The Greatest Guide To property

The Greatest Guide To property

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widespread property Group property mental property individual property property destruction property hurt insurance policy property right property tax community property

Evaluate tenancy in prevalent at tenancy — Neighborhood property : property held jointly by partner and wife specifically : property Specially from employment acquired by possibly partner after relationship that's considered in states possessing a Local community property method to belong to both of those spouses as undivided a single-50 % passions

of your corporation : property belonging to a selected particular person — capable terminable curiosity property : property passing to the surviving partner that qualifies with the marital deduction In the event the executor so elects furnishing the wife or husband is entitled to obtain profits in payments created not less than each year for all times and that no person has a power to appoint any Section of the property to anyone apart from the surviving wife or husband

see also antenuptial agreement Observe: In most states, on divorce marital property is split In accordance with just what the court decides is equitable. — movable property : property (as personal property or crops) which can be moved — own property : property (as being a motor vehicle) that is certainly movable although not which includes crops or other means nonetheless connected to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, properties, crops, or other resources even now hooked up to or within the land or enhancements or fixtures forever attached on the land or simply a construction on What's more, it : an interest, advantage, suitable, or privilege in such property

referred to as also immovable property — different property : property of a partner that isn't Group property or marital property Specifically : property obtained by a wife or husband prior to marriage or separately during marriage (as by present or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price thanks to it the insurance coverage coverage limited property damage coverage to tangible property

These illustrations are programmatically compiled from numerous on the web resources to illustrate existing utilization with the word 'property.' Any thoughts expressed from 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 system of the relationship that is topic to division read more upon divorce

see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Observe: When property is deserted, the owner gives up the sensible expectation of privateness relating to it. The finder of deserted property is entitled to keep it, along with a police officer may possibly acquire possession of deserted property as evidence with out violating the ensure in opposition to unreasonable queries and seizures from the Fourth Modification to the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy case and that is generally deemed Section of the personal bankruptcy estate : property obtained once the perfection of the lien or stability interest especially : this kind of property acquired once the generation of the lien or security interest that's topic for the lien or turns into collateral for the safety fascination : property transferred on the estate of the decedent immediately after execution with the will — popular property : property owned or employed by multiple bash specifically : property owned or leased by tenants in common

ownership in indivision at ownership Note: The states getting Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry especially, inside the civil legislation of Louisiana : tracts of land with their element elements — intangible property : property (like a stock certificate or Skilled license) that derives worth not from its intrinsic physical nature but from what it represents — intellectual property

of not conducting heat character applies to a peculiar and distinctive quality of the detail or a category.

a : an excellent or trait belonging and particularly peculiar to somebody or matter b : an influence that an item has on A different item or about the senses c : advantage feeling 2 d : an attribute frequent to all associates of a class

a : something owned or possessed specifically : a piece of real estate b : the special ideal to have, delight in, and get rid of a point : ownership c : some thing to which an individual or business has a lawful title d : a person (for instance a performer) that's less than deal and whose operate is particularly useful e : a e-book or script bought for publication or production

property indicates a attribute that belongs to your issue's crucial nature and may 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 spouse at his / her individual Loss of life, in which it's subject to taxation.