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location the place where a thing is considered for example with reference to jurisdiction over it or the right or power to tax it In other words an NRNC is not subject to estate taxes by the United States Government unless the asset is considered a US asset Lets review what US situs is and how a treaty may help reduce or minimize the estate tax implications by reviewing Chapter 4 of the Internal Revenue Manual SitusAMC Careers Join the leader in real estate finance Situs means the location of property or an item for legal purposes Where the situs of something is depends on the type of item and can have important legal consequences For most physical items the situs is the place where the object is located presently such as a house or a purse Definition of situs Depicts the location where a crime occurred an accident took place or a structure stands How to use situs in a sentence They scouted the situs to gather evidence for the investigation SITUS Definition Meaning Black39s Law Dictionary SITUS definition in American English Collins English Dictionary The meaning of SITUS is the place where something exists or originates specifically the place where something such as a right is held to be located in law How to use situs in a sentence situs Wex US Law LII Legal Information Institute situs Position or location esp the usual or right position of an organ or part of the body Click for English pronunciations examples sentences video Global Locations SitusAMC situs Position or location esp the usual or right position of an organ or part of the body Click for pronunciations examples sentences video SitusAMC provides independent defensible MSR valuations analytics and hedging services Learn more about our solutions today Insights into real estate talent trends the state of the labor market and lirik lagu akad payung teduh cover innovative outsourcing models An inside look into the people culture and perspectives at SitusAMC Deep dives into the trends and topics 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