contract’s existence and any amounts paid prior to the cancellation or termination of the contract; and the contract is not held by a transferee for value. d) an account that is held solely by an estate if the documentation for such account includes a copy of the deceased’s will or death certificate. e) an account established in connection with any of the following: a court order or judgment. a sale, exchange, or lease of real or personal property, provided that the account satisfies the following requirements: the account is funded solely with a down payment, earnest money, deposit in an amount appropriate to secure an obligation directly related to the transaction, or a similar payment, or is funded with a Financial Asset that is deposited in the account in connection with the sale, exchange, or lease of the property; the account is established and used solely to secure the obligation of the purchaser to pay the purchase for the property, the seller to pay any contingent liability, or the lessor or lessee to pay for any damages relating to the leased property as agreed under the lease; the assets of the account, including the income earned thereon, will be paid or otherwise distributed for the benefit of the purchaser, seller, lessor, or lessee (including to satisfy such person’s obligation) when the property is sold, exchanged, or surrendered, or the terminates; the account is not a margin or similar account established in connection with a sale or exchange of a Financial and the account is not associated with an account described in subparagraph C(17)(f).
contract’s existence and any amounts paid prior to the cancellation or termination of the contract; and the contract is not held by a transferee for value. d) an account that is held solely by an estate if the documentation for such account includes a copy of the deceased’s will or death certificate. e) an account established in connection with any of the following: a court order or judgment. a sale, exchange, or lease of real or personal property, provided that the account satisfies the following requirements: the account is funded solely with a down payment, earnest money, deposit in an amount appropriate to secure an obligation directly related to the transaction, or a similar payment, or is funded with a Financial Asset that is deposited in the account in connection with the sale, exchange, or lease of the property; the account is established and used solely to secure the obligation of the purchaser to pay the purchase for the property, the seller to pay any contingent liability, or the lessor or lessee to pay for any damages relating to the leased property as agreed under the lease; the assets of the account, including the income earned thereon, will be paid or otherwise distributed for the benefit of the purchaser, seller, lessor, or lessee (including to satisfy such person’s obligation) when the property is sold, exchanged, or surrendered, or the terminates; the account is not a margin or similar account established in connection with a sale or exchange of a Financial and the account is not associated with an account described in subparagraph C(17)(f).
2016-other-aeoi-guidance-draft.docx