Separable Property
Definition of "Separable property"
Property wholly owned by one spouse, which was the spouse's before marriage or was received as a gift or an inheritance. This property legally belongs to that spouse and cannot be taken away in a debt action against the other spouse or for estate valuation.
Popular Real Estate Terms
Money raised by a syndicate promoter and placed into a fund prior to selecting the specific property in which funds will be invested. ...
Directly enhancing the physical nature of the property such as renovating the building, installing a new driveway and parking lot, and gardening. ...
Partial fulfillment. Pro tanto is normally used in relation to the partial satisfaction of a claim. For example, a pro tanto settlement in an eminent domain action will not prejudice any ...
Bottom of a frame such as a window sill. ...
(1) Short-term loan that is made in anticipation of permanent longer term loans. The interest rate on such a loan is usually higher than on longer term loans. (2) A business loan in which ...
Roof design having two different pitches. See also gambrel roof. ...
Legal boundary of property. ...
Capital appreciation financial goals set by a company or an individual over an extended period of time. Long-term capital goals establish a method for achieving the capital goal outcome ...
Low level of land positioned between mountains or hills. ...
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