The rules for analyzing situs change among jurisdictions and can depend on the context. The English popular law rules, which use in most typical law jurisdictions, are in define as follows:
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the situs of a ship inside of territorial waters is the place it is found, although the situs of a ship in Worldwide waters is its port of registry.
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Now, if A different industrial real estate agent ended up to say “this Lexus dealership gained’t do effectively since this isn’t a rich situs”, he will be just trying to showcase. And failing to take action. In any case, he didn’t necessarily mean the dealership wouldn’t do properly because of tax or any authorized trouble, proper?
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Technically, If your assets is on exactly the same plot of land or if its a home using a visitor dwelling on it, it need to share the exact same tackle.
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