/ˈsaɪtəs/ – Noun
Definition: 1. địa điểm, vị trí;
2. tình trạng;
3. địa điểm đăng ký (nợ, chứng từ).
A more thorough explanation: In legal terms, “situs” refers to the physical location or place where property is considered to be located for legal purposes, such as for taxation or jurisdictional matters.
Example: The situs of the property is located in the state of California.