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situs

 
Dictionary: si·tus   ('təs) pronunciation

n., pl., situs.
Position, especially normal or original position, as of a body organ or part.

[Latin.]


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The economic attributes of location, including the relationship between the property and surrounding properties, as well as distant points of interest and the linkages to those points. Situs is considered to be the aspect of location that contributes to the market value of a real property.
Example: The situs of a commercial property includes surrounding commercial establishments, the location of suppliers' warehouses, competing establishments, and the homes of employees and customers.

Law Encyclopedia: Situs
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This entry contains information applicable to United States law only.

[Latin, Situation; location.] The place where a particular event occurs.

For example, the situs of a crime is the place where it was committed; the situs of a trust is the location where the trustee performs his or her duties of managing the trust.

Medical Dictionary: si·tus
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('təs)
n., pl. situs.

Position, especially normal or original position, as of a body organ or part.

Pl. situs [L.] site or position.

  • s. inversus — total or partial transposition of the body organs to the side opposite the normal.
  • s. solitus — normal position of the thoracic and abdominal organs.
 
 

 

Copyrights:

Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.  Read more
Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more
Law Encyclopedia. West's Encyclopedia of American Law. Copyright © 1998 by The Gale Group, Inc. All rights reserved.  Read more
Medical Dictionary. The American Heritage® Stedman's Medical Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Company Read more
Veterinary Dictionary. Saunders Comprehensive Veterinary Dictionary 3rd Edition. Copyright © 2007 by D.C. Blood, V.P. Studdert and C.C. Gay, Elsevier. All rights reserved.  Read more