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SITUS Definition Meaning - Merriam-Webster The meaning of SITUS is the place where something exists or originates; specifically : the place where something (such as a right) is held to be located in law How to use situs in a sentence
Situs (law) - Wikipedia In law, the situs (Latin for 'position'; pronounced ˈsaɪtəs in English) of property is where the property is treated as being located for legal purposes
Definition Of Situs In Real Estate “What is Situs?”, you ask Situs is a word in Latin that basically means the site or location where something exists or originates Like most words in latin, situs is usually used for legal purposes In the Real Estate Industry, you will hardly hear the word
situs | Wex | US Law | LII Legal Information Institute Situs means the location of property or an item for legal purposes Where the situs of something is depends on the type of item and can have important legal consequences For most physical items the situs is the place where the object is located presently such as a house or a purse
situs - Wiktionary, the free dictionary situs (plural situses or situs) (anatomy, botany) The position, especially the usual, normal position, of a body part or part of a plant (botany) The method in which the parts of a plant are arranged (law) The location of a property as used for taxation or other legal purposes
What Is Situs in Real Estate? Its Impact on Law and Value Situs, a Latin term for “position” or “site,” refers to the location of property for legal and economic purposes It is distinct from the term “site,” which describes the physical land and its boundaries
Understanding Situs: The Real Estate Location Factor Situs: The physical location or position of a property, including its surrounding environment and geographic setting The situs of real estate directly influences its value based on factors like accessibility, neighborhood characteristics, and nearby amenities