Not known Facts About property
Not known Facts About property
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common property Group property mental property particular property property problems property hurt insurance coverage property right property tax community property
compare tenancy in popular at tenancy — Local community property : property held jointly by spouse and wife especially : property Specifically from employment acquired by either wife or husband after relationship which is deemed in states aquiring a Local community property procedure to belong to both equally spouses as undivided one particular-fifty percent interests
of the Company : property belonging to a certain man or woman — certified terminable fascination property : property passing to some surviving wife or husband that qualifies to the marital deduction When the executor so elects furnishing that the husband or wife is entitled to acquire revenue in payments built at the very least per year for all times and that no-one has an influence to appoint any Portion of the property to anyone in addition to the surviving spouse
see also antenuptial settlement Take note: In most states, upon divorce marital property is split In accordance with just what the court establishes is equitable. — movable property : property (as personal property or crops) that may be moved — own property : property (as a car) that is certainly movable although not such as crops or other means even now hooked up to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other sources even now connected to or in the land or advancements or fixtures forever attached for the land or maybe a composition on Additionally, it : an fascination, benefit, correct, or privilege in these kinds of property
called also immovable property — separate property : property of a partner that isn't Local community property or marital property Specially : property obtained by a spouse before relationship or separately during marriage (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit due to it the insurance policy coverage restricted property injury coverage to tangible property
These illustrations are programmatically compiled from several on line resources As an instance latest use in the phrase 'property.' Any thoughts expressed while in the illustrations usually do not symbolize People of Merriam-Webster or its editors. Ship us responses about these illustrations.
— marital property : property obtained by either partner in the course of the study course of the relationship that is definitely subject matter to division on divorce
see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is abandoned, the proprietor offers up the realistic expectation of privateness about it. The finder of deserted property is entitled to keep it, as well as a police officer may possibly acquire possession of deserted property as evidence without having violating the assure against unreasonable lookups and seizures from the Fourth Modification to your U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy scenario and that is generally considered Element of the personal bankruptcy estate : property acquired after the perfection of the lien or stability fascination Particularly : such property obtained once the development of a lien or stability fascination that is certainly matter towards the lien or becomes collateral for the safety fascination : property transferred for the estate of a decedent just after execution on the will — frequent property : property owned or used by multiple social gathering particularly : property owned or leased by tenants in common
possession in indivision at ownership Note: The states acquiring Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry exclusively, inside the civil law of Louisiana : tracts of land with their ingredient elements — intangible property : property (to be a inventory certificate or Experienced license) that derives price not from its intrinsic Actual physical character but from what it signifies — intellectual property
of not conducting warmth character relates to a peculiar and distinctive excellent of a issue or a category.
a : an outstanding or trait belonging and especially peculiar to someone or factor b : an influence that an object has on A different object or to the senses c : virtue feeling two d : an attribute widespread to all users of a class
a : something owned or possessed precisely : a piece of real estate b : the special right to possess, get pleasure from, and dispose of a matter : possession c : one thing to which anyone or organization features a lawful title d : a single (for instance a performer) that is beneath contract and whose get the job done is particularly important e : a ebook or script bought for publication or generation
property indicates a characteristic that belongs to the issue's important mother nature and may here be applied to describe a sort or species.
see also QTIP believe in at belief Notice: Under federal tax legislation the property should be A part of the gross estate from the surviving husband or wife at his or her possess death, wherever it's issue to taxation.