: a location that is certainly or is held for being the positioning of some thing (as property or against the law or tort) Which frequently establishes jurisdiction over it the situs of the conspiracy: the area exactly where a little something exists or originates particularly : the area the place a thing (like a ideal) is held to become situated i
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It could be vital to ascertain the situs of the object, and also the lex situs, due to the fact you will discover substantial distinctions among the regulations in different jurisdictions governing, as an example: no matter whether property continues to be transferred properly; what taxes use (for instance inheritance tax, estate tax, prosperity ta
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