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popular property Neighborhood property mental property private property property damage property problems coverage property appropriate property tax general public property
Examine tenancy in common at tenancy — Local community property : property held jointly by spouse and wife specially : property Specifically from employment obtained by both spouse immediately after marriage that is definitely deemed in states having a Local community property method to belong to both equally spouses as undivided 1-50 % passions
of the corporation : property belonging to a selected individual — skilled terminable interest property : property passing to your surviving partner that qualifies with the marital deduction When the executor so elects giving the spouse is entitled to get income in payments manufactured at least every year for life Which no-one has an influence to appoint any A part of the property to any person aside from the surviving spouse
see also antenuptial settlement Observe: In most states, upon divorce marital property is split Based on exactly what the court docket determines is equitable. — movable property : property (as personal property or crops) that could be moved — own property : property (like a car or truck) that is movable although not such as crops or other methods 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 sources even now attached to or in the land or improvements or fixtures completely hooked up into the land or perhaps a composition on What's more, it : an curiosity, reward, right, or privilege in this sort of property
termed also immovable property — separate property : property of a partner that's not community property or marital property In particular : property obtained by a spouse just before relationship or individually through relationship (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value due to it the insurance policies plan restricted property harm protection to tangible property
These examples are programmatically compiled from several on line sources For instance present utilization of your word 'property.' Any thoughts expressed within the examples usually do not signify People of Merriam-Webster or its editors. Mail us opinions about these examples.
— marital property : property obtained by both husband or wife through the study course of the marriage which is matter to division upon divorce
see also asset, estate, curiosity feeling 1, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is deserted, the operator provides up the realistic expectation of privateness about it. The finder of deserted property is entitled to help keep it, along with a law enforcement officer may well just take possession of deserted property as evidence without having violating the promise in opposition to unreasonable queries and seizures from the Fourth Modification into the U.S. Structure. — right after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy scenario and that's ordinarily regarded Section of the personal bankruptcy estate : property acquired after the perfection of the lien or protection fascination Specially : this sort of property obtained once the generation of a lien or security fascination that's matter on the lien or gets collateral for the safety curiosity : property transferred towards the estate of the decedent just after execution with the will — typical property : property owned or used by more than one social gathering especially : property owned or leased by tenants in common
possession in indivision at ownership Take note: The states obtaining Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, within the civil regulation of Louisiana : tracts of land with their part pieces — intangible property : property (for a stock certification or Specialist license) that derives price not from its intrinsic Actual physical character but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and distinct good quality of the point or a class.
a : a high quality or trait belonging and especially peculiar to a person or factor b : an outcome that an object has on another item or on the senses c : virtue feeling 2 d : an attribute typical to all associates of here a category
a : anything owned or possessed particularly : a bit of real estate b : the unique ideal to possess, enjoy, and get rid of a thing : possession c : something to which an individual or enterprise features a legal title d : a single (for instance a performer) who's underneath deal and whose operate is particularly useful e : a book or script acquired for publication or output
property implies a characteristic that belongs into a detail's crucial mother nature and may be utilised to describe a type or species.
see also QTIP belief at believe in Observe: Under federal tax law the property needs to be A part of the gross estate on the surviving partner at his or her very own Demise, exactly where it truly is subject to taxation.