CFR > Title 48 > Chapter 1 > Subchapter E > Part 31 > Subpart 31.1 – Applicability
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Terms Used In CFR > Title 48 > Chapter 1 > Subchapter E > Part 31 > Subpart 31.1 - Applicability
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.