Estate duty

 

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Estate duty

A former tax on a deceased person's estate and the forerunner of capital transfer tax which itself has been superseded by inheritance tax.



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Estate tax

Estate tax

In the US, a tax imposed by the federal government or state on the net value of a deceased person's estate after deduction of an exclusion. The net proceeds, after estate tax has been paid, pass to the beneficiaries. If the sole beneficiary is a spouse, no tax is payable.


Real estate broker

Real estate broker

An intermediary who receives a commission for arranging and facilitating the sale of a property for a buyer or a seller.


Real estate

Real estate

A piece of land and whatever physical property is on it.


Real estate broker

Real estate broker

One who arranges the sale and purchase of property in return for a commission. Known as an estate agent in the UK.


Real estate appraisal

Real estate appraisal

An estimate of the value of property using various methods.


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