New Step by Step Map For property

New Step by Step Map For property

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widespread property Neighborhood property intellectual property own property property problems property injury insurance policy property right property tax general public property

compare tenancy in popular at tenancy — Neighborhood property : property held jointly by husband and spouse exclusively : property Specifically from employment obtained by both partner just after relationship that's considered in states getting a Neighborhood property procedure to belong to both equally spouses as undivided a single-fifty percent pursuits

in the Company : property belonging to a selected individual — capable terminable curiosity property : property passing to the surviving husband or wife that qualifies for your marital deduction If your executor so elects furnishing the wife or husband is entitled to obtain earnings in payments built at the very least annually for all times and that no person has an influence to appoint any Portion of the property to any person aside from the surviving wife or husband

see also antenuptial arrangement Be aware: In the majority of states, upon divorce marital property is split according to exactly what the court docket determines is equitable. — movable property : property (as particular property or crops) that may be moved — particular property : property (as a motor vehicle) that is movable but not such as crops or other assets still attached to land : property aside from real property a tax on the non-public property

— real property : property consisting of land, structures, crops, or other methods nonetheless connected to or throughout the land or enhancements or fixtures forever attached for the land or simply a construction on What's more, it : an interest, reward, ideal, or privilege in this kind of property

called also immovable property — individual property : property of the spouse that isn't Group property or marital property Particularly : property acquired by a husband or wife right before marriage or independently through relationship (as by present or normally by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial benefit due to it the insurance plan plan restricted property hurt protection to tangible property

These examples are programmatically compiled from different on the web resources For instance existing use of your word 'property.' Any views expressed during the examples usually do not characterize Those people of Merriam-Webster or its editors. Send us opinions about these illustrations.

— marital property : property obtained by either partner over the class of a marriage that is certainly subject matter to division on divorce

see also asset, estate, interest feeling one, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Take note: When property is deserted, the operator presents up the reasonable expectation of privacy concerning it. The finder of abandoned property is entitled to keep it, along with a police officer may take possession of deserted property as proof with no violating the assurance in opposition to unreasonable searches and click here seizures inside the Fourth Modification to your U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires following the commencement of the personal bankruptcy circumstance and that's usually regarded as Portion of the personal bankruptcy estate : property obtained once the perfection of a lien or security desire Primarily : these property acquired following the development of the lien or safety curiosity that is certainly subject matter to your lien or results in being collateral for the safety interest : property transferred to the estate of a decedent following execution in the will — frequent property : property owned or utilized by multiple social gathering specially : property owned or leased by tenants in prevalent

possession in indivision at possession Take note: The states owning Group property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry particularly, within the civil law of Louisiana : tracts of land with their element components — intangible property : property (like a stock certificate or Skilled license) that derives worth not from its intrinsic Bodily character but from what it represents — mental property

of not conducting heat character applies to a peculiar and unique good quality of the issue or a category.

a : a top quality or trait belonging and especially peculiar to someone or factor b : an result that an item has on Yet another item or to the senses c : virtue perception 2 d : an attribute popular to all customers of a class

a : a little something owned or possessed exclusively : a piece of real estate b : the exceptional suitable to possess, love, and get rid of a detail : ownership c : a thing to which an individual or business enterprise includes a lawful title d : one particular (for instance a performer) who's underneath deal and whose function is particularly valuable e : a ebook or script procured for publication or manufacturing

property indicates a characteristic that belongs to some matter's essential character and should be made use of to describe a type or species.

see also QTIP have faith in at trust Notice: Less than federal tax legislation the property should be A part of the gross estate with the surviving wife or husband at their possess Dying, exactly where it can be topic to taxation.