property - An Overview
property - An Overview
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popular property Neighborhood property mental property own property property damage property problems insurance policies property correct property tax community property
Evaluate tenancy in prevalent at tenancy — Neighborhood property : property held jointly by partner and wife specifically : property In particular from employment obtained by either husband or wife following relationship which is considered in states getting a Group property program to belong to both spouses as undivided one particular-50 percent pursuits
from the Company : property belonging to a particular man or woman — certified terminable desire property : property passing to a surviving wife or husband that qualifies with the marital deduction Should the executor so elects giving the spouse is entitled to get income in payments manufactured at least annually for all times Which no-one 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 In accordance with just what the court decides is equitable. — movable property : property (as personal property or crops) which can be moved — own property : property (as being a car or truck) that's movable although 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, buildings, crops, or other assets continue to attached to or in the land or advancements or fixtures completely hooked up to the land or even a composition on Additionally, it : an fascination, profit, correct, or privilege in these types of property
known as also immovable property — individual property : property of the husband or wife that's not Group property or marital property Particularly : property obtained by a partner in advance of marriage or individually for the duration of relationship (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value as a result of it the insurance plan policy restricted property injury protection to tangible property
These illustrations are programmatically compiled from numerous on the internet resources For example present utilization with the term 'property.' Any opinions expressed inside the illustrations will not represent Individuals of Merriam-Webster or its editors. Send out us feed-back about these examples.
— marital property : property acquired by both husband or wife in the course of a marriage that is certainly issue to division on divorce
see also asset, estate, interest feeling one, possession perception 1e — deserted property : property to which the operator has relinquished all rights Be aware: When property is deserted, the proprietor presents up the reasonable expectation of privacy regarding it. The finder of abandoned property is entitled to help keep it, and also a law enforcement officer may consider possession of more info abandoned property as proof without the need of violating the warranty from unreasonable queries and seizures while in the Fourth Amendment for the U.S. Constitution. — just after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy scenario and that's commonly thought of part of the bankruptcy estate : property acquired after the perfection of a lien or safety fascination Specially : these property obtained once the generation of the lien or stability interest that's topic for the lien or turns into collateral for the security curiosity : property transferred on the estate of the decedent immediately after execution with the will — prevalent property : property owned or employed by multiple bash precisely : property owned or leased by tenants in popular
possession in indivision at possession Note: The states having community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, within the civil law of Louisiana : tracts of land with their component components — intangible property : property (as being a stock certificate or professional license) that derives value not from its intrinsic Actual physical character but from what it signifies — mental property
of not conducting warmth character applies to a peculiar and unique top quality of a factor or a class.
a : a quality or trait belonging and especially peculiar to an individual or thing b : an effect that an item has on A further item or to the senses c : advantage feeling 2 d : an attribute frequent to all associates of a class
a : some thing owned or possessed specifically : a piece of real estate b : the special ideal to have, delight in, and get rid of a issue : ownership c : some thing to which a person or business has a lawful title d : a person (for instance a performer) that is beneath contract and whose function is especially important e : a e book or script ordered for publication or creation
property implies a characteristic that belongs to a detail's necessary character and will be employed to describe a sort or species.
see also QTIP belief at rely on Notice: Below federal tax law the property must be A part of the gross estate on the surviving partner at their own Dying, wherever it truly is topic to taxation.