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<br />YEAR <br />2006 <br /> <br />Real Estate Withholding Certificate <br /> <br />CAUFORNIA FORM <br />593-C <br /> <br />Part 1 Seller's Information <br />Name (including spouse, if jointly owned - see instructions - type or print) <br />Paul B. Martin <br /> <br /> <br />Address (number and street) <br />399 Selb Lane <br />City, State, ZIP Code <br />Atherton CA 94027 <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 (IRC) Section 121? ~ <br /> <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 G <br /> <br />3. Will the sellers have a loss or zero oain 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 ~ <br /> <br /> <br />4. Is the property being compulsorily or involuntarilv converted and does the seller intend to acquire property that is similar or related in <br />service or use to qualify for nonrecognition of gain for California income tax purposes under D <br /> <br />IRC Section 1033? ...................................................... G <br />5. Will the transfer qualify for nonrecoonition 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 ~ <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?...................................................... D G <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? ...................................................... D <br />9. Is the seller an insurance company, individual retirement account, qualified pension/profit sharing plan, or charitable remainder of D <br />trust? <br /> <br />Pa rt 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 exchanoe within the meaning of IC Section 1031? ...................................... D <br /> <br />11. Will the transfer qualify as a deferred like-kind exchanoe within the meaning of IRe 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 buver <br />agreed to withhold on each principal payment instead of withholding the full amount at the time of transfer? ................................ D G <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 doeSQot exempt me from filing a California income or franchise tax <br />return to report this sale. \'\,. , <br /> <br />Seller's name (type or print) Paul B. Martin Seller's signature t~ \ · ~ate ,\ ,. \ {, ,,0 {, <br /> <br />Spouse's Name Spouse's signature Date <br /> <br />Private Mailbox no. <br /> <br />Note: If you do not furnish your tax 10 <br />number this certificate is void. <br /> <br />Ownership percentage <br />25% <br /> <br />YES <br /> <br />NO <br /> <br />G <br />~ <br />G <br /> <br />~ <br />G <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 />593C05103 I <br />We hereby certify this to be a true and <br />correct copy of the original. <br />FIRST AMERICAN TITLE INSURANCe <br />COMPANY <br /> <br />By Llf)4 <br /> <br />For Privacy Act Notice, get form FTB 1131. (Individual only) <br /> <br />Form 593-C C2 2005 <br />