widespread property Neighborhood property mental property personalized property property harm property destruction insurance plan property appropriate property tax public property
Review tenancy in frequent at tenancy — Group property : property held jointly by spouse and wife precisely : property Specially from employment acquired by possibly partner after marriage that is considered in states using a Neighborhood property system to belong to equally spouses as undivided 1-50 % pursuits
of your Company : property belonging to a selected person — competent terminable fascination property : property passing to your surviving partner that qualifies for the marital deduction If your executor so elects offering which the partner is entitled to acquire revenue in payments built at the least annually for all times Which no person has an influence to appoint any Portion of the property to anyone aside from the surviving wife or husband
see also antenuptial arrangement Observe: In most states, upon divorce marital property is split In line with just what the courtroom establishes is equitable. — movable property : property (as own property or crops) which can be moved — personal property : property (like a auto) that is definitely movable but not which include crops or other methods nonetheless hooked up to land : property other than real property a tax on the private property
— real property : property consisting of land, buildings, crops, or other assets continue to hooked up to or within the land or enhancements or fixtures completely hooked up into the land or possibly a structure on Furthermore, it : an fascination, benefit, proper, or privilege in these property
named also immovable property — separate property : property of a husband or wife that's not Group property or marital property especially : property acquired by a partner ahead of marriage or individually for the duration of relationship (as by reward or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic economic worth as a consequence of it the insurance policies coverage restricted property damage coverage to tangible property
These examples are programmatically compiled from different online sources As an instance present utilization of your term 'property.' Any opinions expressed inside the examples usually do not symbolize People of Merriam-Webster or its editors. Send out us feed-back about these illustrations.
— marital property : property acquired by either spouse throughout the training course of a marriage that is matter to division upon divorce
see also asset, estate, curiosity feeling one, possession perception 1e — abandoned property : property to which the proprietor has relinquished all legal rights Observe: When property is abandoned, the owner provides up the sensible expectation of privacy about it. The finder of abandoned property is entitled to keep it, plus a police officer could get possession of abandoned property as evidence devoid of violating the warranty towards unreasonable queries and seizures while in the Fourth Amendment to the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy case and that's commonly viewed as Section of the personal bankruptcy estate : property acquired once the perfection of the lien or safety interest Primarily : this kind of property obtained after the creation of the lien or safety curiosity that is certainly issue into the lien or becomes collateral for the security interest : property transferred towards the estate of a decedent following execution in the will — frequent property : property owned or utilized by multiple social gathering exclusively : property owned or leased by tenants in prevalent
possession in indivision at possession Take note: The states owning Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, inside the civil law of Louisiana : tracts of land with their part elements — intangible property : property (as being a inventory certification or Expert license) that derives benefit not from its intrinsic Bodily mother nature but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and distinctive quality of a thing or a category.
a : a quality or trait belonging and especially peculiar to somebody or point b : an effect that an item has on An additional object or around the senses c : virtue sense 2 d : an attribute common to all users of a category
a : a little something owned or possessed specially : a bit of real click here estate b : the exceptional appropriate to possess, take pleasure in, and get rid of a factor : ownership c : something to which a person or business enterprise contains a lawful title d : just one (like a performer) that's below deal and whose function is very beneficial e : a e book or script procured for publication or output
property indicates a attribute that belongs into a point's important nature and could be applied to explain a kind or species.
see also QTIP have confidence in at believe in Note: Less than federal tax regulation the property have to be included in the gross estate from the surviving spouse at his / her individual Demise, in which it really is issue to taxation.