The Greatest Guide To property

The Greatest Guide To property

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popular property Neighborhood property intellectual property personal property property problems property injury insurance property correct property tax general public property

compare tenancy in widespread at tenancy — Neighborhood property : property held jointly by partner and wife precisely : property In particular from employment obtained by both spouse immediately after marriage that is definitely deemed in states getting a community property system to belong to both equally spouses as undivided a single-50 % pursuits

in the Company : property belonging to a specific human being — certified terminable fascination property : property passing to some surviving wife or husband that qualifies with the marital deduction In the event the executor so elects providing the husband or wife is entitled to receive cash flow in payments made not less than every year for life and that no person has a power to appoint any Component of the property to any person aside from the surviving wife or husband

see also antenuptial agreement Observe: In many states, on divorce marital property is divided As outlined by just what the court decides is equitable. — movable property : property (as individual property or crops) which might be moved — private property : property (for a car) that is definitely movable but not like crops or other means nonetheless connected to land : property in addition to real property a tax on the private property

— real property : property consisting of land, properties, crops, or other sources however attached to or inside the land or advancements or fixtures permanently attached for the land or maybe a composition on In addition, it : an desire, benefit, proper, or privilege in these property

called also immovable property — independent property : property of the wife or husband that's not Neighborhood property or marital property In particular : property acquired by a wife or husband ahead of relationship or separately during relationship (as by present or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic value as a consequence of it the insurance plan coverage limited property destruction protection to tangible property

These illustrations are programmatically compiled from many online sources As an example recent use in the phrase 'property.' Any views expressed in the examples tend not to stand for These of Merriam-Webster or its editors. Ship us responses about these illustrations.

— marital property : property acquired by both husband or wife over the course of a marriage that is certainly issue to division upon divorce

see also asset, estate, interest feeling 1, possession feeling 1e — deserted property : property to which the operator has relinquished all rights Be aware: When property is abandoned, the proprietor offers up the fair expectation of privateness concerning it. The finder of abandoned property is entitled to keep it, as well as a law enforcement officer may well take possession of abandoned property as evidence with no violating the warranty against unreasonable searches and seizures inside the Fourth Modification to your U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy scenario and that's usually considered A part of the personal bankruptcy estate : property acquired following the perfection of the lien or stability desire Primarily : such property acquired after the creation of a lien or safety curiosity which is matter on the lien or gets collateral for the safety fascination : property transferred to your estate of the decedent soon after execution with the will — popular property : property owned or employed by multiple bash precisely : property owned or leased by tenants in common

ownership in indivision at ownership Note: The states having community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry especially, inside the civil legislation of Louisiana : tracts of land with their element areas — intangible property : property (being a inventory certificate or Skilled license) that derives worth not from its intrinsic Bodily nature but from what it represents — intellectual property

of not conducting heat character applies to a peculiar and distinct high-quality of the detail or a category.

a : an outstanding 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 appropriate to possess, take pleasure in, and dispose of a factor : ownership c : anything to which anyone or business enterprise contains a lawful title d : one particular (like a performer) who's below contract and whose work is very precious e : a ebook or script obtained for publication or manufacturing

property implies a characteristic that belongs to the matter's vital nature and could be applied to explain a kind or species.

see also QTIP believe in at trust Take note: Underneath federal tax legislation the property has to be included in the gross estate of your surviving wife or husband at her or his very own website death, where it can be subject matter to taxation.