The best Side of property

typical property Neighborhood property intellectual property own property property harm property hurt insurance policies property proper property tax community property

compare tenancy in popular at tenancy — Local community property : property held jointly by husband and spouse precisely : property Specifically from employment obtained by possibly spouse after relationship that is deemed in states using a community property system to belong to both equally spouses as undivided one-fifty percent pursuits

from the Company : property belonging to a particular particular person — certified terminable fascination property : property passing to a surviving wife or husband that qualifies to the marital deduction Should the executor so elects delivering the wife or husband is entitled to obtain money in payments built a minimum of per year for life and that no person has a power to appoint any Section of the property to anyone in addition to the surviving spouse

see also antenuptial arrangement Note: In many states, on divorce marital property is split In accordance with just what the court docket determines is equitable. — movable property : property (as personalized property or crops) that could be moved — own property : property (like a motor vehicle) that may be movable but not like crops or other means still attached to land : property other than real property a tax on the private property

— real property : property consisting of land, properties, crops, or other resources nevertheless hooked up to or within the land or enhancements or fixtures forever attached to your land or perhaps a construction on What's more, it : an desire, benefit, suitable, or privilege in this kind of property

named also immovable property — different property : property of the husband or wife that's not Group property or marital property Particularly : property acquired by a partner in advance of relationship or independently all through relationship (as by gift or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value as a result of it the coverage plan limited property hurt protection to tangible property

These illustrations are programmatically compiled from several on line sources to illustrate present utilization with the word 'property.' Any thoughts expressed in the examples don't symbolize Individuals of Merriam-Webster or its editors. Send out us feed-back about these examples.

— marital property : property acquired by both spouse throughout the system of a marriage that may be issue to division on divorce

see also asset, estate, desire perception one, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the owner provides up the realistic expectation of privateness about it. The finder of deserted property is entitled to keep it, along with a law enforcement officer may possibly just take possession of abandoned property as evidence without violating the warranty versus unreasonable lookups and seizures during the Fourth Modification for the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy scenario and that's ordinarily deemed Section of the bankruptcy estate : property obtained following the perfection of a lien or security interest Primarily : these types of property obtained following the creation of the lien or stability interest that's topic for the lien or gets collateral for the safety fascination : property transferred for the estate of a decedent just after execution with the will — common property : property owned or utilized by more than one party precisely : property owned or leased by tenants in widespread

ownership in indivision at possession Take note: The states owning community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, from the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (being a stock certification or Skilled license) that derives value not from its intrinsic Actual physical nature but from what it signifies — mental property

of not conducting warmth character applies to a peculiar and distinct good quality of a issue or a category.

a : a top quality or trait belonging and particularly peculiar to someone or factor b : an outcome that an object has on another item or to the senses c : advantage perception two d : an attribute widespread to all members of a category

a : one thing owned or possessed particularly : a bit of real estate b : the unique ideal to possess, get pleasure from, and get rid of a point : ownership c : some thing to which an individual or company has a lawful title d : 1 (for instance a performer) who is underneath contract and whose get the job done is especially valuable e : a book or script procured for publication or output

property indicates a attribute that belongs into a detail's crucial mother nature and may be applied to describe a type or species.

see also QTIP believe in at trust Notice: Less than federal tax law the property need to be included in the gross estate on the surviving wife or husband at his or her very own Demise, wherever it's subject matter check here to taxation.

Leave a Reply

Your email address will not be published. Required fields are marked *