An estate or right in property which will end if an event does or does not occur. … [Read more...] about FEE SIMPLE DEFEASIBLE
F
FELIX QUI POTUIT RERUM COGNOSCERE CAUSAS
Latin, meaning Happy is he who has been able to understand the causes of things. … [Read more...] about FELIX QUI POTUIT RERUM COGNOSCERE CAUSAS
FEE SPLITTING
Professional fees that are split (usually between attorneys) where the referring and performing person split the fees charged for performance. … [Read more...] about FEE SPLITTING
FEE TAIL
Old real estate term that was a requirement that land could only be passed on to members of the family, which would keep the land within family ownership for an indefinite period of time. … [Read more...] about FEE TAIL
FEDERAL TAX DEPOSITS
The amount an employer is required to deposit for payroll tax withholdings which includes Social Security contributions and Medicare. These deposits are made twice monthly or monthly. … [Read more...] about FEDERAL TAX DEPOSITS