incidental property
incidental property
Under Title 11 U.S.C. Section 101:
(27B) The term "incidental property" means, with respect to a debtor's principal residence—
(A) property commonly conveyed with a principal residence in the area where the real property is located;
(B) all easements, rights, appurtenances, fixtures, rents, royalties, mineral rights, oil or gas rights or profits, water rights, escrow funds, or insurance proceeds; and
(C) all replacements or additions.

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

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