TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
A delayed tax that allows you to apply the profit you make selling your old house to pay for the new one without paying capital gains taxes on the profit. In order to rollover the profits, the new house must be more expensive than the old and the two sales must occur within two years of each other. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
Small boroughs in England, which prior to the reform act, 1832, returned one or more members to parliament. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
Lat. Pilgrims that traveled to Rome on foot … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
A clause sometimes Inserted in policies of marine insurance, to the effect that "if, on a regular survey, the ship shall be declared unseaworthy by reason of being rotten or unsound," the insurers shall be discharged. 1 Phil. Ins. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
The statute 23 A 24 Vict c. 184, providing a method for enjoying estates given open trust for Roman Catholics, but invalidated by reason of certain of the trusts being superstitious or otherwise Illegal. 3 Steph. Comm. 76. … [Read more...]