The best Side of property

prevalent property Local community property intellectual property personal property property destruction property problems insurance plan property proper property tax public property

Assess tenancy in frequent at tenancy — Group property : property held jointly by partner and wife specifically : property In particular from employment obtained by possibly partner following relationship that is certainly deemed in states having a Neighborhood property process to belong to each spouses as undivided just one-fifty percent pursuits

in the Company : property belonging to a specific human being — competent terminable fascination property : property passing to the surviving partner that qualifies with the marital deduction In the event the executor so elects providing that the partner is entitled to acquire revenue in payments created not less than each year for all times and that not one person has a power to appoint any Portion of the property to anyone other than the surviving husband or wife

see also antenuptial settlement Note: In most states, upon divorce marital property is split In accordance with just what the court decides is equitable. — movable property : property (as personalized property or crops) that can be moved — individual property : property (for a auto) that's movable but not like crops or other means nonetheless hooked up to land : property other than real property a tax on the private property

— real property : property consisting of land, structures, crops, or other resources even now attached to or in the land or improvements or fixtures completely connected to the land or perhaps a framework on What's more, it : an interest, advantage, proper, or privilege in these kinds of property

identified as also immovable property — different property : property of the spouse that is not Neighborhood property or marital property Specially : property obtained by a wife or husband before marriage or independently during marriage (as by present or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic economic worth on account of it the insurance policies plan limited property problems protection to tangible property

These examples are programmatically compiled from numerous on the internet sources to illustrate current use of your term 'property.' Any thoughts expressed in the illustrations tend not to symbolize Individuals of Merriam-Webster or its editors. Ship us suggestions about these examples.

— marital property : property obtained by possibly wife or husband throughout the program of a marriage that is certainly subject matter to division on divorce

see also asset, estate, desire perception one, possession perception 1e — abandoned property : property to which the owner has relinquished all rights Note: When property is deserted, the operator offers up the fair expectation of privateness about it. The finder of abandoned property is entitled to help keep it, and also a law enforcement officer may perhaps take possession of deserted property as proof devoid of violating the assurance from unreasonable lookups and seizures from the Fourth Amendment for the U.S. Constitution. — after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy scenario and that is ordinarily viewed as Component of the personal bankruptcy estate : property acquired once the perfection of the lien or safety interest Particularly : such property obtained following the creation of the lien or protection interest that may be matter towards the lien or becomes collateral for the safety curiosity : property transferred towards the estate of the decedent just after execution of your will — prevalent property : property owned or utilized by more than one bash precisely : property owned or leased by tenants in prevalent

ownership in indivision at possession Notice: The states having Local community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry exclusively, within the civil regulation of Louisiana : tracts of land with their element parts — intangible property : property (to be a inventory certificate or Experienced license) that derives price not from its intrinsic physical mother nature but from what it represents — mental property

of not conducting heat character applies to a peculiar and distinct excellent of a factor or a category.

a : a top quality or trait belonging and especially peculiar to someone or factor b : an effect that an item has on An additional item or about the senses c : virtue perception two d : an attribute typical to all users of click here a class

a : a little something owned or possessed specially : a piece of real estate b : the exceptional right to have, appreciate, and eliminate a issue : ownership c : anything to which a person or small business features a lawful title d : a single (such as a performer) that is under agreement and whose work is particularly beneficial e : a e book or script bought for publication or generation

property implies a attribute that belongs to a issue's essential character and may be applied to describe a kind or species.

see also QTIP trust at have faith in Note: Beneath federal tax law the property have to be A part of the gross estate on the surviving spouse at their have Loss of life, wherever it's subject matter to taxation.

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