These illustrations are programmatically compiled from different on line sources For instance recent usage on the term 'situs.' Any viewpoints expressed in the examples will not represent These of Merriam-Webster or its editors. Ship us opinions about these examples.
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: the put where some thing exists or originates particularly : the spot the place anything (like a proper) is held for being located in regulation
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Having said that, for intangible objects like a patent the situs Commonly is the place the property is registered. The situs of residence adjustments where by a lawsuit might be introduced regarding the residence and often adds difficulties to resolving home disputes.
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CRE Values Stabilize in 3Q 2024 As Trader Sentiment Improves Adhering to two years modifying to sharply better interest prices, the business housing (CRE) marketplace appears to get stabilizing, with sector participants viewing reduction about the horizon as fascination fees have began to decline.
As an example, the situs of against the law may be the position exactly where it had been fully commited; the situs of the have confidence in is The situation in which the trustee performs his / her duties of controlling the trust.
Technically, In case the assets is on the identical plot of land or if its a house with a guest property on it, it should really share the identical tackle.
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“The storage is everything you at any time preferred, but, In the long term, the situs could possibly be somewhat highly-priced for the price range”.