Remainder Interest means ownership interest in property that will be inherited in full or jointly with other remainder interest holders at a life interest holder's death.
Remainder Interest means land, or an interest or right in land, that is not to be acquired for a project, but that is under the ownership or control of a person who owns or controls a parcel.
Remainder Interest means an interest under which a trust beneficiary will receive property held by a trust outright at some time during the future; relative to a remainder interest:
Examples of Remainder Interest in a sentence
Remainder interest in charitable trusts represents assets held in trust by others for which the College is irrevocably designated as remainder.
I.R.C. § 170(h)(2)(B) (Remainder interest); see also I.R.C. § 170(f)(3)(B)(i) (Remainder interest); Treas.
Thus, an interest is a qualified remainder inter- est only if the governing instrument does not permit payment of income in excess of the annuity or unitrust amount to the holder of the qualified annuity or unitrust interest.(2) Remainder interest.
Remainder interest holder(s) will not be required to execute the grant agreement or co-sign the application.
Remainder interest if there is more than one remainder holder, unless the remainder interest is owned by a married couple as tenancy by the entirety.
More Definitions of Remainder Interest
Remainder Interest means an interest under which
Remainder Interest means, with respect to a Purchased Loan and its related Transaction that is the subject of a Remainder Interest Transfer Notice, all right, title, interest and obligations that QRS Seller has under, in respect of and in connection with such Purchased Loan pursuant to the Transaction Documents and Purchased Loan Documents, including, without limitation, (i) all obligations to pay any amounts, including future advances of principal, under the Purchased Loan Documents, (ii) all obligations to repurchase such Purchased Loan under the Transaction Documents and to pay the Repurchase Price for such Purchased Loan on the Repurchase Date, (iii) all rights to declare the occurrence of an Early Repurchase Date and to repurchase such Purchased Loan under the Transaction Documents on such Early Repurchase Date pursuant to Section 3(d), (iv) all rights to receive income in respect of such Purchased Loan under Section 5, (v) all obligations to pay (A) Margin Deficit Amounts in respect of such Purchased Loan pursuant to Section 4, (B) Price Differential in respect of such Purchased Loan pursuant to Section 5, (C) Purchase Price Amortization Amount in respect of such Purchased Loan pursuant to Section 3(n), (D) Concentration Limit Amount in respect of such Purchased Loan pursuant to Section 3(o), and (E) all other amounts owing in respect of or in connection with such Purchased Loan, (vi) all rights to request Margin Excess with respect to such Purchased Loan pursuant to Section 4(b) and to request an advance of Future Funding Purchase Price with respect to such Purchased Loan pursuant to Section 3(c), and (vii) all (A) rights to payment, repayment, indemnification, reimbursement and defense accruing to the holder of a Purchased Loan pursuant to the Purchased Loan Documents, (B) security interests, including interests and rights of application with respect to any reserves held pursuant to the Purchased Loan Documents and (C) obligations accruing to the holder of a Purchased Loan (including but not limited to all obligations related to the return of reserve funds) accruing under the Purchased Loan Documents.
Remainder Interest means property which will be inherited in full at a life estate interest holder's death.
Remainder Interest means the rights under the Trust Agreements to own the Regixx Xxxorts after August 18, 2027.
Remainder Interest. An estate that will take effect after the termination of a prior interest, such as after a life estate. Restriction: A limitation on the use of real property. Property restrictions fall into two categories- public and private. Zoning ordinances are examples of public type. Land trusts use private restrictions in the form of a covenant that specifies permitted and restricted uses. Restrictive Covenants: Limiting future use of the property through recorded conditions or restrictions. Right-of-First-Refusal: A recorded agreement that requires landowners, if they receive an offer to buy their land, to allow another entity, such as Green Acres, to match the offered price.
Remainder Interest means property which that will be inherited in full at a life estate interest
Remainder Interest means an interest for which a trust beneficiary will receive the property outright in the future;