The change in legislation to allow PRECs was designed to provide the real estate industry with tax planning advantages. Since a PREC is a personal corporation, the position of sole director and sole voting shareholder is reserved for the licensee only. That person is known as the “controlling individual”.
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Beside this, what does Prec mean?
PREC
| Acronym | Definition |
|---|---|
| PREC | Program for Resource Efficient Communities |
| PREC | Pennsylvania Real Estate Commission (Harrisburg, PA) |
| PREC | Project on Religion and Economic Change (Austin, TX) |
| PREC | Personal Real Estate Corporation (business structure) |
Subsequently, question is, how do you shorten appreciation? There is one common way to abbreviate appreciation. It is, appr'n.
Keeping this in view, how do you spell Prec?
verb (used with object), im·pre·cat·ed, im·pre·cat·ing. to invoke or call down (evil or curses), as upon a person.
What does Prec mean in Mims?
Monthly Index of Medical Specialities - Wikipedia.
Related Question Answers
What is the synonym for precipice?
precipice. Synonyms: cliff, crag, steep descent, headlong, steep.
What does Presapus mean?
noun. a cliff with a vertical, nearly vertical, or overhanging face. a situation of great peril: on the precipice of war.