estate in partnership

A joint estate that is vested in the members of a partnership when real estate is purchased with partnership funds and for partnership purposes. [Cases: Partnership 76. C.J.S. Partnership §§ 86–87.]

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词条贡献者

译员圣强，国际仲裁与争端解决专业，专注翻译各种与跨境争议有关的法律文件。