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frequent property Group property mental property individual property property destruction property hurt insurance plan property correct property tax general public property
Assess tenancy in prevalent at tenancy — Neighborhood property : property held jointly by spouse and wife particularly : property Primarily from employment obtained by both spouse immediately after marriage that may be deemed in states having a Local community property system to belong to equally spouses as undivided 1-50 percent pursuits
on the corporation : property belonging to a certain individual — capable terminable curiosity property : property passing to the surviving partner that qualifies with the marital deduction In the event the executor so elects furnishing the wife or husband is entitled to obtain profits in payments produced not less than each year for all times and that not one person has a power to appoint any part of the property to anyone in addition to the surviving partner
see also antenuptial settlement Be aware: For most states, upon divorce marital property is split according to exactly what the court docket decides is equitable. — movable property : property (as particular property or crops) that may be moved — personalized property : property (to be a car or truck) which is movable although not including crops or other assets still connected to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other resources nevertheless hooked up to or within the land or enhancements or fixtures forever attached on the land or simply a construction on What's more, it : an interest, reward, suitable, or privilege in such property
named also immovable property — different property : property of a spouse that isn't Group property or marital property especially : property acquired by a husband or wife right before marriage or independently in the course of relationship (as by reward or frequently 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 problems protection to tangible property
These examples are programmatically compiled from a variety of on line sources As an example latest use from the phrase 'property.' Any get more info views expressed during the examples usually do not depict Those people of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property acquired by both husband or wife in the program of a relationship that may be subject to division upon divorce
see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is abandoned, the owner provides up the realistic expectation of privateness about it. The finder of abandoned property is entitled to keep it, as well as a law enforcement officer may well choose possession of deserted property as proof without the need of violating the guarantee towards unreasonable queries and seizures from the Fourth Modification into the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy scenario and that's ordinarily considered A part of the personal bankruptcy estate : property obtained following the perfection of the lien or protection desire especially : this kind of property acquired following the development of the lien or protection fascination that may be issue to the lien or gets to be collateral for the security curiosity : property transferred to the estate of the decedent right after execution on the will — widespread property : property owned or employed by more than one bash exclusively : property owned or leased by tenants in typical
ownership in indivision at ownership Be aware: The states possessing Neighborhood property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry specially, from the civil regulation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (like a inventory certification or Qualified 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 high quality of a thing or a class.
a : a quality or trait belonging and especially peculiar to an individual or detail b : an outcome 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 particularly : a piece of real estate b : the exclusive right to have, love, and eliminate a detail : possession c : anything to which someone or organization includes a authorized title d : 1 (such as a performer) who is less than deal and whose get the job done is particularly useful e : a e-book or script bought for publication or production
property implies a attribute that belongs to the matter's vital character and will be utilized to describe a sort or species.
see also QTIP rely on at have faith in Notice: Below federal tax law the property needs to be A part of the gross estate on the surviving partner at his or her own Dying, wherever it truly is topic to taxation.