Not known Details About property
Not known Details About property
Blog Article
prevalent property community property mental property particular property property injury property damage coverage property appropriate property tax public property
Look at tenancy in frequent at tenancy — community property : property held jointly by spouse and wife specially : property Specifically from employment obtained by either husband or wife following relationship which is considered in states possessing a Group property technique to belong to both spouses as undivided one particular-half passions
from the Company : property belonging to a particular man or woman — certified terminable fascination property : property passing to some surviving wife or husband that qualifies for your marital deduction Should the executor so elects offering which the partner is entitled to acquire profits in payments created not less than each year for life and that no person has an influence to appoint any Portion of the property to anyone apart from the surviving husband or wife
see also antenuptial agreement Observe: In most states, upon divorce marital property is split Based on just what the court decides is equitable. — movable property : property (as own property or crops) which can be moved — particular property : property (as being a motor vehicle) that is movable but not together with crops or other sources however attached to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other methods still connected to or throughout the land or improvements or fixtures completely hooked up into the land or perhaps a structure on Furthermore, it : an desire, advantage, appropriate, or privilege in such property
referred to as also immovable property — individual property : property of the partner that isn't Group property or marital property Particularly : property obtained by a wife or husband before relationship or individually for the duration of relationship (as by gift or usually by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth on account of it the coverage policy restricted property problems protection to tangible property
These examples are programmatically compiled from different on the net resources For instance recent utilization in the word 'property.' Any thoughts expressed from the illustrations don't depict All those of Merriam-Webster or its editors. Send us suggestions about these examples.
— marital property : property obtained by possibly spouse through the system of the relationship that's matter to division on divorce
see also asset, estate, interest sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all rights Be aware: When property is abandoned, the owner provides up the realistic expectation of privateness about it. The finder of deserted property is entitled to keep it, along with a police officer may possibly acquire possession of deserted property as evidence with out violating the ensure in opposition to unreasonable searches and seizures within the Fourth Modification to your U.S. Structure. — following-acquired property : property (as website proceeds) that a debtor acquires following the commencement of a personal bankruptcy circumstance and that's ordinarily thought of Section of the bankruptcy estate : property acquired following the perfection of a lien or protection fascination Primarily : such property acquired after the creation of a lien or safety curiosity which is subject matter on the lien or becomes collateral for the safety desire : property transferred into the estate of the decedent after execution from the will — typical property : property owned or utilized by more than one get together exclusively : property owned or leased by tenants in widespread
possession in indivision at possession Notice: The states obtaining community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, inside the civil law of Louisiana : tracts of land with their element components — intangible property : property (as being a stock certificate or Expert license) that derives worth not from its intrinsic physical nature but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and distinctive quality of the detail or a category.
a : an excellent or trait belonging and particularly peculiar to somebody or detail b : an outcome that an item has on A different item or about the senses c : virtue feeling 2 d : an attribute typical to all members of a class
a : a little something owned or possessed precisely : a bit of real estate b : the exceptional suitable to have, get pleasure from, and get rid of a point : ownership c : some thing to which a person or business enterprise contains a lawful title d : one particular (like a performer) who's beneath deal and whose function is especially valuable e : a book or script procured for publication or output
property indicates a attribute that belongs into a factor's essential nature and could be applied to explain a type 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 the surviving wife or husband at his or her have Dying, exactly where it truly is subject matter to taxation.