Not known Facts About property
Not known Facts About property
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common property community property intellectual property particular property property damage property damage coverage property proper property tax general public property
compare tenancy in popular at tenancy — Neighborhood property : property held jointly by spouse and wife particularly : property Primarily from employment obtained by both husband or wife following relationship which is considered in states having a Neighborhood property method to belong to equally spouses as undivided a single-50 percent pursuits
in the Company : property belonging to a particular particular person — skilled terminable fascination property : property passing to a surviving spouse that qualifies to the marital deduction In case the executor so elects furnishing that the wife or husband is entitled to obtain money in payments produced a minimum of every year for all times and that no person has an influence to appoint any part of the property to any person aside from the surviving wife or husband
see also antenuptial agreement Be aware: For most states, upon divorce marital property is split according to what the court docket determines is equitable. — movable property : property (as personalized property or crops) that can be moved — private property : property (to be a automobile) that may be movable but not including crops or other assets continue to attached to land : property besides real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other means nonetheless connected to or within the land or improvements or fixtures forever hooked up for the land or possibly a structure on In addition, it : an desire, benefit, appropriate, or privilege in these types of property
identified as also immovable property — individual property : property of a spouse that is not Group property or marital property In particular : property acquired by a spouse right before relationship or independently in the course of marriage (as by reward or normally by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic worth as a result of it the insurance plan plan restricted property damage coverage to tangible property
These examples are programmatically compiled from various on-line sources For instance recent utilization on the phrase 'property.' Any opinions expressed while in the illustrations do not signify People of Merriam-Webster or its editors. Mail us feedback about these examples.
— marital property : property obtained by possibly spouse throughout the system of the relationship that is subject matter to division upon divorce
see also asset, estate, curiosity feeling one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is abandoned, the owner provides up the realistic expectation of privateness about it. The finder of abandoned property is entitled to keep it, as well as a law enforcement officer may well choose possession of abandoned property as evidence without having violating the promise from unreasonable lookups and seizures in the Fourth Amendment towards the U.S. Constitution. — right after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy circumstance and that is typically considered Portion of the personal bankruptcy estate : property acquired after the perfection of a lien or safety curiosity Specially : these property obtained once the generation of the lien or security interest that's topic towards the lien or turns into collateral for the security fascination : property transferred on the estate of the decedent immediately after execution with the will — popular property : property owned or employed by multiple bash precisely : property owned or leased by tenants in common
ownership in indivision at ownership Note: The states having community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, within the civil law of Louisiana : tracts of land with their component components — intangible property : property (as being a stock certificate or Expert license) that derives worth not from its intrinsic Actual physical mother nature but from what it signifies — mental property
of not conducting warmth character relates to a peculiar and exclusive good quality of a issue or a class.
a : a top quality or trait belonging and especially peculiar to a person or factor b : an impact that an object has on An additional object or on the senses c : virtue perception 2 d : an attribute prevalent to all members of a class
a : some thing owned or possessed particularly : a piece of real estate b : the distinctive appropriate to have, appreciate, and get rid of a detail : possession c : a thing to which somebody or organization incorporates a authorized title d : a single (such as a performer) who is under deal and whose do the job is very worthwhile e : a e-book or script obtained for publication or manufacturing
property implies a attribute that belongs to the matter's vital character and may be used to explain a sort or species.
see also QTIP have faith here in at have faith in Notice: Below federal tax law the property needs to be A part of the gross estate on the surviving partner at his or her own Dying, the place it really is topic to taxation.