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A former tax on a deceased person's estate and the forerunner of capital transfer tax which itself has been superseded by inheritance tax.



Similar Matches

Testate

Testate

The situation which exists when a person dies having made a will.


Broker, Real Estate

Broker, Real Estate

One who is licensed by the state to carry on the business of dealing in real estate. A broker may receive a commission for his or her part in bringing together a buyer and seller, landlord and tenant, or parties to an exchange.


Finite Life Real Estate Investment Trust (FREIT)

Finite Life Real Estate Investment Trust (FREIT)

A Real Estate Investment Trust whose priority is to sell its holdings within a specified period to realize capital gains.


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 Mortgage Investment Conduit (REMIC)

Real Estate Mortgage Investment Conduit (REMIC)

A pass-through tax entity that can hold mortgages secured by any type of real property and can issue multiple classes of ownership interests to investors in the form of pass-through certificates, bonds, or other legal forms. A financing vehicle created under the Tax Reform Act of 1986.


Further Suggestions

Disposition of Real Estate Statement
real estate broker
real estate
Real Estate Settlement Procedures Act (RESPA)
Real Estate Investment Trust (REIT)
Real Estate
real estate investment trust
estate agent
intestate
Real estate
Real estate broker
Real estate appraisal
estate
residuary estate


 
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