New Step by Step Map For property
New Step by Step Map For property
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popular property Group property mental property own property property destruction property damage insurance policy property proper property tax community property
Examine tenancy in frequent at tenancy — Neighborhood property : property held jointly by spouse and spouse especially : property Primarily from employment acquired by both husband or wife just after relationship that's considered in states aquiring a Neighborhood property procedure to belong to both spouses as undivided one particular-50 % interests
on the Company : property belonging to a certain human being — certified terminable curiosity property : property passing to your surviving spouse that qualifies for your marital deduction Should the executor so elects delivering which the spouse is entitled to get revenue in payments built at the least yearly for life and that no person has an influence to appoint any part of the property to any person aside from the surviving wife or husband
see also antenuptial agreement Be aware: In the majority of states, on divorce marital property is divided As outlined by what the courtroom establishes is equitable. — movable property : property (as private property or crops) which might be moved — private property : property (as a automobile) that may be movable but not which include crops or other resources even now hooked up to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other assets still attached to or inside the land or improvements or fixtures forever attached to your land or perhaps a construction on Furthermore, it : an fascination, profit, ideal, or privilege in such property
known as also immovable property — separate property : property of a spouse that's not Group property or marital property In particular : property obtained by a partner ahead of marriage or independently for the duration of relationship (as by gift or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic worth as a consequence of it the coverage plan limited property injury coverage to tangible property
These examples are programmatically compiled from numerous online sources As an example latest use from the phrase 'property.' Any views expressed during the illustrations do not represent People of Merriam-Webster or its editors. Send out us responses about these illustrations.
— marital property : property obtained by possibly wife or husband throughout the system of the relationship that is definitely issue to division upon divorce
see also asset, estate, interest sense 1, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the owner gives up the reasonable expectation of privateness concerning it. The finder of abandoned property is entitled to keep it, and a police officer may choose possession of deserted property as proof with no violating the ensure towards unreasonable searches and seizures within the Fourth Amendment to the U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy circumstance and that's ordinarily thought of Element of the bankruptcy estate : property obtained once the perfection of a lien or safety curiosity Specifically : this sort of property acquired after the creation of a lien or stability desire that is definitely subject matter on the lien or gets to be collateral for the security interest : property transferred to the estate of the decedent immediately after execution on the will — typical property : property owned or employed by more than one party specially : property owned or leased by tenants in frequent
possession in indivision at possession Note: The states owning Group property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry precisely, while in the civil law of Louisiana : tracts of land with their ingredient areas — intangible property : property (as a inventory certificate or Qualified license) that derives worth not from its intrinsic physical mother nature but from what it signifies — mental property
of not conducting warmth character applies to a peculiar and exclusive quality of the factor or a category.
a : a top quality or trait belonging and especially peculiar to somebody or point b : an effect that an item has on An additional item or on the senses c : advantage perception 2 d : an attribute widespread to all users of a class
a : anything owned or possessed specifically : a piece of real estate b : the exceptional right to possess, love, and dispose of a matter : ownership c : a thing to which a person or organization has a legal title d : a single (for instance a performer) that is below deal and whose do the job is particularly useful e : get more info a reserve or script bought for publication or creation
property indicates a characteristic that belongs into a matter's critical nature and may be utilised to explain a type or species.
see also QTIP have faith in at trust Be aware: Beneath federal tax regulation the property must be included in the gross estate on the surviving wife or husband at his or her possess Dying, exactly where it truly is issue to taxation.