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230RICR30202TITLE 230 DEPARTMENT OF BUSINESS REGULATION CHAPTER 30 COMMERCIAL LICENSING SUBCHAPTER 20 REAL ESTATE PART 2 Real Estate Brokers and Salespersons2.1Authority and PurposeA.Authority: This
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Part 2 - real refers to a section of a specific form or report that involves the disclosure of real property interests, often required for tax purposes.
Individuals or entities that own, transact, or manage real property and meet certain criteria set forth by tax regulations are required to file part 2 - real.
To fill out part 2 - real, one needs to gather relevant property information, complete the required fields accurately, and ensure all documentation is attached as needed.
The purpose of part 2 - real is to ensure compliance with tax regulations by providing detailed information about real estate holdings and transactions.
Information such as property addresses, ownership details, transaction dates, and value assessments must be reported on part 2 - real.
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