conditions that must be met for a REMIC to qualify for special tax treatment under the Internal Revenue Code, including rules on income, asset types, and distributions.
Definition of "REMIC Provisions" as structured investment vehicle rules
This definition ties "REMIC Provisions" to structured investment vehicles.
"REMIC Provisions" refers to the set of rules governing structured investment vehicles, such as REMICs, ensuring compliance with tax laws and maintaining favorable tax status.
Definition of "REMIC Provisions" as mortgage-backed security guidelines
This definition connects "REMIC Provisions" to mortgage-backed securities.
"REMIC Provisions" refers to the guidelines for structuring mortgage-backed securities within a REMIC, ensuring that the securities qualify for favorable tax treatment.
Definition of "REMIC Provisions" as revenue-generating guidelines
This definition links "REMIC Provisions" to revenue generation.
"REMIC Provisions" refers to the rules that govern the generation of revenue within a REMIC, including guidelines on permissible sources of income and distribution rules.
Definition of "REMIC Provisions" as securities issuance rules
This definition ties "REMIC Provisions" to securities issuance.
"REMIC Provisions" refers to the set of rules governing the issuance of securities backed by mortgage assets within a REMIC, ensuring compliance with IRS guidelines for tax-exempt status.
Definition of "REMIC Provisions" as asset liquidity regulations
This definition connects "REMIC Provisions" to asset liquidity.
"REMIC Provisions" refers to the regulations governing the liquidity of assets held by a REMIC, ensuring that the assets meet the required standards for maintaining tax benefits.
Definition of "REMIC Provisions" as investment qualification criteria
This definition links "REMIC Provisions" to investment qualification.
"REMIC Provisions" refers to the criteria that investments held by a REMIC must meet in order to ensure continued tax-exempt status, including guidelines for the types of assets and income generated.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.