The best Side of property

The best Side of property

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typical property Group property mental property private property property harm property problems insurance policies property correct property tax general public property

Assess tenancy in typical at tenancy — Group property : property held jointly by spouse and wife precisely : property Specially from employment obtained by both wife or husband immediately after marriage that is considered in states possessing a Group property technique to belong to both spouses as undivided a person-fifty percent pursuits

on the corporation : property belonging to a certain individual — capable terminable curiosity property : property passing to the surviving husband or wife that qualifies for the marital deduction In case the executor so elects providing the wife or husband is entitled to obtain money in payments created at least every year for all times and that not one person has a power to appoint any A part of the property to anyone other than the surviving husband or wife

see also antenuptial agreement Notice: In most states, upon divorce marital property is split Based on exactly what the court docket decides is equitable. — movable property : property (as own property or crops) that may be moved — personalized property : property (as a automobile) that may be movable but not together with crops or other assets continue to 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 continue to attached to or inside the land or advancements or fixtures permanently hooked up for the land or maybe a composition on In addition, it : an fascination, profit, correct, or privilege in such property

named also immovable property — different property : property of the partner that isn't community property or marital property Specifically : property obtained by a husband or wife right before relationship or individually throughout marriage (as by present or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit as a result of it the insurance policy policy restricted property harm coverage to tangible property

These examples are programmatically compiled from various online sources to illustrate current use of your term 'property.' Any viewpoints expressed from the illustrations tend not to depict All those of Merriam-Webster or its editors. Ship us responses about these illustrations.

— marital property : property obtained by possibly wife or husband during the course of a marriage which is matter to division on divorce

see also asset, estate, fascination perception one, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Observe: When property is abandoned, the owner gives up the fair expectation of privateness relating to it. The finder of deserted property is entitled to help keep it, plus a police officer may take possession of deserted property as proof with out violating the assure in opposition to unreasonable searches and seizures while in the Fourth Amendment on the U.S. Constitution. — immediately after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a individual bankruptcy situation and that is generally regarded as part of the individual bankruptcy estate : property acquired once the perfection of a lien or stability fascination Specifically : this kind of property acquired once the creation of the lien or protection curiosity that may be matter for the lien or becomes collateral for the safety fascination : property transferred towards the estate of the decedent soon after execution in the will — typical property : property owned or used by multiple get together particularly : property owned or leased by tenants in common

possession in indivision at ownership Be aware: The states owning Local community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real read more property Within this entry precisely, from the civil legislation of Louisiana : tracts of land with their component sections — intangible property : property (like a stock certification or Expert license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property

of not conducting warmth character applies to a peculiar and distinct good quality of a matter or a class.

a : a quality or trait belonging and particularly peculiar to an individual or detail b : an result that an object has on A different object or over the senses c : virtue perception 2 d : an attribute common to all customers of a class

a : a thing owned or possessed especially : a bit of real estate b : the distinctive right to have, enjoy, and eliminate a point : possession c : anything to which an individual or business enterprise incorporates a lawful title d : a single (for instance a performer) that's underneath agreement and whose operate is particularly beneficial e : a guide or script purchased for publication or production

property indicates a attribute that belongs to your issue's crucial nature and may be made use of to explain a kind or species.

see also QTIP have confidence in at believe in Note: Under federal tax legislation the property should be included in the gross estate of the surviving husband or wife at their own Dying, where by it truly is subject matter to taxation.