New Step by Step Map For property

New Step by Step Map For property

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frequent property community property intellectual property particular property property problems property problems insurance plan property suitable property tax general public property

Review tenancy in prevalent at tenancy — Local community property : property held jointly by partner and spouse specially : property In particular from work obtained by possibly wife or husband just after relationship which is deemed in states having a Group property technique to belong to the two spouses as undivided 1-50 % pursuits

in the corporation : property belonging to a selected person — skilled terminable curiosity property : property passing into a surviving partner that qualifies with the marital deduction If your executor so elects delivering that the spouse is entitled to obtain earnings in payments created a minimum of on a yearly basis for all times and that nobody has an influence to appoint any Portion of the property to any person in addition to the surviving husband or wife

see also antenuptial agreement Note: In the majority of states, upon divorce marital property is split As outlined by exactly what the court docket decides is equitable. — movable property : property (as personal property or crops) that can be moved — own property : property (for a automobile) that is movable although not such as crops or other means even now attached to land : property aside from real property a tax on the personal property

— real property : property consisting of land, properties, crops, or other sources however attached to or in the land or advancements or fixtures completely hooked up for the land or a framework on Additionally, it : an desire, advantage, ideal, or privilege in these kinds of property

called also immovable property — separate property : property of the wife or husband that is not Local community property or marital property especially : property acquired by a husband or wife before marriage or separately during marriage (as by present or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial benefit as a consequence of it the insurance policies coverage restricted property problems protection to tangible property

These illustrations are programmatically compiled from numerous on-line sources As an instance current utilization with the term 'property.' Any opinions expressed while in the illustrations never signify People of Merriam-Webster or its editors. Send out us feed-back about these examples.

— marital property : property acquired by both wife or husband during the training course of the relationship that may be subject to division upon divorce

see also asset, estate, curiosity feeling one, possession feeling 1e — deserted property : property to which the operator has relinquished all rights Observe: When property is deserted, the operator presents up the realistic expectation of privateness about it. The finder of deserted property is entitled to maintain it, along with a police officer might get possession of abandoned property as evidence without having violating the ensure in opposition to unreasonable queries and seizures inside the Fourth Amendment for the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy scenario and that's commonly here thought of Element of the individual bankruptcy estate : property obtained following the perfection of a lien or safety curiosity Particularly : this kind of property acquired after the generation of the lien or protection curiosity which is topic towards the lien or becomes collateral for the safety desire : property transferred on the estate of a decedent right after execution from the will — common property : property owned or utilized by more than one get together especially : property owned or leased by tenants in frequent

ownership in indivision at possession Take note: The states acquiring Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specifically, while in the civil legislation of Louisiana : tracts of land with their ingredient sections — intangible property : property (like a stock certification or Specialist license) that derives worth not from its intrinsic physical nature but from what it signifies — intellectual property

of not conducting warmth character relates to a peculiar and unique high-quality of a detail or a category.

a : a top quality or trait belonging and especially peculiar to somebody or issue b : an impact that an item has on An additional item or about the senses c : virtue perception 2 d : an attribute prevalent to all members of a class

a : some thing owned or possessed particularly : a piece of real estate b : the unique ideal to possess, delight in, and dispose of a issue : ownership c : a thing to which an individual or organization features a lawful title d : 1 (for instance a performer) who's less than deal and whose operate is especially beneficial e : a e book or script procured for publication or production

property implies a characteristic that belongs to the point's critical mother nature and may be utilised to explain a type or species.

see also QTIP belief at believe in Observe: Underneath federal tax law the property have to be A part of the gross estate of the surviving husband or wife at their have Dying, where it truly is matter to taxation.