Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Nonresidence
n. 1. Eccles. law. The absence of a spiritual person from the rectory (benefice). This was normally an offense punishable by sequestering the benefice and forfeiting part of its income. 2. The status of living outside the limits of a particular place.
Residence
1. The act or fact of living in a given place for some time <a year's residence in New Jersey>. 2. The place where one actually lives, as distinguished from a domicile < she made her residence in Oregon>. ( Residence usu. just means bodily presence as an inhabitant in a given place; domicile usu. requires bodily presence plus an intention to make the place one's home. A person thus may have more than one residence at a time but only one domicile. Sometimes, though, the two terms are used synonymously. Cf. DOMICILE. 3. The place where a corporation or other enterprise does business or is registered to do business <Pantheon Inc.'s principal residence is in Delaware. 4. A house or other fixed abode; a dwelling <a three-story residence>.
legal residence
See DOMICILE (2).
quali fled residence interest
Tax. Interest paid on debt that is secured by one's home and that was incurred to purchase, build, improve, or refinance the home. ( This type of interest is deductible from adjusted gross income.
qualified residence interest.
See INTEREST (3)