The best Side of property

typical property community property mental property personal property property damage property damage insurance policy property proper property tax public property

Evaluate tenancy in typical at tenancy — Neighborhood property : property held jointly by husband and spouse specifically : property especially from work obtained by both partner right after marriage that is considered in states using a community property method to belong to both spouses as undivided one-50 % passions

on the corporation : property belonging to a particular human being — skilled terminable fascination property : property passing to some surviving spouse that qualifies with the marital deduction If your executor so elects delivering that the wife or husband is entitled to get revenue in payments produced at least on a yearly basis for all times and that not one person has a power to appoint any Element of the property to anyone aside from the surviving partner

see also antenuptial settlement Notice: For most states, upon divorce marital property is split Based on exactly what the court docket decides is equitable. — movable property : property (as own property or crops) which can be moved — particular property : property (as a motor vehicle) that's movable although not together with 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 however hooked up to or inside the land or advancements or fixtures permanently connected to the land or even a composition on In addition it : an curiosity, reward, ideal, or privilege in this kind of property

identified as also immovable property — different property : property of the wife or husband that is not Local community property or marital property especially : property acquired by a husband or wife before marriage or independently all through marriage (as by present or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic financial price on account of it the coverage plan limited property damage coverage to tangible property

These examples are programmatically compiled from different on the net resources For example current usage in the phrase 'property.' Any views expressed during the examples usually do not characterize Those people of Merriam-Webster or its editors. Send us suggestions about these examples.

— marital property : property obtained by both husband or wife in the course of a relationship that may be subject to division on divorce

see also asset, estate, desire feeling 1, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Notice: When property is abandoned, the proprietor provides up the sensible expectation of privacy concerning it. The finder of abandoned property is entitled to maintain it, in addition to a law enforcement officer might choose possession of deserted property as evidence without having violating the ensure in opposition to unreasonable searches and seizures within the Fourth Amendment into the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy circumstance and that's normally regarded Section of the bankruptcy estate : property acquired once the perfection of the lien or security desire In particular : these property obtained following the creation of the lien or stability curiosity that's topic to the lien or results in being collateral for the safety curiosity : property transferred to the estate of the decedent immediately after execution in the will — frequent property : property owned or used by multiple get together particularly : property owned or leased by tenants in common

possession in indivision at ownership Note: The states owning Local community property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry specifically, from the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (being a stock certification or Specialist license) that derives value not from its intrinsic Actual physical nature but from what it signifies — intellectual property

of not conducting warmth character relates to a peculiar and distinct high quality of the thing or a class.

a : a quality or trait belonging and especially peculiar to an individual or factor b : an influence that an object has on A different object or about the senses c : advantage sense 2 d : an attribute popular to all customers of a category

a : anything owned or possessed particularly : a bit of real estate b : the special appropriate to have, enjoy, and get rid of a matter : possession c : one thing to which somebody or business includes a lawful title d : 1 (such as a performer) who is underneath deal and whose perform is very beneficial e : a ebook or script purchased for publication or creation

property indicates a characteristic that belongs to your detail's crucial mother nature and could be utilized to describe a read more sort or species.

see also QTIP believe in at believe in Be aware: Underneath federal tax regulation the property has to be A part of the gross estate with the surviving spouse at their individual death, exactly where it's subject matter to taxation.

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