prevalent property community property mental property private property property harm property problems insurance coverage property suitable property tax community property
Assess tenancy in typical at tenancy — Group property : property held jointly by husband and spouse exclusively : property Particularly from work acquired by possibly husband or wife after relationship that is considered in states using a Neighborhood property procedure to belong to equally spouses as undivided one-50 percent interests
with the corporation : property belonging to a certain individual — capable terminable curiosity property : property passing to some surviving wife or husband that qualifies to the marital deduction if the executor so elects delivering that the partner is entitled to acquire revenue in payments built at the least annually for life and that not a soul has a power to appoint any Element of the property to any person in addition to the surviving partner
see also antenuptial settlement Be aware: For most states, upon divorce marital property is divided In keeping with just what the court docket determines is equitable. — movable property : property (as personalized property or crops) that may be moved — particular property : property (as being a car or truck) that's movable although not including crops or other assets continue to attached to land : property besides real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other methods nonetheless connected to or in the land or enhancements or fixtures forever attached on the land or simply a construction on What's more, it : an interest, reward, suitable, or privilege in this kind of property
named also immovable property — different property : property of a partner that's not community property or marital property Specifically : property obtained by a spouse just before relationship or separately in the course of marriage (as by present or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price because of it the insurance policy plan limited property harm coverage to tangible property
These illustrations are programmatically compiled from many on-line sources As an instance current usage on the term 'property.' Any viewpoints expressed within the illustrations never represent These of Merriam-Webster or its editors. Ship us suggestions about these illustrations.
— marital property : property obtained by either partner in the course of the class of a marriage which is subject matter to division on divorce
see also asset, estate, interest sense one, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the operator gives up the sensible expectation of privateness relating to it. The finder of deserted property is entitled to maintain it, along with a police officer may possibly acquire possession of deserted property as proof with out violating the ensure in opposition to unreasonable lookups and seizures during the Fourth Modification to your U.S. Structure. — soon after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy circumstance and that's ordinarily thought of Element of the personal bankruptcy estate : property obtained once the perfection of a lien or security interest Specifically : these kinds of property obtained following the generation of the lien or stability interest that is issue into the lien or will become collateral for the safety interest : property transferred to the estate of the decedent soon after execution on the will — frequent property : property owned or used by multiple social gathering specifically : property owned or leased by tenants in typical
ownership in indivision at ownership Be aware: The states getting Neighborhood property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry exclusively, while in the civil legislation of Louisiana : tracts of land with their part areas — intangible property : property (being a inventory certification or Specialist license) that derives price not from its intrinsic Bodily character but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and distinct high-quality of the issue or a class.
a : an excellent or trait belonging and especially peculiar to an individual or detail b : an result that an object has on A different object or over the senses c : virtue sense two d : an attribute frequent to all users of a class
a : a thing owned or possessed specially : a bit of real estate b : the distinctive appropriate to possess, take pleasure in, and dispose of a get more info factor : ownership c : something to which anyone or business enterprise contains a lawful title d : one particular (such as a performer) that is under agreement and whose do the job is very worthwhile e : a guide or script ordered for publication or manufacturing
property indicates a characteristic that belongs to the point's critical character and could be employed to describe a type or species.
see also QTIP have faith in at belief Be aware: Beneath federal tax regulation the property must be included in the gross estate of your surviving partner at his / her possess death, exactly where it truly is subject matter to taxation.