sale of personal property

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• personal property — see property Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. personal property …   Law dictionary

• Loss on sale of residential property — Section 165(c) of the United States Tax Code limits losses that taxpayers can deduct into three categories: business or trade losses, investment losses, and losses incurred from casualty or theft. A loss incurred by a taxpayer from the sale of… …   Wikipedia

• sale in parcels — An execution sale of personal property consisting of various articles m which each article is offered and sold separately. 30 Am J2d Exec § 343. An execution or judicial sale of real property consisting of separate tracts, or susceptible of… …   Ballentine's law dictionary

• sale on approval — A sale of personal property, sometimes called a sale on trial, which is subject to a condition precedent, namely the approval of the buyer, the latter having the right to reject the property as not suitable to his needs upon timely notice given… …   Ballentine's law dictionary

• property — prop·er·ty n pl ties [Anglo French propreté proprieté, from Latin proprietat proprietas, from proprius own, particular] 1: something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest …   Law dictionary

• Property law — is the area of law that governs the various forms of ownership in real property (land as distinct from personal or movable possessions) and in personal property, within the common law legal system. In the civil law system, there is a division… …   Wikipedia

• SALE — (Heb. מְכִירָה, mekhirah). Sale may be defined as the permanent transfer for consideration of existing legal rights from one person to another. The consideration may be in money or in kind. By extension the term sale is also used to denote a… …   Encyclopedia of Judaism

• Property — is any physical or virtual entity that is owned by an individual. An owner of property has the right to consume, sell, mortgage, transfer and exchange his or her property.cite web|url=http://www.businessdictionary.com/definition/property.html|titl… …   Wikipedia

• property — prop‧er‧ty [ˈprɒpəti ǁ ˈprɑːpər ] noun properties PLURALFORM 1. [uncountable] LAW all the things that someone owns: • Some of the stolen property was found in Mason s house. • The President supports a tax cut on profits from sales of property… …   Financial and business terms

• property tax — n: a tax levied on real or personal property (as by a municipality) compare excise, income tax Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

• sale en masse — Sale of several things in one lot for one sum. A judicial sale of real estate where the property is sold without division and sale by parcels. 30A Am J Rev ed Jud S § 85. An execution sale of several distinct parcels of real estate, or several… …   Ballentine's law dictionary