a term for a part interest or ownership of property or the property that a mortgagee possesses on a piece of real estate such a s a house, etc.

This is a tax that is based on the value of the property owned. It is usually based on the day’s value and not the purchase value of a property.

This is a complete listing of all of the property ans equipment owned by a company. It includes things such as buildings, machinery, capital leases, vehicles and all equipment with […]

Lat. The nearest of kin to a deceased person. Propinquior excludit propinquum; propinquus rcmotmu; ct remotus remo- tiorem. Co. Litt. 10. He who is nearer excludes him who is near; […]

Kindred; parentage.

PK0P:02 SO- BRINA. Lat. In the civil law . The son or daughter of a great-uncle or great-aunt, paternal or maternal. Inst. 3, 0, 3.

that they cannot be transferred from him. or i-case to be his, without liis own act or default. 2 1,1. Comm. 389. In the law of wills, a bequest or […]

In Spanish law. Certain portions of ground laid off and reserved when a town was founded in Spanish America as the unalienable property of the town, for the purpose of […]

In Scotch law. To state. To propone a defense is to state or move it 1 Karnes, Eq. pref. In ecclesiastical and probate law. To bring forward for adjudication ; […]

The propounder of a thing. Thus, the proponent of a will is the party who offers it for probate, (q. v.)

The part of a property or company that is owned by an individual . The proportion owned is a ratio of the whole. For example an employee may have a […]

When an insurer must take their share of the losses based on a fixed or variable percentage or monetary value . Refer to excess of loss agreement.

a way of voting that is not according to a strict majority of all voters but by groups of voters.

The voting scheme which ensures that each party or group is represented in the same proportion that they appear to be in the whole population.

This is a tax scheme that sees evry individual pay the same rate of tax regardless of their earnings. It is also known as a flat tax. For example each […]

In old records. Purport ; intention or meaning. Cowell.

An offer; something proffered. An offer, by one person to another, of terms and conditions with reference to some work or undertaking , or for the transfer of property, the […]

The evaluation of all proposals that have been submitted for a particular purpose. All of them will be considered and one that will provide the best economics will be chosen […]

This is the criteria that is used to evaluate a proposal and can include past performance , reliability , capabilities of the proposer and over all costs of the endeavour. […]

The act of making a suggestion, declaration , proposition or plan to another party. For example, someone might suggest a different plan be carried out in order to maintain customer […]

A single logical sentence; also an offer to do a thing. See Perry v. Dwelling House Ins. Co., 07 N. II. 291, 33 Atl. 731. OS Am. St. Rep. OGS; […]

A constitutional ammendment that was approved in 1978 in California That started a revolt against the government. It set taxes at previous years prices and limited tax values.

Z Lat. The person proposed : the person from whom a descent Is traced.

An executor or other person is said to propound a will or other testa- mentary paper when he takes proceedings for obtaining probate in solemn form. The term is also […]

In French law . The term “propres” or “Mens propres” (as distinguished from “acquets”) denotes all property inherited by a person, whether by devise or ah intcstato. from his direct […]