intermediate interest — An interest in real estate so limited as to be between a life estate and an ultimate interest by way of remainder. McCreary v Coggeshall, 74 SC 42, 53 SE 978. See intermediate estate … Ballentine's law dictionary
Intermediate sanctions — is a term used in regulations enacted by the United States Internal Revenue Service that is applied to non profit organizations who engage in transactions that inure to the benefit of a disqualified person within the organization. These… … Wikipedia
intermediate accounting — An accounting by a fiduciary at intervals between the filing of the inventory of the estate and the final accounting. 54 Am J1st Trusts § 511 … Ballentine's law dictionary
Real estate appraisal — Real estate appraisal, property valuation or land valuation is the practice of developing an opinion of the value of real property, usually its Market Value. The need for appraisals arises from the heterogeneous nature of property as an… … Wikipedia
vested future estate — An estate which exists when there is a person in being who would have an immediate right to the possession of the lands upon the ceasing of the intermediate or precedent estate. Palmer v Dunham, 52 Hun 468, 471, 6 NYS 46. See vested remainder … Ballentine's law dictionary
gift — A voluntary transfer of property to another made gratuitously and without consideration. Bradley v. Bradley, Tex.Civ.App., 540 S.W.2d 504, 511. Essential requisites of gift are capacity of donor, intention of donor to make gift, completed… … Black's law dictionary
gift — A voluntary transfer of property to another made gratuitously and without consideration. Bradley v. Bradley, Tex.Civ.App., 540 S.W.2d 504, 511. Essential requisites of gift are capacity of donor, intention of donor to make gift, completed… … Black's law dictionary
use — I Noun: A beneficial ownership recognized in equity. A trust. The right granted by a patent for an invention. 40 Am J1st Pat § 140. The employment or enjoyment of property. Utility; advantage. The long continued possession and employment of a… … Ballentine's law dictionary
gift over — see gift Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. gift over n. A gift that occur … Law dictionary
merger — The fusion or absorption of one thing or right into another; generally spoken of a case where one of the subjects is of less dignity or importance than the other. Here the less important ceases to have an independent existence. Contract law. The… … Black's law dictionary