Sentence examples for of like kind from inspiring English sources

Third, the replacement property must be of "like kind". As a general rule, all real estate is considered "like kind" with all other real estate.

But in California and most other states, she said, the generic parts must be of "like kind and quality" to those that are being replaced.

Replacement-cost coverage, he said, is what it would cost to repair or replace the insured property with materials of like kind and quality.

In their introduction, the publishers noted the portraits are "probably unequalled by anything of like kind either in this country or on the continent". Not many of the atlas' 4,000 copies survive in full.

Depreciation means the loss of value in a capital improvement as evidenced by the condition and prospective serviceability of the capital improvement in comparison with a new unit of like kind.

"To my mind, the door remains open to the possibility of other charges of like kind being brought against one or more of the officers, and as I said earlier, that decision has not yet been made," Mr. Vinegrad said.

Lawmakers in Washington, meanwhile, are receiving phone calls and letters from the growing corps of like-kind exchange advisers in opposition to eliminating the exchanges.

Unfortunately, there's more misinformation than truth going around on the topic of like-kind exchanges.

Most exchanges must merely be of "like-kind --an enigmatic phrase that doesn't mean what you think it means.

Some swaps (of like-kind business and investment property) are tax-free (so-called 1031 exchanges), but that probably won't help here.

Some swaps (of like-kind business and investment property) are tax-free (called Section 1031 exchanges), but that probably won't help here.