Not known Facts About property
Not known Facts About property
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common property Local community property intellectual property individual property property damage property destruction insurance plan property proper property tax public property
Look at tenancy in widespread at tenancy — Neighborhood property : property held jointly by partner and spouse specially : property Specifically from employment acquired by both spouse after marriage that may be deemed in states having a Local community property method to belong to both spouses as undivided a person-50 percent interests
with the corporation : property belonging to a certain human being — experienced terminable desire property : property passing to a surviving husband or wife that qualifies for that marital deduction if the executor so elects delivering which the partner is entitled to receive cash flow in payments designed at the very least per year for life Which no one has an influence to appoint any part of the property to any person in addition to the surviving partner
see also antenuptial agreement Observe: For most states, on divorce marital property is split In accordance with what the courtroom establishes is equitable. — movable property : property (as individual property or crops) that could be moved — individual property : property (for a vehicle) which is movable although not such as crops or other methods still connected to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, properties, crops, or other resources even now connected to or within the land or enhancements or fixtures completely attached for the land or maybe a structure on Furthermore, it : an interest, reward, right, or privilege in this kind of property
named also immovable property — different property : property of the spouse that isn't Group property or marital property Particularly : property acquired by a husband or wife before marriage or independently through relationship (as by gift or usually by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value on account of it the coverage policy restricted property hurt protection to tangible property
These illustrations are programmatically compiled from many on-line sources As an instance latest use realtor of the word 'property.' Any opinions expressed inside the examples don't stand for those of Merriam-Webster or its editors. Send us suggestions about these examples.
— marital property : property acquired by both partner in the course of the study course of the relationship that is definitely issue to division on divorce
see also asset, estate, desire perception one, possession perception 1e — deserted property : property to which the proprietor has relinquished all rights Notice: When property is abandoned, the proprietor provides up the realistic expectation of privateness relating to it. The finder of abandoned property is entitled to help keep it, plus a law enforcement officer may well choose possession of deserted property as proof without having violating the assurance from unreasonable searches and seizures inside the Fourth Amendment for the U.S. Constitution. — following-obtained property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy circumstance and that is typically deemed Portion of the bankruptcy estate : property acquired once the perfection of a lien or stability fascination Specially : these kinds of property acquired once the development of a lien or security desire that is certainly matter for the lien or gets collateral for the safety curiosity : property transferred towards the estate of the decedent soon after execution in the will — common property : property owned or utilized by more than one occasion exclusively : property owned or leased by tenants in typical
possession in indivision at ownership Note: The states acquiring community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry especially, during the civil legislation of Louisiana : tracts of land with their component sections — intangible property : property (as being a inventory certificate or Skilled license) that derives benefit not from its intrinsic physical character but from what it represents — mental property
of not conducting heat character relates to a peculiar and unique quality of a detail or a class.
a : a quality or trait belonging and especially peculiar to a person or detail b : an result that an item has on Yet another item or about the senses c : advantage feeling two d : an attribute typical to all customers of a class
a : anything owned or possessed specifically : a bit of real estate b : the exclusive appropriate to have, get pleasure from, and dispose of a matter : ownership c : a little something to which an individual or business enterprise features a lawful title d : a single (for instance a performer) who's under agreement and whose function is particularly valuable e : a e book or script ordered for publication or production
property indicates a attribute that belongs to some matter's important mother nature and may be utilised to explain a kind or species.
see also QTIP trust at have confidence in Take note: Below federal tax regulation the property have to be A part of the gross estate from the surviving partner at his / her personal Demise, where it truly is issue to taxation.