Sentences with phrase «half share of the property»

By 1962, the owners were unable to make mortgage payments, and the New York State Employees Retirement System, which had invested a one - fifth share of the property, foreclosed.
Schools receive the lion's share of our property taxes, about 60 percent of the total, depending on where you live.
Shares of property ownership are a major American tradition.
And he said, «There was a man who had two sons; 12and the younger of them said to his father, «Father, give me the share of the property which falls to me.»
«A man had two sons, and the younger of them said to his father, Give me my share of the property.
I agree with you — making them pay their share of the property taxes and at the same time making donations to them non-tax deductible (donations which they generally use for themselves) would put most of them out of business
That boy started by saying, «Give me» — «Give me the share of property that falls to me» — but when he came back from the far country, humiliated and penitent, he had changed his tune.
Orland Park started giving back to homeowners the village's share of property tax bills, about 6.5 percent, after installing a.75 percent home rule sales tax in 2002.
As a share of all property taxes combined, local Medicaid costs account on average for 7 percent — ranging from 2 percent in Hamilton to 17 percent in Chemung County.
For decades, each of Albany County's 18 municipalities have ponied up the county's share of property taxes collected at different times, but in recent months, some legislators have pushed to put them all on the same schedule.
Should the County eliminate its guarantee to refund other taxing districts» (including school districts) share of property taxes paid in error due to County assessment errors?
As you can see, both the County and Library tax make up a smaller share of the property taxes paid in 2006 than in 1999.
Mrs. Latimer's share of the property she inherited from her mother hasn't been determined yet by the family, so though she paid some of the taxes she didn't pay all of them, because her share of the taxes is not clear either.
«Homeowners and businesses in these communities benefit as the state takes on a larger share of the property tax burden every time local officials keep the tax levy within the cap,» Peters said.
Do you think the state should do something to help reduce the local share of property taxes that go to schools?
Don't cut the Library's share of the Property Tax!
The Empire Center, a fiscally - conservative watchdog, determined Essex County is in the bottom 10 counties when it comes to Medicaid as a combined share of property taxes.
The contemporary debates about equity and sharing of property tax revenue often overlook the fact that wealthy districts in most cases did not create their own wealth.
They are both getting about 5.2 % interest on their money, plus the lion's share of any property appreciation.
That means each could dispose of or keep their share of the property without interfering with the choices or decisions of another.
they bought a share of the property, they should fund it if they intend to keep 75 %
We have 50:50 share of property, however I pay the complete EMI so as per the example in FAQ I am allowed to claim the tax benefit of the entire interest amount paid.With this in place can my wife claim the 100 % principal amount (due to other investments I have already exhausted the 1.5 Lakh threshold), so is it possible that I am claiming 100 % Interest paid and my wife claiming 100 % Principal paid.
Every time a mortgage repayment is made, the borrower is effectively buying back a share of the property, so over time, the size of the equity share increases.
When making your mortgage repayments each month, a share of the property is effectively being bought back.
Equity is the share of the property value that is not already owed through the mortgage, and is instead legally owned by the borrower.
Or, you could sell her a share of the property equal to $ 70K / (current value of the house), but this would need to be allowed by the current lender, which might get complicated.
In certain situations, your spouse's share of the property could be used to pay off any debts they left behind.
When the fund is liquidated the priority of payment is as follows; return of your original investment, then reinvested dividends, then your share of property value appreciation.
Cooperative (Co-op): A type of group ownership where all members own the community's living units and common areas by owning shares of the property.
You buy a share of a property (usually between 25 % and 75 %) and pay rent on the remaining share, which is owned by a local housing association.
In return, they are entitled to a share of the property's increase (or decrease) in value over time.
When unmarried individuals own property in joint tenancy, each owner's share of the property — and therefore the part of the basis that's stepped up when that owner dies — is determined by contribution to the purchase price.
That technique consists of buying fractional shares of property through the use of a general or limited partnership.
Each owner has the right to deal with their share of the property separately to the others.
Although IDS shares some of its properties with dog - directed speech (DDS), it is unclear whether the production of DDS is functional, or simply an overgeneralisation of IDS within Western cultures.
If people are required to pay property tax on horses that they don't even breed or make money from, then dog breeders that make money definitely need to pay their share of property tax!
With a higher share of properties in Asia and Europe, it is more interesting to global travelers and with more stylish brands like W or Le Meridien, travel is less boring.
The wife claims spousal and child support, and a share of property interests that the husband in that country, and in B.C. and Saskatchewan as well.
Above all, the obligation to live together is no longer applicable, you are no longer held to fidelity and the legal sharing of property terminates.
A married man was able to get a share of property purchased in his mistress» sole name (in order to hide the asset in divorce proceedings) in Lowson v Coombes [1999] Ch 373, [1998] All ER (D) 644.
The MPA requires the Court to be fair in determining what each spouse's share of the property will be.
The appeal decision in Martin was to award the claimant a life interest in her deceased partner's share of their property, meaning the claimant could remain living there for the rest of her life, after which half the capital value would pass to the estranged wife.
Under common law relationship and property rights one does not have an automatic right to a share of property upon separation.
In our view, he properly applied the decision of the Supreme Court of Canada in Boston v. Boston, [2001] 2 SCR 413, which pointed out that «double - counting» would occur if a former spouse, having obtained his or her share of the property, could also obtain support based on what the other party earned from his or her share of the divided property.
In examining its jurisdiction with regards to the sale of the property in Portugal, the Court in Macedo conceded that it did not have the power to vest title of the property in the wife, but found that it had jurisdiction in personam over the husband and could order the husband to sell the property in Portugal, or, alternatively, the husband could pay the wife for her share of the property minus his interest in the Canadian property: Having said this, the court is satisfied that it retains jurisdiction in personam against the Respondent in this jurisdiction.
Since Dora had an interest in the income of Craig's half share of the property, those legacies would only be payable after her death.
«Through shared ownership you buy a share of the property and pay a rent on the remaining share you do not own.
She helps me pay rarely but if something happens her share of the property would be divided between myself, my 2 brothers and father.
The token itself, Zabercoin (ZAB), represents shares of property controlled by the team behind the token.
Your share of the property will pass to whoever you leave it to in your will.
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