property - An Overview
property - An Overview
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popular property Group property intellectual property own property property injury property destruction insurance policy property ideal property tax community property
Review tenancy in typical at tenancy — Local community property : property held jointly by husband and wife specially : property Particularly from work obtained by either partner after marriage that is definitely deemed in states having a Local community property method to belong to both of those spouses as undivided just one-half passions
of the Company : property belonging to a particular human being — experienced terminable interest property : property passing into a surviving wife or husband that qualifies for your marital deduction Should the executor so elects offering that the husband or wife is entitled to receive cash flow in payments built at the least yearly for all times and that no person has a power to appoint any Portion of the property to anyone in addition to the surviving partner
see also antenuptial agreement Observe: In many states, on divorce marital property is split In accordance with just what the court docket determines is equitable. — movable property : property (as particular property or crops) that can be moved — private property : property (for a vehicle) that may be movable but not such as crops or other assets continue to 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 even now hooked up to or throughout the land or advancements or fixtures forever hooked up towards the land or possibly a composition on it also : an curiosity, reward, suitable, or privilege in these property
known as also immovable property — individual property : property of the spouse that isn't Neighborhood property or marital property Specially : property obtained by a spouse just before relationship or individually in the course of relationship (as by reward or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value as a result of it the insurance policies coverage limited property harm coverage to tangible property
These illustrations are programmatically compiled from many on-line sources For instance existing use of the word 'property.' Any thoughts expressed from the illustrations do not symbolize All those of Merriam-Webster or its editors. Mail us suggestions about these examples.
— marital property : property obtained by possibly wife or husband throughout the training course 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 Note: When property is abandoned, the proprietor presents up the reasonable expectation of privacy regarding it. click here The finder of abandoned property is entitled to help keep it, and also a law enforcement officer may perhaps take possession of abandoned property as evidence with no violating the assurance versus unreasonable searches and seizures within the Fourth Amendment for the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy situation and that is typically regarded Component of the individual bankruptcy estate : property acquired after the perfection of a lien or safety curiosity Specially : this kind of property acquired following the development of the lien or protection desire that may be subject to the lien or gets to be collateral for the security curiosity : property transferred for the estate of a decedent just after execution of your will — frequent property : property owned or utilized by multiple occasion specially : property owned or leased by tenants in popular
possession in indivision at possession Observe: The states possessing Neighborhood property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specifically, within the civil law of Louisiana : tracts of land with their element elements — intangible property : property (for a stock certification or Skilled license) that derives price not from its intrinsic Bodily mother nature but from what it represents — mental property
of not conducting heat character relates to a peculiar and exclusive good quality of the matter or a category.
a : a quality or trait belonging and particularly peculiar to a person or detail b : an influence that an object has on A different object or on the senses c : advantage sense two d : an attribute frequent to all users of a class
a : anything owned or possessed specifically : a piece of real estate b : the unique suitable to have, love, and dispose of a detail : possession c : a thing to which anyone or business enterprise has a legal title d : one (like a performer) that's below deal and whose function is particularly valuable e : a ebook or script procured for publication or manufacturing
property indicates a attribute that belongs to some detail's crucial mother nature and will be used to describe a sort or species.
see also QTIP have confidence in at trust Be aware: Less than federal tax law the property need to be included in the gross estate on the surviving spouse at their have death, the place it is actually topic to taxation.