The Single Best Strategy To Use For property
The Single Best Strategy To Use For property
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popular property Local community property intellectual property personal property property destruction property hurt insurance policies property appropriate property tax public property
compare tenancy in popular at tenancy — Local community property : property held jointly by husband and spouse specially : property Specially from employment obtained by either wife or husband soon after marriage that may be considered in states having a Local community property program to belong to equally spouses as undivided 1-50 % interests
on the Company : property belonging to a selected individual — competent terminable fascination property : property passing to your surviving wife or husband that qualifies for your marital deduction When the executor so elects furnishing that the husband or wife is entitled to obtain income in payments designed at the least on a yearly basis for all times and that no one has an influence to appoint any Portion of the property to anyone aside from the surviving spouse
see also antenuptial arrangement Note: For most states, upon divorce marital property is split Based on just what the court establishes is equitable. — movable property : property (as individual property or crops) which might be moved — private property : property (to be a car) that may be movable but not which include crops or other sources continue to 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 continue to attached to or in the land or improvements or fixtures completely hooked up towards the land or maybe a structure on What's more, it : an interest, gain, right, or privilege in this sort of property
termed also immovable property — separate property : property of a husband or wife that's not Neighborhood property or marital property In particular : property obtained by a spouse in advance of marriage or independently all through marriage (as by gift or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth thanks to it the insurance policy coverage limited property damage coverage to tangible property
These examples are programmatically compiled from several online sources As an example latest use of the word 'property.' Any thoughts expressed while in the illustrations never signify Individuals of Merriam-Webster or its editors. Ship us responses about these illustrations.
— marital property : property obtained by either partner through the study course of the relationship that is subject to division upon divorce
see also asset, estate, curiosity feeling 1, possession feeling 1e — deserted property : property to which the proprietor has relinquished all legal rights Observe: When property is deserted, the proprietor offers up the fair expectation of privateness concerning it. The finder of abandoned property is entitled to keep it, along with a police officer could get possession of abandoned property as evidence with no violating the ensure in opposition to unreasonable queries and seizures from the Fourth Modification on the U.S. Structure. — soon after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy case and that's usually considered A part of the bankruptcy estate : property acquired after the perfection of the lien or stability desire Primarily : these types of property obtained following the development of a lien or security interest that's subject towards the lien or gets to be collateral for the security desire : property transferred into the estate of read more the decedent immediately after execution with the will — widespread property : property owned or utilized by more than one occasion specially : property owned or leased by tenants in prevalent
ownership in indivision at ownership Note: The states owning Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry exclusively, inside the civil law of Louisiana : tracts of land with their ingredient sections — intangible property : property (being a stock certificate or Experienced license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — mental property
of not conducting heat character relates to a peculiar and exclusive excellent of a thing or a category.
a : a top quality or trait belonging and especially peculiar to someone or point b : an impact that an item has on One more object or on the senses c : advantage sense two d : an attribute widespread to all members of a category
a : a little something owned or possessed exclusively : a piece of real estate b : the special proper to have, love, and dispose of a point : possession c : a little something to which an individual or organization contains a legal title d : one particular (for instance a performer) who is beneath deal and whose work is particularly important e : a guide or script acquired for publication or production
property implies a characteristic that belongs to a point's necessary mother nature and may be utilized to describe a kind or species.
see also QTIP trust at believe in Be aware: Under federal tax legislation the property need to be A part of the gross estate with the surviving spouse at his or her individual death, in which it truly is issue to taxation.