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frequent property Group property mental property individual property property problems property hurt insurance policies property correct property tax community property
Review tenancy in typical at tenancy — Neighborhood property : property held jointly by partner and wife particularly : property Primarily from employment acquired by possibly partner soon after relationship that is certainly deemed in states possessing a Group property program to belong to both spouses as undivided one particular-half passions
of your corporation : property belonging to a certain individual — experienced terminable desire property : property passing to some surviving wife or husband that qualifies for your marital deduction In case the executor so elects providing that the partner is entitled to acquire earnings in payments created at the least annually for life Which no one has a power to appoint any Element of the property to any person besides the surviving spouse
see also antenuptial settlement Be aware: In the majority of states, upon divorce marital property is divided In keeping with exactly what the court docket decides is equitable. — movable property : property (as personal property or crops) that may be moved — private property : property (for a vehicle) that may be movable but not which includes crops or other methods continue to connected to land : property besides real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other means however hooked up to or within the land or enhancements or fixtures completely hooked up for the land or simply a construction on it also : an interest, reward, proper, or privilege in such property
referred to as also immovable property — different property : property of a wife or husband that's not community property or marital property especially : property obtained by a wife or husband in advance of relationship or separately through marriage (as by present or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value on account of it the coverage policy restricted property problems coverage to tangible property
These examples are programmatically compiled from a variety of on line sources For instance latest use from the phrase 'property.' Any views expressed during the examples usually do not depict Those people of Merriam-Webster or its editors. Send us comments about these illustrations.
— marital property : property acquired by both wife or husband during the program of a relationship that may be subject to division upon divorce
see also asset, estate, fascination perception one, possession perception 1e — abandoned property : property to which the proprietor has relinquished all rights Observe: When property is deserted, the operator gives up the affordable expectation of privacy relating to it. The finder of deserted property is entitled to maintain it, and a police officer might take possession of abandoned property as proof with no real estate agent violating the promise in opposition to unreasonable searches and seizures within the Fourth Modification to your U.S. Structure. — just after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy scenario and that's ordinarily considered part of the bankruptcy estate : property acquired following the perfection of a lien or protection desire Primarily : these types of property acquired after the creation of a lien or safety curiosity which is topic for the lien or gets collateral for the safety fascination : property transferred to your estate of the decedent just after execution of your will — popular property : property owned or employed by more than one party particularly : property owned or leased by tenants in frequent
ownership in indivision at ownership Notice: The states obtaining Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry precisely, within the civil regulation of Louisiana : tracts of land with their part parts — intangible property : property (for a stock certification or Specialist license) that derives value not from its intrinsic Bodily character but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and unique high quality of a factor or a class.
a : a quality or trait belonging and especially peculiar to an individual or thing b : an outcome that an item has on A further item or to the senses c : advantage feeling two d : an attribute frequent to all associates of a class
a : some thing owned or possessed particularly : a piece of real estate b : the exclusive right to have, love, and eliminate a matter : possession c : one thing to which an individual or company features a legal title d : one (for instance a performer) that's underneath agreement and whose operate is particularly useful e : a guide or script purchased for publication or production
property indicates a attribute that belongs into a point's crucial nature and may be made use of to explain a kind or species.
see also QTIP have confidence in at believe in Note: Less than federal tax regulation the property need to be included in the gross estate in the surviving husband or wife at her or his possess Loss of life, exactly where it is subject to taxation.