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 …

Investment advisory, … In law, the situs (latin for 'position'; Pronounced / ëˆsaéªté™s / in english) of property is where the property is treated as being located for legal purposes. The situs of a property is typically determined by its physical location. Local governments and legal systems recognize this location for purposes like taxation and zoning. Situs is a word in latin that basically means the site or location where something exists or originates. Like most words in latin, situs is usually used for legal purposes.

Local governments and legal systems recognize this location for purposes like taxation and zoning. Situs is a word in latin that basically means the site or location where something exists or originates. Like most words in latin, situs is usually used for legal purposes.