Examlex
What are the tax consequences of property division to the transferor and transferee?
Contract
A legally enforceable agreement between two or more parties that creates mutual obligations.
Promisor
The person or party who makes a promise or agrees to perform an action or fulfill an obligation under a contract.
Promisee
The individual or entity to whom a promise or commitment is made, typically in a contractual agreement.
Benefiting Party
An individual or group that receives advantages or profits from a particular action or agreement.
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