Estate

 

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Estate

The total value of a deceased person's assets.For example:Total value of property, automobile and all other possessions = £500,000Allowable deductions such as mortgage, overdraft at bank, credit cards and other expenses = £70,000Total net value of estate = £430,000



Similar Matches

Real Estate Investment Trust (REIT)

Real Estate Investment Trust (REIT)

REITs invest in real estate or loans secured by real estate and issue shares in such investments. A REIT is similar to a closed-end mutual fund.


Estate duty

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A former tax on a deceased person's estate and the forerunner of capital transfer tax which itself has been superseded by inheritance tax.


Real Estate Settlement Procedures Act (RESPA)

Real Estate Settlement Procedures Act (RESPA)

A federal statute requiring disclosure of certain costs in the sale of residential, improved property which is to be financed by a federally insured lender.


Real Estate

Real Estate

(1) Land and anything permanently affixed to the land. such as buildings, fences, and those things attached to the buildings, such as light fixtures, plumbing and heating fixtures, or other such items which would be personal property it not attached. The term is generally synonymous with real property, although in some states a fine distinction may be made. (2) May refer to rights in real property as well as the property itself.


Real estate

Real estate

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


Further Suggestions

residuary estate
Real estate broker
Disposition of Real Estate Statement
Real estate appraisal
real estate investment trust
Real Estate Mortgage Investment Conduit (REMIC)
intestate
real estate
Finite Life Real Estate Investment Trust (FREIT)
testate
estate agent
estate tax
Broker, Real Estate
real estate broker


 
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