Connecticut conveyance taxes trial#

month: means a calendar month, and the word 'year' means a calendar year, unless otherwise expressed.Lien: A claim against real or personal property in satisfaction of a debt.(2) The geographic area over which the court has authority to decide cases. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case.

Jurisdiction: (1) The legal authority of a court to hear and decide a case.

Grantor: The person who establishes a trust and places property into it.

Fraud: Intentional deception resulting in injury to another.

Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default.

farm: includes farm buildings, and accessory buildings thereto, nurseries, orchards, ranges, greenhouses, hoophouses and other temporary structures or other structures used primarily for the raising and, as an incident to ordinary farming operations, the sale of agricultural or horticultural commodities.

Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.

Deed: The legal instrument used to transfer title in real property from one person to another.

Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

company: means any person, partnership, association, company, limited liability company or corporation, except an incorporated municipality.

To make such a request is 'to appeal' or 'to take an appeal.' One who appeals is called the appellant.

Connecticut conveyance taxes trial#

Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly.Terms Used In Connecticut General Statutes > Chapter 223 - Real Estate Conveyance Tax