Passive __________ is an increase in the value of property that is due to inflation or market forces rather than to the active efforts of the owner.

Fill in the blank(s) with the appropriate word(s).


appreciation

Legal Studies & Paralegal

You might also like to view...

Courtroom 2000 is located in the Supreme Court of Virginia

a. True b. False

Legal Studies & Paralegal

A motion must be accompanied by a notice of motion.

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal

Contracts for the sale of real estate must be in writing as required by

A. the Uniform Commercial Code. B. the Statute of Frauds. C. common law. D. the Constitution.

Legal Studies & Paralegal

A(n) ________ occurs when the debtor transfers assets to a third party to prevent creditors from satisfying their claims after the debtor files for bankruptcy

Fill in the blank(s) with correct word

Legal Studies & Paralegal