Not known Details About property
Not known Details About property
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widespread property Group property mental property personal property property hurt property injury coverage property appropriate property tax public property
Review tenancy in frequent at tenancy — Group property : property held jointly by spouse and wife exclusively : property Particularly from work acquired by possibly wife or husband soon after marriage that is definitely deemed in states aquiring a Neighborhood property system to belong to equally spouses as undivided one-50 percent interests
on the corporation : property belonging to a certain person — skilled terminable desire property : property passing into a surviving wife or husband that qualifies for your marital deduction Should the executor so elects offering which the partner is entitled to acquire revenue in payments built at the very least on a yearly basis for life Which nobody has an influence to appoint any part of the property to anyone other than the surviving partner
see also antenuptial settlement Be aware: In the majority of states, upon divorce marital property is divided In keeping with exactly what the court docket determines is equitable. — movable property : property (as personalized property or crops) that can be moved — private property : property (to be a automobile) that is definitely movable but not like crops or other means nevertheless hooked up to land : property other than real property a tax on the private 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 Furthermore, it : an desire, gain, right, or privilege in this sort of property
identified as also immovable property — separate property : property of a husband or wife that's not community property or marital property Specially : property obtained by a spouse just before relationship or separately throughout relationship (as by reward or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial benefit due to it the insurance policies plan restricted property injury protection to tangible property
These illustrations are programmatically compiled from various on the internet resources For example current utilization with the term 'property.' Any opinions expressed inside the illustrations never represent Individuals of Merriam-Webster or its editors. Send out us feed-back about these examples.
— marital property : property acquired by both husband or wife in the program of a relationship that is definitely issue to division upon divorce
see also asset, estate, curiosity feeling one, possession perception 1e — abandoned property : property to which the owner has relinquished all rights Take note: When property is abandoned, the proprietor provides up the affordable expectation of privateness concerning it. The finder of abandoned property is entitled to maintain it, and a law enforcement officer could acquire possession of abandoned property as evidence with out violating the assure against unreasonable lookups and seizures inside the Fourth Modification to your U.S. Structure. — just after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy circumstance and that is normally viewed as Element of the individual bankruptcy estate : property acquired after the perfection of the lien or security interest Specifically : this sort of property obtained following the development of the lien or stability desire that may be topic to the lien or results in being collateral for the security interest : property transferred towards the estate of a decedent right after execution of the will — popular property : property owned or utilized by more than one get together exclusively : property owned or leased by tenants in widespread
possession in indivision at possession Observe: The states acquiring Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry specially, during the civil regulation of Louisiana property management award : tracts of land with their ingredient pieces — intangible property : property (to be a inventory certification or Qualified license) that derives price not from its intrinsic Actual physical mother nature but from what it signifies — mental property
of not conducting warmth character applies to a peculiar and unique top quality of a factor or a class.
a : a high quality or trait belonging and especially peculiar to an individual or thing b : an effect that an item has on A further item or to the senses c : advantage feeling 2 d : an attribute frequent to all associates of a class
a : some thing owned or possessed specifically : a piece of real estate b : the exclusive ideal to have, delight in, and get rid of a issue : ownership c : one thing to which an individual or company has a legal title d : a person (for instance a performer) that is beneath agreement and whose function is especially valuable e : a reserve or script procured for publication or generation
property indicates a characteristic that belongs to some factor's essential character and may be used to explain a sort or species.
see also QTIP have faith in at have confidence in Be aware: Under federal tax regulation the property needs to be A part of the gross estate in the surviving partner at his or her have Demise, in which it's subject to taxation.