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<br />YEAR <br />2006 <br /> <br />Real Estate Withholding Certificate <br /> <br />CAliFORNIA FORM <br />593-C <br /> <br />Part I Seller's Information <br />Name (including spouse, if jointly owned - see instructions - type or print) <br />Alyn T. Beals <br /> <br /> <br />Address (number and street) <br />2596 Ba Road Suite A <br />City, State, ZIP Code <br />Redwood Ci CA 94063 <br />Property address (if no street address, provide parcel number and county) <br />777 Bradford Street Redwood Ci CA <br />Read the following and check the appropriate box. (See line-by-line notes in the instructions.) <br /> <br />Part II - Certification which fully exempt the sale from withholding: <br />1. Does the property qualify as the seller's (or decedent's, if being sold by the decedent's estate)orincioal residence within the D <br />meaning of Internal Revenue Code (IRe) Section 121? <br />2. Did the seller (or decedent, if being sold by the decedent's estate) last use the property as the seller's (decedent's) principal residence <br />within the meaning of IRC Section 121 without regard to the two-year time period? ...................... D <br /> <br />3. Will the sellers have a loss or zero aain for California income tax purposes on this sale? (To check "YES", you must complete Form <br />i~~)-L, Real Estate Withholding - Computation of Estimated Gain or Loss, and have a loss or zero gain on line ............................. D []J <br /> <br />4. Is the property being compulsorily or involuntarily converted and does the seller intend to acquire property that is similar or related in <br />~~~i~:C~i~~s~0~3~ualify for nonrecognition of gain for California income tax purposes under ...................................................... G D <br /> <br />5. Will the transfer qualify for nonrecoanition treatment under IRC Section 351 (transfer to a corporation controlled by the transferor) <br />Or IRC Section 721 (contribution to a partnership in exchange for a partnership interest)? ...................................................... D []J <br /> <br />6. Is the seller a corporation (or an LLC classified as a corporation for federal and California income tax purposes) that is either qualified <br />through the California Secretary of State or has a permanent place of Business in California?..................................................... 0 []J <br />7. Is the seller a partnership (or an LLC that is classified as a partnership for federal and California income tax purposes and is not a <br />disregarded single member LLC) with recorded title to the property in the name of the partnership or LLC? <br />(If yes, the partnership or LLC must withhold on nonresident partners or members as required) "............................................. D <br /> <br />8. Is the seller a tax-exempt entity under either California or federal law? ...................................................... 0 <br />9. Is the seller an insurance company, individual retirement account, qualified pension/profit sharing plan, or charitable remainder of 0 <br />trust? <br /> <br />Part III - Certifications which may partially or fully exempt the sale from withholding: <br /> <br />Escrow Officer: See instructions for amounts to withhold. <br />10. Will the transfer qualify as a simultaneous like-kind exchanae within the meaning of IC Section 1031? ...................................... 0 <br /> <br />11. Will the transfer qualify as a deferred like-kind exchanae within the meaning of IRC Section 1031? ...................................... D <br /> <br />12. Will the transfer of this property be an installment sale that you will report as such for California tax purposes and has the buyer <br />agreed to withhold on each principal payment instead of withholding the full amount at the time of transfer? ................................ D <br /> <br />Part IV - Seller's Signature <br />Under penalties of perjury, I hereby certify that the information provided above is, to the best of my knowledge, true and correct. If conditions change, I <br />will promptly inform the withholding agent. I understand that completing this form does not exempt me from filing a California income or franchise tax <br />return to report this sale. ;;, ~ . ." I.. L. , <br /> <br />Seller's name (type or print) Alyn T. Beals Seller's signature l ~r' ~, Date ~' <br /> <br />Spouse's Name Spouse's signature Date <br /> <br />Priyate Mailbox no. <br /> <br />Note: If you do not furnish your tax ID <br />number this certificate is void. <br /> <br />Ownership percentage <br />25% <br /> <br />YES <br /> <br />NO <br /> <br />[]J <br />[]J <br /> <br />[]J <br />[]J <br />[]J <br /> <br />[]J <br />[]J <br />[]J <br /> <br />Seller: <br /> <br />If you checked "YES" to any question in Part II, you are exempt from real estate withholding. <br />If you checked "YES" to any question in Part III, you may qualify for a partial or complete withholding exemption. <br />If you checked "NO" to all of the questions in Part II and Part III, the withholding will be 3 1/3 percent of the total sales price. <br />If you are withheld upon, the withholding agent should give you two copies of Form 593-B, Real Estate Withholding Tax Statement. Attach <br />one copy to the lower front of your California income tax return and keep the other copy for your records. <br /> <br />For Privacy Act Notice, get form FTB 1131. (Individual only) <br /> <br />593C05103 I <br />We hereby certify thh ~cl ~;f .,; 'rue and <br />correct copy of th~ orict;;v.; <br />FIRST AMERICAN TITLe I": ClANCE <br />COMPANY ""ociV\ <br /> <br />By-L!04 <br /> <br />Form 593-( C2 200S <br /> <br />- <br />