Business / Real Estate / Stigmatized Property: A property that has acquired an undesirable reputation due to an event that occurred on or near it, such as violent crime, gang-related activity, illness or personal tragedy. Because of the potential liability to a licensee for inadequately researching and disclosing material facts concerning a propertys condition, licensees should seek competent counsel when dealing with a stigmatized property. Some states restrict the disclosure of information about stigmatized properties. In other states, the licensees responsibility may be difficult to define because the issue is not a physical defect, but merely a perception that a property is undesirable.
Property Noun Synonyms: characteristic, attribute, quality, feature, trait, mark, hallmark, idiosyncrasy, peculiarity, oddity, quirk, haecceity, quiddity
Property Adverb Synonyms: possessions, belongings, effects, gear, paraphernalia, chattels
Business / Real Estate / Property Taxes: Assessment made by county or city assessors office for real property taxes. Payment dates may vary according to state regulation. MORE
Business / Debt / Property Tax: Local tax assessed on property owned, such as real estate or automobiles. MORE
Business / Finance / Property, Plant And Equipment (PP and E): Assets used in the operations of a business that have a useful life greater than one year, including land, buildings, machinery, equipment, and furniture. Also known as fixed assets. See also deprecia MORE