Sentences with phrase «individuals hold property»

Often these individuals hold property as joint trustees for their benefit.

Not exact matches

While you don't pick specific properties to invest in — there's one REIT that holds these properties and you invest in the REIT itself — you can get a good feel for the portfolio holdings by reviewing the details of the individual properties online.

Kemper Corporation, a diversified insurance holding company, provides property and casualty, and life and health insurance to individuals and businesses in the United States.

Individuals and families above these thresholds, however, must calculate their deduction using the W - 2 wages paid to employees of, and the depreciable property held by, their business.

Yet, notwithstanding all this, if the laws be continually despised and disregarded, if their rights to be secure in their persons and property, and to feel secure in their political affiliations, are held by no better tenure than the caprice of a mob, in the executive mansion or out, especially the caprice of an individual President's will, the alienation of their affections from the government is the natural consequence; and to that, sooner or later, it must come.

Most of the women in my life are degree holding, six figure earning, property owning, individuals, but as soon as the conversation turns to the sexes, it's «men!»

The Town of Groton holds a conservation restriction over the entire property and we are grateful for the vision, determination, and collaboration of so many individuals and organizations who came together to make this project possible,» said Mass Audubon President Laura Johnson.

The best choice for individuals who currently have a Fannie Mae - held mortgage and may owe up to 125 % of the current property value.

A residential or mixed - use building wherein a corporation or trust holds title to the property and sells shares of stock representing the value of a single apartment unit to individuals who, in turn, receive a proprietary lease as evidence of title.

The portfolio construction process uses data on the individual properties held by each company in the investment universe to build a portfolio diversified by location and property type.

It includes the policy number and effective dates, what types of coverage you have, what the policy's limits are, and personal information about the individuals insured or holding liens against the property.

And unlike directly held property investments, you can hold these shares in an individual savings account or private pension.

If you are thinking about buying personal property valued over $ 5000 from a private individual, for example a car, boat, furniture, art or jewellery, you should make sure the property does not have a security interest held over it.

A trust is a relationship created at the direction of an individual, in which one or more persons hold the individual's property subject to certain duties to use and protect it for the benefit of the Nova Scotia SPCA.

By Mark Parkinson Whether you're an individual investor with a single rental unit or a group of investors holding many commercial properties, you're likely to be aware of the advantages -LSB-...]

Premises liability laws are designed to hold Property owners, operators, and managers and business owner's, whether they are individuals or business entities, accountable when serious injury occurs as a result of their negligence.

Even a very incomplete list gives an impression of the large number of significant opinions he has written: seminal administrative law cases such as Chevron v. NRDC and Massachusetts v. EPA, the intellectual property case Sony Corp v. Universal City Studios (which made clear that making individual videotapes of television programs did not constitute copyright infringement), important war on terror precedents such as Rasul v. Bush and Hamdan v. Rumsfeld, important criminal law cases such as Padilla v. Kentucky (holding that defense counsel must inform the defendant if a guilty plea carries a risk of deportation) and Atkins v. Virginia (which reversed precedent to hold it was unconstitutional to impose capital punishment on the mentally retarded), and of course Apprendi v. New Jersey (which revolutionized criminal sentencing by holding that the Sixth Amendment right to jury trial prohibited judges from enhancing criminal sentences beyond statutory maximums based on facts other than those decided by a jury beyond a reasonable doubt).

When a property owner chooses to ignore potential hazards on his or her premises, any individuals injured as a result of this irresponsible behavior should hold the owner accountable for this negligence in order to help discourage such carelessness in the future.

It is the property owner or the person or entity that is responsible for maintaining the property that may be held liable for the injuries sustained by an individual due to dangerous obstacles or other conditions that exist on the property.

When an individual suffers and injury due to inadequate security, the property owner may be held responsible for damages.

The RICO statutes (18 USC 1961 (3)-RRB- states that a person «includes any individual or entity capable of holding a legal or beneficial interest in property».

The plaintiffs do not seek to interrupt the progress of improvements, but they ask to stay revolution; a revolution against the foundations on which property rests; a revolution which is attempted on the allegation of monopoly: we resist the clamor against legislative acts which have vested rights in individuals, on principles of equal justice to the state, and to those who hold those rights under the provisions of the law.

Trustees are individuals appointed to hold property in trust for the benefit of any beneficiaries of that trust.

The CIO format is designed only for charities and aims to combine the best of both worlds — all the advantages of corporate status, including separate legal personality (so that a CIO is able to conduct business and hold property in its own name rather than under the names of the individual trustees), and limitation of liability for its trustees and members, while at the same time avoiding dual regulation under both company law and charity law.

The new legislation may affect SQP's desirability as investment vehicles, especially in private equity and property investment fund structures as the traditional advantages of SQPs — such as separate legal personality and tax transparency — will need to be weighed against the public disclosure of those individuals who hold a controlling interest, directly or indirectly, in the SQP.

Failure to maintain safe premises constitutes a breach of that duty, and an individual suffering an injury as a result of an unsafe condition may be able to hold the property owner legally liable.

In the event that an individual becomes injured from that unsafe condition, Premises Liability law states that the property owner may be held legally culpable for compensating the injured party for any damages he or she suffers.

Fiduciary An individual or entity holding the funds or property of another in a position of trust.

A trust is a legal document that is designed to hold property or assets of an individual (Grantor) or family and is managed by an individual or entity (Trustee) for the benefit of another individual or group of individuals (Beneficiary).

The ruling in the case of Mari and Kieran is that even when the property damage is caused not by the fault or negligence of an individual unit owner but simply due to defective plumbing or a malfunctioning appliance, that the condominium unit owner may still be held responsible for the damage.

In the event the insured individual is at - fault for the accident, property damage liability will pay up to $ 25,000 for damages to public property, personal property and the other vehicle involved when minimum coverage is held.

It includes the policy number and effective dates, what types of coverage you have, what the policy's limits are, and personal information about the individuals insured or holding liens against the property.

Allowing individuals to buy, sell, lease, and hold title to property and land on public blockchains that are un-hackable and un-alterable, even by nation states

So simple, in fact, that a property owner won't have to remind individuals holding the letter to evacuate before or on the set eviction date.

An incorporated association is also a legal entity separate from its individual members that can hold property, sue and be sued.

Neither party has an interest in real property or retirement benefits unless the retirement benefits are exclusively held in individual retirement accounts and the combined value of the accounts is less than $ 10,000;

This idea holds that communal property will tend to be neglected or degraded since no single owner has a vested interest in protecting or improving the property; while individual property will be improved because the owner has an economic interest in seeing its value improved.

Given the extent of individual property ownership opportunities that already exist on communally held land (outlined in Chapter 2), there may be scope to develop policy and practice and extend the home ownership programme to communal lands.

For individual investors, 2000 was clearly a good year, and 2001 promises to hold opportunity, too, says Paula Cobb, broker - owner of three Realty Executive offices in San Diego and an aggressive property investor.

The board says the Ambiance link allows Realtors to capture substantially more data about individual properties and can also hold up to nine photos of each property.

Certified Exchange Specialist ® accommodating Internal Revenue Code § 1031 tax deferred exchanges for individuals, trusts and businesses selling real property held for business or investment since 2003.

Since inception, the group's real estate holdings have grown to over $ 50 million, and it has bought and sold more than 4,000 properties on behalf of individuals and institutional investors, totaling over $ 750 million worth of transactions.

Individuals who have earned and hold a current Real Property Administrator (RPA) designation are eligible for exemption from the Rental Property Management Licensing course.

If the property is held for more than one year and a day, the gain is long term and taxed at a lower rate dependent upon the federal filing status as either an individual or married filing jointly and adjusted gross income.

Investor selling relinquished property held in the investors revocable trust and acquiring the replacement property as an individual.

Individual Retirement Account (IRA) funds are ideal for investing in private real estate because properties are typically an income generating asset that is held long - term.

1031 exchanges are routinely used by individuals, trusts, limited liability companies and corporations to defer short and long term federal and state capital gain and depreciation recapture taxes when selling and replacing real and personal property held for productive use of a business or for investment.

Cooperatives: A form of real estate ownership, usually residential property, in which individual owners hold shares of stock in a corporation.

Individuals licensed or certified to engage in the practice of real estate who do not elect to hold REALTOR ® or REALTOR - Associate ® membership in the Board may join in this category, provided they are engaged exclusively in a specialty of the real estate business other than brokerage of real property.

If I sell property that was held in my individual name, can I acquire my like - kind replacement property in my corporation?