- qualified owner
- The owner of a qualified interest in a thing. See qualified interest.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Ballentine's law dictionary. Anderson, W.S.. 1998.
qualified personal residence trust — (QPRT) A trust designed to save on estate tax by moving a residence (or vacation home, if certain conditions in the tax code are met) out of the owners taxable estate. The owner transfers ownership of the property to the trust but keeps the right … Law dictionary
owner — The person in whom is vested the ownership, dominion, or title of property; proprietor. He who has dominion of a thing, real or personal, corporeal or incorporeal, which he has a right to enjoy and do with as he pleases, even to spoil or destroy… … Black's law dictionary
Qualified Distribution — Distributions made from a Roth IRA that are tax and penalty free. In order to be a qualified distribution, the following two requirements must be met: 1) It must occur at least five years after the Roth IRA owner established and funded his/her… … Investment dictionary
Qualified Electric Vehicle — An electric vehicle that qualifies the owner to claim a nonrefundable tax credit. A qualified electric vehicle must have at least four wheels and be designed for public use. It must also be powered primarily by an electric motor drawing its… … Investment dictionary
Qualified Acquisition Cost — These are items, in the context of IRA withdrawls, that constitute penalty free withdrawls for an IRA owner who uses the assets to purchase a first home. These include the following items: Costs of buying, building, or rebuilding a home. Any… … Investment dictionary
Mike Brown (football team owner) — Infobox NFL PlayerCoach Name=Mike Brown |ImageWidth= Color=#FF4F00 DateOfBirth= Birthplace= DateOfDeath= College=Dartmouth 57 Position=Owner, General Manager, and President Awards= Honors= Records= Record=97 Wins 180 Losses (.350) coach=no… … Wikipedia
Non-Qualified Distribution — 1) A distribution from a Roth IRA that occurs before the Roth IRA owner meets certain requirements (see definition for qualified distributions). 2) A distribution from an education savings account that exceeds the amount used for qualified… … Investment dictionary
IRS Publication 560: Retirement Plans for Small Business (SEP, SIMPLE and Qualified Plans) — A document published by the Internal Revenue Service (IRS) that provides information for business owners who wish to set up retirement plans for themselves and their employees. It outlines what type of plan to set up, how to set it up, how much… … Investment dictionary
For Sale By Owner - FSBO — A method of selling property without the use of an agent or broker. Generally, the reason that the seller does not use the services of an agent or broker is because they want to avoid paying a hefty commission for the transaction. The most common … Investment dictionary
limited owner — An owner whose interest in the property is not absolute, but qualified. Griffith v Charlotte, Columbia & Augusta Railroad Co. 23 SC 25. See limited estate … Ballentine's law dictionary