Foreclosure Property Listings •

Tax Administration Durham County Government Advanced Search Terrorist Threat Level Home Services Departments News Jobs Public Records Where Can I Find...? Calendar Links Feedback Durham Neighborhood College "Enlightening and empowering citizens to build a better Durham" UPDATED: December 15, 2005 > Tax Administration : Foreclosure Auction New Office Hours to 8:30AM - 5:00PM effective February 2, 2004 Durham County Tax Office to accept electronic check payments Department Home General Information • About the Tax Administrator • About the Tax Office • Frequently Asked Questions • Tax Valuation Appeal Process • Tax Rates Public Information • Record Searches • On-line Business Listing System • On-line Tax Payments • Tax Foreclosure Property Listings • GIS Maps • Property Tax Forms and Publications • Impact Fee Information Information For... • Owners of Real Estate • Business Personal Property Owner • Business Privilege License/ Beer/Wine License • Motor Vehicle & Personal Property Taxation • Revaluation 2008 • Revaluación 2008 Property Tax Foreclosure Auction The tax information provided here is for informational purposes only, does not constitute any certification of taxes and should not be relied upon for actual payment or collection of taxes. The information, pictures, maps, or any other data contained on this website contains no warranties or guarantees. Anyone interested in participating in the bidding process should conduct his or her own research for each individual property. The Durham County Tax Collector, at the direction of the Durham County Commissioners and the Durham City Council, is aggressively pursuing the collection of delinquent real and personal property taxes. One of the collection tools used by the Tax Collector is the employment of private attorneys to commence formal foreclosure proceedings under North Carolina General Statutes 105-374 against real property on which there are delinquent unpaid property taxes. IMPORTANT INFORMATION Frequently Asked Questions (FAQ) about the tax foreclosure process in Durham and in North Carolina AuctionContent PropertyTax Foreclosure Sale Date: December 13, 2005 Location: Durham County Judicial Bldg.(lobby area) Time: 12:00 noon [All Parcel Listings for Auctions are in PDF Format] Parcel Listing for Auction Last Updated Parcel113326 for December 13, 2005 Sale (Sold for $10,500.00) December 13, 2005 Parcel132661 for December 13, 2005 Sale (Redeemed) December 13, 2005 Parcel161494 for December 13, 2005 Sale (Redeemed) December 8, 2005 Parcel114945 for December 13, 2005 Sale (Sold for $5,725.00) December 13, 2005 All Durham County foreclosure sales are made subject to all outstanding City and County taxes and all local improvement assessments against the properties offered for sale that are not included in the judgment of each entitled cause herewith. A deposit of ten percent (10%) of the successful bid will be required the day of the sale. Minimum bid sheets and general foreclosure sale information is located at the Customer Service Counter. Adobe's free PDF Reader is required to view documents in PDF format. DOWNLOAD ADOBE PDF READER HERE! The tax information provided here is for informational purposes only, does not constitute any certification of taxes and should not be relied upon for actual payment or collection of taxes. The information, pictures, maps, or any other data contained on this website contains no warranties or guarantees. Anyone interested in participating in the bidding process should conduct his or her own research for each individual property. top of page Last updated: September 9, 2004 © 2005, Durham County Government, North Carolina. All rights reserved. 200 E Main Street, Durham, NC 27701 webmaster@durhamcountync.gov Website Disclaimer & Policies

INVESTMENT PROPERTY HISTORY OF

IAS Plus International Accounting Standards IAS 40, Investment Property Home Site Map Standards Interpretations Agenda Structure Newsletter Resources Countries/Regions Links Search STANDARDS: IAS 40 INVESTMENT PROPERTY HISTORY OF IAS 40 October 1984 Exposure Draft E26 Accounting for Investments March 1986 IAS 25 Accounting for Investments 1 January 1987 Effective Date of IAS 25 December 1999 Exposure Draft E64 Investment Property April 2000 IAS 40 Investment Property superseded those portions of IAS 25 that addressed investment property and withdrew IAS 25 1 January 2001 Effective Date of IAS 40 (2000) 18 December 2003 Revised version of IAS 40 issued by the IASB The summary below reflects the revisions. 1 January 2005 Effective date of IAS 40 (Revised 2003) RELATED INTERPRETATIONS Issues Relating to This Standard that IFRIC Did Not Add to Its Agenda SUMMARY OF IAS 40 Definition of Investment Property Investment property is property (land or a building or part of a building or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both. [IAS 40.5] Examples of investment property: [IAS 40.8] Land held for long-term capital appreciation Land held for undecided future use Building leased out under an operating lease Vacant building held to be leased out under an operating lease The following are not investment property and, therefore, are outside the scope of IAS 40: [IAS 40.5 and 40.9] property held for use in the production or supply of goods or services or for administrative purposes; property held for sale in the ordinary course of business or in the process of construction of development for such sale (IAS 2 Inventories); property being constructed or developed on behalf of third parties (IAS 11 Construction Contracts); owner-occupied property (IAS 16 Property, Plant and Equipment), including property held for future use as owner-occupied property, property held for future development and subsequent use as owner-occupied property, property occupied by employees and owner-occupied property awaiting disposal; property that is being constructed of developed for use as an investment property (IAS 16 applies to such property until construction or development is complete). However, IAS 40 does apply to existing investment property that is being redeveloped for continuing use as investment property; and property leased to another entity under an finance lease. Other Classification Issues Property held under an operating lease. A property interest that is held by a lessee under an operating lease may be classified and accounted for as investment property provided that: [IAS 40.6] the rest of the definition of investment property is met; the operating lease is accounted for as if it were a finance lease in accordance with IAS 17 Leases; and the lessee uses the fair value model set out in this Standard for the asset recognised. An entity may make the foregoing classification on a property-by-property basis. Partial own use. If the owner uses part of the property for its own use, and part to earn rentals or for capital appreciation, and the portions can be sold or leased out separately, they are accounted for separately. Therefore the part that is rented out is investment property. If the portions cannot be sold or leased out separately, the property is investment property only if the owner-occupied portion is insignificant. [IAS 40.10] Ancillary services. If the enterprise provides ancillary services to the occupants of a property held by the enterprise, the appropriateness of classification as investment property is determined by the significance of the services provided. If those services are a relatively insignificant component of the arrangement as a whole (for instance, the building owner supplies security and maintenance services to the lessees), then the enterprise may treat the property as investment property. Where the services provided are more significant (such as in the case of an owner-managed hotel), the property should be classified as owner-occupied. [IAS 40.11] Intracompany rentals. Property rented to a parent, subsidiary, or fellow subsidiary is not investment property in consolidated financial statements that include both the lessor and the lessee, because the property is owner-occupied from the perspective of the group. However, such property could qualify as investment property in the separate financial statements of the lessor, if the definition of investment property is otherwise met. [IAS 40.15] Recognition Investment property should be recognised as an asset when it is probable that the future economic benefits that are associated with the property will flow to the enterprise, and the cost of the property can be reliably measured. [IAS 40.16] Initial measurement Investment property is initially measured at cost, including transaction costs. Such cost should not include start-up costs, abnormal waste, or initial operating losses incurred before the investment property achieves the planned level of occupancy. [IAS 40.20 and 40.23] Measurement subsequent to initial recognition IAS 40 permits enterprises to choose between: [IAS 40.30] a fair value model; and a cost model. One method must be adopted for all of an entity's investment property. Change is permitted only if this results in a more appropriate presentation. IAS 40 notes that this is highly unlikely for a change from a fair value model to a cost model. Fair value model Investment property is remeasured at fair value, which is the amount for which the property could be exchanged between knowledgeable, willing parties in an arm's length transaction. Gains or losses arising from changes in the fair value of investment property must be included in net profit or loss for the period in which it arises. [IAS 40.35] Fair value should reflect the actual market state and circumstances as of the balance sheet date. [IAS 40.38] The best evidence of fair value is normally given by current prices on an active market for similar property in the same location and condition and subject to similar lease and other contracts. [IAS 40.45] In the absence of such information, the entitymay consider current prices for properties of a different nature or subject to different conditions, recent prices on less active markets with adjustments to reflect changes in economic conditions, and discounted cash flow projections based on reliable estimates of future cash flows. [IAS 40.46] There is a rebuttable presumption that the enterprise will be able to determine the fair value of an investment property reliably on a continuing basis. However, if, in exceptional circumstances, an entity follows the fair value model but at acquisition concludes that a property's fair value is not expected to be reliably measurable on a continuing basis, the property is accounted for in accordance with the benchmark treatment under IAS 16 , Property, Plant and Equipment (cost less accumulated depreciation less accumulated impairment losses). [IAS 40.53] Where a property has previously been measured at fair value, it should continue to be measured at fair value until disposal, even if comparable market transactions become less frequent or market prices become less readily available. [IAS 40.55] Cost Model After initial recognition, investment property is accounted for in accordance with the cost model as set out in IAS 16 , Property, Plant and Equipment – cost less accumulated depreciation and less accumulated impairment losses. [IAS 40.56] Transfers to or from Investment Property Classification Transfers to, or from, investment property should only be made when there is a change in use, evidenced by: [IAS 40.57] commencement of owner-occupation (transfer from investment property to owner-occupied property); commencement of development with a view to sale (transfer from investment property to inventories); end of owner-occupation (transfer from owner-occupied property to investment property); commencement of an operating lease to another party (transfer from inventories to investment property); or end of construction or development (transfer from property in the course of construction/development to investment property. When an enterprise decides to sell an investment property without development, the property is not reclassified as investment property but is dealt with as investment property until it is disposed of. The following rules apply for accounting for transfers between categories: for a transfer from investment property carried at fair value to owner-occupied property or inventories, the fair value at the change of use is the 'cost' of the property under its new classification; [IAS 40.60] for a transfer from owner-occupied property to investment property carried at fair value, IAS 16 should be applied up to the date of reclassification. Any difference arising between the carrying amount under IAS 16 at that date and the fair value is dealt with as a revaluation under IAS 16; [IAS 40.61] for a transfer from inventories to investment property at fair value, any difference between the fair value at the date of transfer and it previous carrying amount should be recognised in net profit or loss for the period; [IAS 40.63] and when an entity completes construction/development of an investment property that will be carried at fair value, any difference between the fair value at the date of transfer and the previous carrying amount should be recognised in net profit or loss for the period. [IAS 40.65] When an entity uses the cost model for investment property, transfers between categories do not change the carrying amount of the property transferred, and they do not change the cost of the property for measurement or disclosure purposes. Disposal An investment property should be derecognised on disposal or when the investment property is permanently withdrawn from use and no future economic benefits are expected from its disposal. The gain or loss on disposal should be calculated as the difference between the net disposal proceeds and the carrying amount of the asset and should be recognised as income or expense in the income statement. [IAS 40.66 and 40.69] Compensation from third parties is recognised when it becomes receivable. [IAS 40.72] Disclosure Both Fair Value Model and Cost Model [IAS 40.75] whether the fair value or the cost model is used; if the fair value model is used, whether property interests held under operating leases are classified and accounted for as investment property; if classification is difficult, the criteria to distinguish investment property from owner-occupied property and from property held for sale. the methods and significant assumptions applied in determining the fair value of investment property. the extent to which the fair value of investment property is based on a valuation by a qualified independent valuer; if there has been no such valuation, that fact must be disclosed. the amounts recognised in profit or loss for: rental income from investment property; direct operating expenses (including repairs and maintenance) arising from investment property that generated rental income during the period; and direct operating expenses (including repairs and maintenance) arising from investment property that did not generate rental income during the period. restrictions on the realisability of investment property or the remittance of income and proceeds of disposal. contractual obligations to purchase, construct, or develop investment property or for repairs, maintenance or enhancements. Additional Disclosures for the Fair Value Model [IAS 40.76] a reconciliation between the carrying amounts of investment property at the beginning and end of the period, showing additions, disposals, fair value adjustments, net foreign exchange differences, transfers to and from inventories and owner-occupied property, and other changes. significant adjustments to an outside valuation (if any) if an entity that otherwise uses the fair value model measures an item of investment property using the cost model, certain additional disclosures are required. Additional Disclosures for the Cost Model [IAS 40.79] the depreciation methods used; the useful lives or the depreciation rates used; the gross carrying amount and the accumulated depreciation (aggregated with accumulated impairment losses) at the beginning and end of the period; a reconciliation of the carrying amount of investment property at the beginning and end of the period, showing additions, disposals, depreciation, impairment recognised or reversed, foreign exchange differences, transfers to and from inventories and owner-occupied property, and other changes; the fair value of investment property. If the fair value of an item of investment property cannot be measured reliably, additional disclosures are required, including, if possible, the range of estimates within which fair value is highly likely to lie.

Foreclosure Property

Homepage of the California Department of Real Estate (DRE) California Home DRE Home Contact Us What's new About DRE Careers at DRE DRE Records Consumers Escrow Violations eLicensing Examinees Licensees Subdivisions Real Estate Law Regulations Publications Forms FAQs Links Index Department of Real Estate START Examinees and Licensees: Use eLicensing for expedited processing of: Examination services Mailing address changes License renewals Salesperson additions/changes of employing broker Broker certification of salesperson employment Broker discontinuation of salesperson employment Duplicate license requests Additional services Learn to use eLicensing It's easy, paperless and interactive! Resources Key Announcements Brokers Must Report Commission Payments on 1099s Real estate brokers are required to report commission payments of $600 or more to brokers and salespersons on Form 1099-MISC, Box 7 - Nonemployee Compensation. For more information, see 1099 Reporting for Real Estate Brokers published by the Franchise Tax Board. Combination examination and license applications are now available: Broker Examination/License Sales Examination/License Expanded Services: Use eLicensing to apply for the salesperson exam Important Information About: Application Processing Timeframes Satellite Exam Sites for Salespersons and Brokers Can't find what you're looking for? Try the Index Featured Items Topics of Interest: Gulf Coast Hurricanes CalHFA First Time Homeownership Program Instructions to License Applicants Help Avoid DENIAL of Your License Application Guides for First Time Home Buyers and Renters Information for Homebuyers Apply Online for a CalVet Home Loan Predatory Lending Prevention Investigate Before You Invest Small Business and DVBE Opportunities Workers' Compensation Coverage Flex Your Power - Be Energy Efficient! Find out how you can save money, save energy, and save natural resources.   more My CA Customer Survey Course & Instructor Evaluation Back to Top of Page Conditions of Use | Privacy Policy | Tech Problems 2003 State of California This page last modified on Wednesday, December 28, 2005

Rental Property

Hilton Head Rentals-Vacation, Home, Condo & Villa Rental in Hilton Head Island, SC The Premier Vacation Rental Company in Hilton Head Island, SC - Hilton Head Rentals We would first like to thank you for your consideration in selecting the professionals at Hiltonheadrentals.com to satisfy your vacation expectations on Hilton Head Island. We are proud to offer an array of guest services that will anticipate your every desire here in this beach paradise. Hiltonheadrentals.com is committed to first-rate visitor service and owner satisfaction. We take pride in the extra effort we make to insure that our owners' properties are taken care of and that our vacation guests enjoy their accommodations. Hilton Head Rentals .Com is your online portal to resort paradise! Hilton Head Island, South Carolina is the largest barrier island on the southern Atlantic seacoast, a beautiful and friendly community located in the Lowcountry between Beaufort SC and Savannah GA.Whether you dream of a romantic wedding and honeymoon, the perfect getaway for peaceful relaxation, or an action packed adventure for family members of all ages, Hilton Head Island offers unique activities. Golf, tennis, boating, kayaking, fishing, sailing, swimming, horseback riding and walking along the sandy beaches are justa few ways to experience the local climate. If you are planning your next vacation in a private home or villa:Hilton Head Rentals .Com is the exclusive rental agent for many of the finest properties in Sea Pines Plantation, Palmetto Dunes Resort, Forest Beach, Singleton Beach, and other unique locations throughout Hilton Head Island, South Carolina. If you are an resort property owner and would like to list your home or villa for rental with us at Hilton Head Rentals .Com, you will find we have numerous high class repeat guests and our support staff is unparalleled by any other property management company. From the beginning, we have committed a lot of thought and energy to make Hiltonheadrentals.com successful. We have designed a new website along with smarter, more cost-effective ways of renting our properties. Come to Hilton Head Island, SC and enjoy the year-round first class vacation resort. We welcome your inquiries and look forward to helping you enjoy a wonderful vacation here on Hilton Head Island. We hope to see you soon. Hilton Head Island Vacation Rentals Search 1 2 3 4 5 6 7 8 9 10 11 12 13 14 7 Check-In Date Sleeps Nights 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom 5 Bedroom 6 Bedroom Other Please Call Sea Pines Folly Field Palmetto Dunes Forest Beach Shipyard Shelter Cove Number of Bedrooms Preffered Location Save HUNDREDS!!! | Last Minute Hilton Head Vacation Rental! Bookmark This Page | Sitemap .. Thursday, December 29, 2005 | Call 1.800.368.5975 NEW! - Hilton Head Pet Friendly Rentals Hilton Head Rentals By Location > Sea Pines > Folly Field > Palmetto Dunes > Forest Beach > Shipyard > Shelter Cove Hilton Head Rentals By View > Oceanfront > Oceanside > Oceanview > Marsh view > Lagoon > Wooded > Golf/Fairway > Harbour Hilton Head Rentals By Bedrooms > 1 Bedroom > 2 Bedrooms > 3 Bedrooms > 4 Bedrooms > 5 Bedrooms > 6 Bedrooms FEATURED VACATION RENTAL 62 North Sea Pines Drive in Sea Pines This six bedroom home is located in Sea Pines Plantation and has all the amenities for an enjoyable vacation on Hilton H... >>more Click here for Our Luxury Rentals 10 Columbine Lane - Sea Pines Surrounded by Sea Pines best beaches and 3 golf courses, this one level 3 bedroom pet friendly renta... >> More The Opal - Sea Pines This 4 bedroom luxury home is located in Sea Pines on the deep water side of Calibogue Cay. Floor p... >> More 64 Mooring Buoy - Palmetto Dunes This beautiful 5 bedroom 2nd-row-to-the-ocean rental home is what vacationing in paradise on Hilton ... >> More The Pearl - Forest Beach This beautiful 4 bedroom oceanfront home is located just outside the back gate of Sea Pines Plantati... >> More LIST YOUR VACATION RENTAL TODAY WITH HILTON HEAD RENTALS . COM ... CLICK HERE! Hilton Head Vacation Rentals | Hilton Head Villa Rentals | Hilton Head Home Rentals | Vacation Discounts About Hilton Head Rentals Dot Com | Contact Us | Terms & Conditions | Privacy Policy | List Your Property | Owner's Login Villamare Villas | Shipyard Condo Rentals | Plantation Club - Sea Pines Hilton Head Real Estate | Hilton Head Rental Guide | Hilton Head Accommodation Vacation Rental Resources ©2005 Performance Development Corporation, Inc. All rights reserved. Designed & Produced by: Performance Development Corporation 14 New Orleans Road | Hilton Head Island, SC |29928 843.671.4700

New Homes Benefits of

New Homes : ENERGY STAR What is ENERGY STAR? | Newsroom Search What are ENERGY STAR Qualified New Homes Features of ENERGY STAR Qualified New Homes Benefits of ENERGY STAR Qualified New Homes Homebuyer Resources New Homes Partner Locator For Residential Building Professionals PRODUCTS HOME IMPROVEMENT NEW HOMES BUSINESS IMPROVEMENT PARTNER RESOURCES -- Home > New Homes -- -- ENERGY STAR Qualified New Homes A new ENERGY STAR qualified new home performs better for the homeowner and the environment thanks to a variety of energy-efficient features. What are ENERGY STAR Qualified New Homes? ENERGY STAR qualified new homes are certified to meet strict energy-efficiency guidelines set forth by EPA. Features of ENERGY STAR Qualified New Homes ENERGY STAR qualified new homes use tried and true technologies and construction practices. Benefits of ENERGY STAR Qualified New Homes ENERGY STAR qualified new homes are high quality, comfortable homes that cost less and are good for the environment. New Homes Partner Locator Find local partners that build, market, and promote ENERGY STAR. All States Alaska Alabama Arkansas Arizona California Colorado Connecticut Dist of Columbia Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming Just one ENERGY STAR qualified new home can keep 4,500 pounds of greenhouse gases out of our air each year. Do Even More with ENERGY STAR: Lighting Advanced Lighting Package Appliances Home Entertainment Home Office Products | Home Improvement | New Homes | Business Improvement | Partner Resources Newsroom | Privacy | Contact Us | Site Index EPA Home EPA Search DOE Home DOE Search