Property Tax - Law Dictionary Search Results
Confusion, property by
Confusion, property by. Where goods of two persons are so intermixed that … no longer be distinguished; if the intermixture be by consent, it is supposed that the proprietors have an interest in common,
Deposit
of a fire, a shipwreck, or other overwhelming calamity, when property is confided to any person whom the depositor may meet … recompense, and to be returned when the bailor shall require it. The appellation and the definition are both derived from the
Administration
the estate. The evacuee could not take possession of his property. He could not lease that property. He could not sell … certain circumstances demolish the property, R.B. Jodha Mal Kuthalia v. CIT, (1971) 3 SCC 369 (372): AIR 1972 SC 126. [Pakistan
Co-owner
a co-owner is as much an owner of the entire property as any sole owner of a property is, Sri Ram … property as any sole owner of the property is: Jurisprudentially, it is not correct to say that a co-owner of property
conversion
another b : the act of exchanging one kind of property for another ;esp : the act of exchanging preferred stocks … requisition, or condemnation of the original property NOTE: For income tax purposes, involuntary conversions are generally taxable, and the gain or
pawn
a pledge and transfer of possession of movable or personal property to a creditor which gives the creditor the privilege of … of satisfying the debt from the property (as by selling it) if the debt is not repaid within a specified time
Corporation or body politic
is sued by is corporate name, and holds and enjoys property by such name. A corporation can sue or be sued … on natural persons only would fail in process of time. It is either aggegate, consisting of many members, or sole, consisting
loss
loss : a loss in marine insurance in which the property (as a vessel or cargo) cannot be repaired or recovered … a general rule, economic losses are deductible from adjusted gross income under section 165 of the Internal Revenue Code. There are,
Avuision
Lat.], lands torn off by an inundation or current from property to which they originally belonged, and gained to the estate … between two properties, cuts off part of one and joins it to the other. The property of the part thus separated
Movable property
Movable property, includes growing crops. [Code of Civil Procedure, 1908 (5 of … of Civil Procedure, 1908 (5 of 1908), s. 2 (13)] It includes standing timber, growing corps and grass, fruit upon and
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