Not known Details About property
Not known Details About property
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prevalent property Local community property intellectual property private property property destruction property problems insurance policies property correct property tax public property
Review tenancy in frequent at tenancy — Group property : property held jointly by spouse and spouse exclusively : property especially from employment obtained by either wife or husband soon after marriage that may be deemed in states having a Local community property system to belong to both equally spouses as undivided 1-50 % interests
of your corporation : property belonging to a certain particular person — certified terminable fascination property : property passing to some surviving wife or husband that qualifies to the marital deduction if the executor so elects giving that the husband or wife is entitled to acquire revenue in payments made no less than each year for all times Which not a soul has a power to appoint any Component of the property to anyone aside from the surviving wife or husband
see also antenuptial agreement Notice: For most states, upon divorce marital property is divided Based on exactly what the courtroom establishes is equitable. — movable property : property (as particular property or crops) that could be moved — own property : property (like a car or truck) that is movable although not including crops or other assets continue to attached to land : property besides real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other methods continue to hooked up to or in the land or advancements or fixtures permanently connected for the land or maybe a composition on Additionally, it : an curiosity, gain, ideal, or privilege in this kind of property
named also immovable property — individual property : property of the spouse that isn't Local community property or marital property Primarily : property acquired by a spouse just before relationship or independently all through marriage (as by gift or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic worth on account of it the insurance plan plan limited property destruction protection to tangible property
These illustrations are programmatically compiled from many on-line sources As an example recent utilization of your word 'property.' Any opinions expressed within the examples don't represent These of Merriam-Webster or its editors. Deliver us comments about these examples.
— marital property : property acquired by either spouse throughout the training course of a marriage that is certainly subject matter to division on divorce
see also asset, estate, fascination feeling 1, possession feeling 1e — abandoned property : property to which the owner has relinquished all rights Note: When property is deserted, the operator offers up the realistic expectation of privacy regarding it. The finder of abandoned property is entitled to keep it, as well as a police officer could consider possession of abandoned property as evidence without violating the guarantee versus unreasonable lookups and seizures from the Fourth Modification to your U.S. Structure. — soon after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy scenario and that is generally considered part of the individual bankruptcy estate : property obtained following the perfection of a lien or security interest Primarily : these property obtained after the generation of the lien or safety interest that is issue to your lien or gets collateral for the security interest : property transferred into the estate of the decedent immediately after execution in the will — typical property : property owned or employed by multiple celebration specifically : property owned or leased by tenants in prevalent
ownership in indivision at ownership 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 precisely, while in the civil law of Louisiana : tracts of land with their ingredient areas — intangible property : property (like a stock certification or Specialist license) that derives worth not from its intrinsic physical character but from what it represents — mental property
of not conducting heat character relates to a peculiar and exclusive top quality of the matter or a class.
a : a quality or trait belonging and particularly peculiar to a person or matter b : an result that an object has on A different object or over the senses c : virtue perception two d : an attribute typical to all users of a class
a : a little something owned or possessed exclusively : a piece of real estate b : the exceptional correct to have, take pleasure in, and eliminate a point : possession c : anything to which an individual or business enterprise incorporates a legal title d : one particular (such as a performer) that is under agreement and whose work is particularly valuable e : a ebook or script bought for publication or generation
property implies a attribute that belongs to the point's critical nature and could be utilized to explain a sort or species.
see also QTIP have confidence in at belief Be aware: Underneath federal tax law the property has to be A part of the gross estate of the surviving husband or wife at his / her personal Demise, where by constructing excellence it's subject matter to taxation.