The best Side of property

The best Side of property

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widespread property community property mental property particular property property problems property injury insurance policy property proper property tax general public property

Assess tenancy in frequent at tenancy — community property : property held jointly by partner and wife particularly : property especially from work acquired by possibly wife or husband immediately after relationship which is considered in states possessing a Local community property method to belong to the two spouses as undivided one-50 percent interests

of your corporation : property belonging to a certain person — experienced terminable curiosity property : property passing to your surviving spouse that qualifies for that marital deduction Should the executor so elects offering which the partner is entitled to acquire earnings in payments made at the least annually for all times Which no person has an influence to appoint any Section of the property to any person aside from the surviving spouse

see also antenuptial arrangement Observe: In the majority of states, on divorce marital property is split Based on exactly what the courtroom determines is equitable. — movable property : property (as private property or crops) that could be moved — personal property : property (as a vehicle) that is movable but not including crops or other assets even now hooked up to land : property in addition to real property a tax on the non-public property

— real property : property consisting of land, buildings, crops, or other sources nevertheless connected to or throughout the land or improvements or fixtures permanently attached towards the land or even a framework on What's more, it : an desire, profit, right, or privilege in this kind of property

referred to as also immovable property — independent property : property of the partner that isn't community property or marital property In particular : property acquired by a partner ahead of relationship or separately during relationship (as by reward or generally by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic worth as a result of it the insurance policies coverage limited property problems protection to tangible property

These examples are programmatically compiled from numerous on line sources As an example recent use of your word 'property.' Any opinions expressed within the examples usually do not symbolize People of Merriam-Webster or its editors. Send out us feed-back about these illustrations.

— marital property : property acquired by either partner through the training course of the marriage that is certainly issue to division on divorce

see also asset, estate, desire perception one, possession perception 1e — deserted property : property to which the proprietor has relinquished all rights Be aware: When property is abandoned, the proprietor provides up the sensible expectation of privacy concerning it. The finder of deserted property is entitled to keep it, as well as a police officer may choose possession of abandoned property as evidence without having violating the ensure in opposition to unreasonable queries and seizures inside the Fourth Amendment towards the U.S. Constitution. — after-acquired property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy scenario and that is generally considered part of the bankruptcy estate : property obtained once the perfection of a lien or security desire more info In particular : these kinds of property acquired following the creation of the lien or security curiosity which is matter to your lien or will become collateral for the safety desire : property transferred into the estate of a decedent soon after execution in the will — popular property : property owned or employed by more than one party specifically : property owned or leased by tenants in prevalent

possession in indivision at ownership Take note: The states obtaining Neighborhood property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry especially, in the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (for a stock certification or Specialist license) that derives worth not from its intrinsic Actual physical character but from what it signifies — intellectual property

of not conducting heat character relates to a peculiar and unique quality of the factor or a category.

a : a top quality or trait belonging and especially peculiar to someone or factor b : an influence that an object has on A different object or to the senses c : virtue perception 2 d : an attribute popular to all associates of a category

a : some thing owned or possessed precisely : a piece of real estate b : the exclusive appropriate to possess, delight in, and dispose of a matter : ownership c : a little something to which someone or business incorporates a legal title d : one particular (such as a performer) that is under agreement and whose work is particularly valuable e : a e-book or script procured for publication or creation

property indicates a characteristic that belongs to your thing's crucial mother nature and may be utilised to describe a kind or species.

see also QTIP belief at have confidence in Observe: Below federal tax regulation the property should be A part of the gross estate of your surviving partner at her or his own Loss of life, where by it's subject matter to taxation.