CFR > Title 29 > Subtitle B > Chapter V > Subchapter B > Part 779 > Subpart D > Hotels and Motels
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§ 779.382 | May qualify as exempt 13(a)(2) establishments |
§ 779.383 | “Hotel” and “motel” exemptions under section 13(b)(8) |
Terms Used In CFR > Title 29 > Subtitle B > Chapter V > Subchapter B > Part 779 > Subpart D > Hotels and Motels
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Oral argument: An opportunity for lawyers to summarize their position before the court and also to answer the judges' questions.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.