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Norcross Factors may be referred to a person who might have actual or constructive possession of tangible personal property with the real ownership of the property being another, or calling bids on the property. Factor may have the means to possess the power to pass title to tangible personal property of others. Norcross Factors whom sell a property for another is not necessarily the true that the factors sold in his or its own name. People working with factors to sell property would be smart if they made sure all documentation of the sale is strictly kept in fully. Factors may take the responsibility to make sure all profit is reported to the government for tax purposes.
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