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  2. But it was particularly shocking when SUCCESS Real Estate in Massachusetts suddenly closed its doors in mid-December. The firm had a 32-year history and had sold billions in real estate over the ...

  3. Harvard College v. Amory - Wikipedia

    en.wikipedia.org/wiki/Harvard_College_v._Amory

    Harvard College v. Amory 26 Mass (9 Pick) 446 (1830) [1] is a US trusts law case, which repeated the famous formulation of the "prudent man rule", that people in charge of other people's money must exercise due care and skill, and look after the money as if it were their own.

  4. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    The reasonably probable and legal use of vacant land or an improved property that is physically possible, appropriately supported, financially feasible, and that results in the highest value. The four criteria the highest and best use must meet are legal permissibility, physical possibility, financial feasibility, and maximum productivity.

  5. Lapse and anti-lapse - Wikipedia

    en.wikipedia.org/wiki/Lapse_and_anti-lapse

    The modern view is that where a beneficiary was intended to inherit part of the residuary estate who predeceases the testator, and that beneficiary is not covered by the anti-lapse statute, then that beneficiary's inheritance will return to the residuary estate, to be inherited by the other beneficiaries to whom the residue has been willed.

  6. Tom Brady lists Massachusetts estate for $39.5M days after ...

    www.aol.com/article/finance/2019/08/06/tom-brady...

    Tom Brady and Gisele Bundchen are seeing what they can get for a sprawling estate they had built in 2015. Tom Brady, Gisele Bundchen list Mass. house for $39.5M [Video] Skip to main content

  7. Quitclaim - Wikipedia

    en.wikipedia.org/wiki/Quitclaim

    Usage varies by state, and in Massachusetts quitclaim deeds include statutory warranties (similar to “special warranty deeds” in other states) and are the norm rather than the exception. [12] Execution of a quitclaim deed is relatively simple, and may require little more than the signature of the parties.

  8. 1980 Massachusetts Proposition 2½ - Wikipedia

    en.wikipedia.org/wiki/1980_Massachusetts...

    Proposition 2½ (Mass. Gen. L. c. 59, § 21C) is a Massachusetts statute that limits property tax assessments and, secondarily, automobile excise tax levies by Massachusetts municipalities. The name of the initiative refers to the 2.5% ceiling on total property taxes annually as well as the 2.5% limit on property tax increases.

  9. Asset recovery - Wikipedia

    en.wikipedia.org/wiki/Asset_recovery

    Disposition of surplus or idle assets is the process of either selling, scrapping, recycling, donating, or disposing an asset. The process involves removing the asset from an organization's books. When this is done effectively, the organization obtains capital that can be placed back into the business.