Not known Details About property

frequent property Group property intellectual property personal property property destruction property hurt insurance policy property right property tax community property

Examine tenancy in popular at tenancy — Neighborhood property : property held jointly by husband and spouse particularly : property Primarily from employment obtained by either wife or husband right after relationship that is certainly deemed in states using a community property technique to belong to each spouses as undivided just one-half pursuits

from the Company : property belonging to a particular man or woman — certified terminable desire property : property passing to some surviving husband or wife that qualifies for your marital deduction If your executor so elects supplying which the spouse is entitled to get income in payments manufactured a minimum of per year for life and that not a soul has a power to appoint any Element of the property to any person aside from the surviving wife or husband

see also antenuptial arrangement Take note: In many states, on divorce marital property is divided In line with just what the court establishes is equitable. — movable property : property (as personal property or crops) which can be moved — personal property : property (like a auto) that's movable although not including crops or other assets however attached to land : property aside from real property a tax on the non-public property

— real property : property consisting of land, buildings, crops, or other means nevertheless hooked up to or within the land or enhancements or fixtures forever attached for the land or maybe a structure on Furthermore, it : an desire, benefit, appropriate, or privilege in such property

referred to as also immovable property — individual property : property of the partner that isn't Group property or marital property Particularly : property acquired by a husband or wife before marriage or independently all through marriage (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value on account of it the coverage policy restricted property problems protection to tangible property

These examples are programmatically compiled from different on the web resources to illustrate existing utilization with the word 'property.' Any thoughts expressed within the illustrations don't symbolize All those of Merriam-Webster or its editors. Mail us suggestions about these examples.

— marital property : property obtained by possibly spouse throughout the training course of the relationship that is topic to division upon divorce

see also asset, estate, fascination feeling 1, possession feeling 1e — deserted property : property to which the operator has relinquished all rights Be aware: When property is abandoned, the proprietor offers up the fair expectation of privacy concerning it. The finder of abandoned property is entitled to help keep it, plus a law enforcement officer may perhaps consider possession of abandoned property as evidence with no violating the assurance against unreasonable searches and seizures within the Fourth Modification for the U.S. get more info Structure. — just after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy situation and that is normally viewed as Element of the individual bankruptcy estate : property acquired after the perfection of a lien or safety curiosity Specially : these kinds of property obtained once the generation of the lien or stability interest that's topic for the lien or turns into collateral for the security fascination : property transferred on the estate of the decedent immediately after execution with the will — prevalent property : property owned or employed by multiple party precisely : property owned or leased by tenants in widespread

ownership in indivision at possession Notice: The states having Group property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specifically, within the civil law of Louisiana : tracts of land with their component components — intangible property : property (as being a stock certificate or Expert license) that derives value not from its intrinsic Bodily mother nature but from what it signifies — mental property

of not conducting warmth character relates to a peculiar and exclusive excellent of the issue or a category.

a : a top quality or trait belonging and particularly peculiar to a person or point b : an impact that an object has on An additional object or around the senses c : virtue sense two d : an attribute popular to all users of a category

a : anything owned or possessed exclusively : a bit of real estate b : the distinctive proper to possess, enjoy, and dispose of a detail : possession c : a thing to which somebody or organization incorporates a authorized title d : 1 (such as a performer) who is less than deal and whose get the job done is particularly useful e : a guide or script bought for publication or production

property indicates a attribute that belongs into a point's important nature and could be made use of to explain a kind or species.

see also QTIP have confidence in at believe in Note: Less than federal tax regulation the property have to be included in the gross estate from the surviving wife or husband at his / her possess Loss of life, exactly where it is issue to taxation.

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