New Step by Step Map For property
New Step by Step Map For property
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common property Local community property intellectual property own property property destruction property hurt insurance policies property appropriate property tax community property
Review tenancy in frequent at tenancy — Group property : property held jointly by spouse and spouse especially : property In particular from employment obtained by possibly partner after marriage that is considered in states possessing a Group property method to belong to both of those spouses as undivided just one-half interests
on the Company : property belonging to a specific human being — competent terminable desire property : property passing into a surviving spouse that qualifies to the marital deduction Should the executor so elects delivering that the husband or wife is entitled to receive money in payments made not less than each year for all times and that not a soul has a power to appoint any Element of the property to any person besides the surviving partner
see also antenuptial settlement Be aware: In the majority of states, upon divorce marital property is divided In keeping with what the court docket determines is equitable. — movable property : property (as personalized property or crops) that can be moved — personalized property : property (as a automobile) that may be movable but not which include crops or other sources even now attached to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other methods still connected to or throughout the land or improvements or fixtures completely hooked up towards the land or maybe a structure on Furthermore, it : an desire, advantage, proper, or privilege in these types of property
referred to as also immovable property — individual property : property of a partner that's not community property or marital property Specifically : property obtained by a spouse just before relationship or separately throughout relationship (as by reward or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic economic value as a result of it the coverage policy restricted property hurt protection to tangible property
These examples are programmatically compiled from a variety of on line sources As an example latest usage from the phrase 'property.' Any viewpoints expressed within the illustrations never signify People of Merriam-Webster or its editors. Send out us feedback about these examples.
— marital property : property obtained by possibly wife or husband throughout the system of the relationship that's matter to division on divorce
see also asset, estate, desire sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Take note: When property is abandoned, the owner provides up the acceptable expectation of privateness concerning it. The finder of abandoned property is entitled to help keep it, plus a law enforcement officer may perhaps consider possession of abandoned property as evidence with no violating the warranty against unreasonable searches and seizures inside the Fourth Amendment to your U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a individual bankruptcy case and that is typically deemed Component of the individual bankruptcy estate : property obtained after the perfection of a lien or security curiosity Specifically : these kinds of property obtained once the generation of the lien or protection fascination that's topic towards the lien or gets to be collateral for the security curiosity : property transferred to the estate of a decedent following execution from the will — frequent property : property owned or utilized by more than one social gathering exclusively : property owned or leased by tenants in prevalent
possession in indivision at possession Observe: The states acquiring Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specifically, in the civil law of Louisiana : tracts of land with their component components — intangible property : property (as being a stock certificate or Expert license) that derives value not from its intrinsic physical nature but from what it represents — intellectual property
of not conducting heat character relates to a peculiar and distinct high-quality of the detail or a category.
a : an excellent or trait belonging and particularly peculiar to somebody or matter b : an influence that an item has on One more item or within the senses c : virtue sense 2 d : an attribute common to all members of a category
a : a little something owned or possessed specially : a bit of real estate b : the exceptional appropriate to possess, take pleasure in, and dispose of a factor : ownership c : something to which anyone or business enterprise contains a lawful title d : one particular (like a performer) who's below contract and whose do the job is very precious e : a ebook or script procured for publication or production
property indicates a attribute that belongs to your issue's crucial nature and here may be made use of to explain a kind or species.
see also QTIP have confidence in at have confidence in Note: Under federal tax regulation the property need to be included in the gross estate from the surviving spouse at his / her individual Demise, in which it's subject to taxation.