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Property Taxes
Taxes assessed on real estate by a local government, based on the property's value.
Federal Income Tax
A tax levied by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
Trade Fixtures
Articles of personal property that have been annexed to real property leased by a tenant during the term of the lease and that are necessary to the carrying on of a trade.
Substantial Damage
Significant physical harm or damage to a property or structure, often affecting its value, usability, or function.
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