Not known Facts About property
Not known Facts About property
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frequent property community property mental property personalized property property hurt property harm insurance property ideal property tax community property
compare 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 right after relationship that is definitely deemed in states aquiring a Neighborhood property procedure to belong to each spouses as undivided a single-50 % passions
with the corporation : property belonging to a selected person — qualified terminable fascination property : property passing to a surviving husband or wife that qualifies for the marital deduction Should the executor so elects offering which the partner is entitled to get earnings in payments designed a minimum of per year for life and that not a soul has a power to appoint any Component of the property to any person in addition to the surviving husband or wife
see also antenuptial settlement Take note: In many states, on divorce marital property is divided As outlined by what the court establishes is equitable. — movable property : property (as private property or crops) that can be moved — particular property : property (like a auto) that is certainly movable although not which includes crops or other means nonetheless hooked up to land : property aside from real property a tax on the personal property
— real property : property consisting of land, properties, crops, or other resources however attached to or inside the land or advancements or fixtures permanently attached to your land or perhaps a framework on Additionally, it : an desire, reward, suitable, or privilege in this kind of property
identified as also immovable property — separate property : property of a wife or husband that is not Neighborhood property or marital property In particular : property acquired by a partner in advance of marriage or independently during marriage (as by reward or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial price because of it the insurance policy coverage limited property damage coverage to tangible property
These illustrations are programmatically compiled from a variety of online sources As an instance present-day usage from the phrase 'property.' Any views expressed during the examples don't depict All those of Merriam-Webster or its editors. Mail us feed-back about these examples.
— marital property : property obtained by possibly spouse throughout the training course of a marriage that is certainly subject matter to division on divorce
see also asset, estate, interest sense 1, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Observe: When property is deserted, the proprietor offers up the fair expectation of privateness about it. The finder of deserted property is entitled to maintain it, and a police officer may consider possession of abandoned property as evidence without violating the promise from unreasonable lookups and seizures from the Fourth Modification to your U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires following the commencement of the personal bankruptcy situation and that is generally regarded as A part of the personal bankruptcy estate : property obtained following the perfection of a lien or safety interest Particularly : these types of property obtained following the development of a lien or security interest that may be issue to your lien or gets collateral for the security curiosity : property transferred towards the estate of a decedent following execution of the will — more info popular property : property owned or employed by more than one celebration specifically : property owned or leased by tenants in popular
possession in indivision at ownership Note: The states having Group property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry specifically, within the civil law of Louisiana : tracts of land with their ingredient sections — intangible property : property (like a stock certification or Skilled license) that derives value not from its intrinsic Actual physical character but from what it represents — mental property
of not conducting warmth character relates to a peculiar and distinctive high-quality of the factor or a category.
a : an outstanding or trait belonging and especially peculiar to an individual or detail b : an outcome that an object has on A further object or around the senses c : advantage sense two d : an attribute widespread to all associates of a category
a : a thing owned or possessed especially : a bit of real estate b : the unique ideal to possess, enjoy, and get rid of a factor : possession c : some thing to which somebody or enterprise contains a authorized title d : a person (such as a performer) that's beneath deal and whose perform is very beneficial e : a e book or script acquired for publication or production
property indicates a characteristic that belongs into a thing's crucial mother nature and will be applied to describe a kind or species.
see also QTIP belief at have confidence in Observe: Under federal tax legislation the property needs to be included in the gross estate on the surviving wife or husband at their possess Dying, in which it is matter to taxation.