REAL-ESTATE INVESTMENT TRUST

real-estate investment trust.A company that invests in and manages a portfolio of real estate, with the majority of the trust’s income distributed to its shareholders. • Such a trust may qualify for special income-tax treatment if it distributes 95% of its income to its shareholders. — Abbr. REIT. See investment company under COMPANY. Cf. REAL-ESTATE…

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REAL COVENANT

  real covenant.See covenant running with the land under COVENANT(4). [Blacks Law 8th]

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