In Arizona, in 1970, a woman filed a lawsuit against God, the value of which was 100,000.00 dollars, suing him for negligence because he allowed lightning to strike her house and burn it to the ground. Since the defendant did not appear in court, she won the dispute. It remains unclear who compensated her for the damage she suffered.
It’s not uncommon for apartment owners to rent out their apartments without forming a real-estate lease contract with the tennant. It is our belief that this is a major mistake on the landlord’s part and it may end up costing them a great deal.
In order to answer this question of whether the absolute rights transfer tax is paid by the seller or the buyer, we have to look at legal regulations which define this matter of practice in the domain of real-estate sale.
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