Not known Details About property
Not known Details About property
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frequent property Local community property intellectual property personal property property problems property hurt insurance plan property appropriate property tax community property
Evaluate tenancy in popular at tenancy — Neighborhood property : property held jointly by partner and spouse especially : property especially from employment obtained by either husband or wife right after marriage that is certainly considered in states possessing a Group property system to belong to the two spouses as undivided just one-fifty percent passions
from the Company : property belonging to a selected particular person — capable terminable interest property : property passing to the surviving partner that qualifies to the marital deduction if the executor so elects giving that the husband or wife is entitled to get income in payments designed a minimum of per year for life Which no person has a power to appoint any Component of the property to any person apart from the surviving husband or wife
see also antenuptial settlement Notice: In many states, on divorce marital property is divided As outlined by what the court docket determines is equitable. — movable property : property (as personalized property or crops) which might be moved — private property : property (for a car or truck) that may be movable although not together with crops or other resources still 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 assets however hooked up to or inside the land or advancements or fixtures forever attached on the land or possibly a composition on it also : an curiosity, reward, suitable, or privilege in these types of property
called also immovable property — independent property : property of the wife or husband that is not community property or marital property Specifically : property acquired by a partner in advance of relationship or separately during marriage (as by gift or usually by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial benefit because of it the insurance coverage coverage restricted property problems protection to tangible property
These examples are programmatically compiled from different on the net resources For example here present-day use of the word 'property.' Any thoughts expressed inside the illustrations never represent those of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property obtained by possibly wife or husband during the 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 proprietor has relinquished all rights Be aware: When property is abandoned, the owner provides up the sensible expectation of privacy concerning it. The finder of deserted property is entitled to maintain it, in addition to a law enforcement officer may possibly just take possession of abandoned property as proof devoid of violating the promise from unreasonable queries and seizures inside the Fourth Amendment to the U.S. Constitution. — after-obtained property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy case and that's commonly viewed as Component of the personal bankruptcy estate : property acquired following the perfection of a lien or security interest especially : such property obtained once the generation of the lien or safety curiosity that's topic to the lien or becomes collateral for the safety fascination : property transferred to the estate of the decedent immediately after execution with the will — widespread property : property owned or used by multiple occasion specially : property owned or leased by tenants in widespread
ownership in indivision at possession Notice: The states having Group property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry especially, in the civil regulation of Louisiana : tracts of land with their component pieces — intangible property : property (like a stock certificate or Skilled license) that derives value not from its intrinsic Bodily nature but from what it signifies — intellectual property
of not conducting heat character relates to a peculiar and distinctive excellent of the detail or a category.
a : an outstanding or trait belonging and particularly peculiar to someone or issue b : an influence that an item has on another item or around the senses c : advantage sense two d : an attribute widespread to all members of a category
a : one thing owned or possessed precisely : a piece of real estate b : the unique correct to possess, enjoy, and dispose of a detail : possession c : a thing to which anyone or organization features a authorized title d : one (like a performer) who is underneath deal and whose operate is very useful e : a reserve or script purchased for publication or output
property indicates a attribute that belongs into a factor's important mother nature and could be applied to explain a kind or species.
see also QTIP believe in at believe in Observe: Under federal tax legislation the property must be included in the gross estate with the surviving spouse at his or her possess Dying, in which it can be subject to taxation.