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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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