Not known Details About property
Not known Details About property
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common property Group property mental property private property property problems property injury insurance policy property right property tax community property
Evaluate tenancy in popular at tenancy — Local community property : property held jointly by husband and spouse specially : property Specially from employment obtained by possibly husband or wife following relationship that may be deemed in states having a Local community property method to belong to both equally spouses as undivided 1-50 % interests
of your corporation : property belonging to a selected particular person — qualified terminable curiosity property : property passing to the surviving husband or wife that qualifies for the marital deduction In case the executor so elects furnishing that the husband or wife is entitled to receive cash flow in payments made at least every year for all times Which no one has a power to appoint any Component of the property to any person other than the surviving husband or wife
see also antenuptial agreement Observe: In most states, upon divorce marital property is split In line with just what the court decides is equitable. — movable property : property (as particular property or crops) that may be moved — personalized property : property (as a car) that is definitely 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 means nonetheless connected to or in the land or advancements or fixtures permanently attached for the land or simply a construction on What's more, it : an interest, reward, ideal, or privilege in this kind of property
named also immovable property — separate property : property of a partner that isn't Local community property or marital property In particular : property obtained by a wife or husband prior to relationship or separately all through marriage (as by gift or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial value on account of it the coverage policy restricted property hurt protection to tangible property
These examples are programmatically compiled from different on the net resources to illustrate existing use in the phrase 'property.' Any opinions expressed during the examples usually do not characterize Those people of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property obtained by either partner over the class of a marriage that's topic to division upon divorce
see also asset, estate, interest sense 1, possession perception 1e — deserted property : property to which the owner has relinquished all rights Be aware: When property is abandoned, the operator presents up the fair expectation of privateness about it. The finder of abandoned property is entitled to keep it, plus a law enforcement officer may perhaps take possession of abandoned property as evidence without the need of violating the warranty from unreasonable queries and seizures while in the Fourth Amendment on the U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy situation and that is normally viewed as part of the individual bankruptcy estate : property acquired after the perfection of the lien or stability fascination especially : this kind of property acquired following the development of the lien or stability fascination which is subject to your lien or turns into collateral for the safety curiosity : property transferred to your estate of the decedent right after execution of your will — frequent property : property owned or utilized by more than one party particularly : property owned or leased by tenants in frequent
ownership in indivision at ownership Be aware: The states possessing Neighborhood property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry specially, from the civil legislation of Louisiana : tracts of land with their part sections — intangible property : website property (for a inventory certification or Specialist license) that derives price not from its intrinsic Bodily character but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and distinctive high quality of the detail or a category.
a : an excellent or trait belonging and particularly peculiar to someone or matter b : an influence that an item has on One more object 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 precisely : a bit of real estate b : the exceptional suitable to have, take pleasure in, and get rid of a factor : ownership c : something to which anyone or business enterprise contains a lawful title d : just one (like a performer) who's below contract and whose work is very precious e : a e book or script acquired for publication or manufacturing
property implies a characteristic that belongs to the matter's vital character and will be used to explain a sort or species.
see also QTIP have faith in at have confidence in Be aware: Under federal tax regulation the property need to be A part of the gross estate in the surviving spouse at his / her individual Demise, in which it's subject to taxation.