Not known Details About property

Not known Details About property

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prevalent property Neighborhood property mental property own property property destruction property hurt insurance plan property appropriate property tax community property

compare tenancy in frequent at tenancy — Group property : property held jointly by husband and wife specially : property especially from employment obtained by either wife or husband just after marriage that is certainly considered in states possessing a Group property method to belong to equally spouses as undivided one-50 percent interests

with the corporation : property belonging to a particular man or woman — qualified terminable fascination property : property passing to the surviving partner that qualifies with the marital deduction When the executor so elects giving that the husband or wife is entitled to obtain profits in payments created at least every year for all times Which no one has a power to appoint any Element of the property to any person aside from the surviving husband or wife

see also antenuptial agreement Note: In many states, on divorce marital property is split Based on exactly what the court docket establishes is equitable. — movable property : property (as personal property or crops) which can be moved — particular property : property (as a motor vehicle) that may be movable but not which include crops or other sources however 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 continue to connected to or throughout the land or improvements or fixtures permanently connected to your land or a construction on What's more, it : an interest, gain, right, or privilege in this kind of property

named also immovable property — different property : property of the husband or wife that is not community property or marital property Particularly : property acquired by a spouse ahead of relationship or individually in the course of relationship (as by reward or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic price thanks to it the insurance policy restricted property damage coverage to tangible property

These examples are programmatically compiled from different on the internet resources As an instance current usage of the word 'property.' Any thoughts expressed while in the examples tend not to characterize All those of Merriam-Webster or its editors. Mail us feedback about these examples.

— marital property : property acquired by either spouse during the program of a marriage that is topic to division upon divorce

see also asset, estate, curiosity sense 1, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Take note: When property is deserted, the proprietor gives up the affordable 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 devoid of violating the warranty against unreasonable lookups and seizures during the Fourth Modification to your U.S. Structure. — soon after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the personal bankruptcy scenario and that is generally regarded as A part of the bankruptcy estate : property obtained once the perfection of the lien or safety curiosity Particularly : such property obtained following the generation of a lien or security desire that is definitely subject matter to your lien or will become collateral for the security interest : property transferred into the estate of the decedent website right after execution in the will — typical property : property owned or employed by multiple social gathering especially : property owned or leased by tenants in typical

possession in indivision at possession Notice: The states getting community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, inside the civil regulation of Louisiana : tracts of land with their element components — intangible property : property (as a inventory certificate or professional license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property

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

a : an outstanding or trait belonging and especially peculiar to an individual or detail b : an influence that an object has on another item or within the senses c : virtue feeling 2 d : an attribute widespread to all members of a category

a : some thing owned or possessed specially : a piece of real estate b : the exceptional proper to possess, get pleasure from, and dispose of a matter : ownership c : a little something to which someone or company provides a legal title d : a person (like a performer) that's below deal and whose function is very beneficial e : a reserve or script bought for publication or generation

property implies a characteristic that belongs to the thing's necessary nature and should be utilized to explain a sort or species.

see also QTIP have confidence in at belief Be aware: Less than federal tax law the property needs to be included in the gross estate with the surviving spouse at her or his have death, the place it is subject matter to taxation.