widespread property community property mental property personal property property problems property destruction insurance property right property tax general public property
Look at tenancy in prevalent at tenancy — Local community property : property held jointly by spouse and wife specially : property In particular from employment acquired by either wife or husband soon after marriage that may be considered in states having a Group property process to belong to equally spouses as undivided one-50 % passions
of the corporation : property belonging to a selected human being — certified terminable desire property : property passing into a surviving wife or husband that qualifies for your marital deduction if the executor so elects offering that the spouse is entitled to acquire cash flow in payments created at least per year for life Which no person has a power to appoint any Component of the property to any person in addition to the surviving partner
see also antenuptial agreement Note: In the majority of states, upon divorce marital property is split Based on just what the court establishes is equitable. — movable property : property (as private property or crops) that can be moved — personalized property : property (as a motor vehicle) that may be movable although not which includes crops or other resources however hooked up to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other resources continue to connected to or throughout the land or improvements or fixtures forever attached towards the land or even a framework on In addition it : an curiosity, profit, correct, or privilege in these kinds of property
called also immovable property — independent property : property of the wife or husband that is not Local community property or marital property Primarily : property acquired by a partner in advance of marriage or independently for the duration of marriage (as by present or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial price thanks to it the insurance plan limited property injury coverage to tangible property
These examples are programmatically compiled from numerous on-line resources For example latest utilization in the word 'property.' Any viewpoints expressed while in the illustrations tend not to symbolize Individuals of Merriam-Webster or its editors. Deliver us comments about these examples.
— marital property : property acquired by either wife or husband throughout the training course of the relationship that is certainly subject matter to division upon divorce
see also asset, estate, interest sense 1, possession sense 1e — abandoned property : property to which the owner has relinquished all legal rights Note: When property is deserted, the operator provides up the acceptable expectation of privateness regarding it. The finder of deserted property is entitled to help keep it, plus a police officer might choose possession of abandoned property as proof with no violating the assure versus unreasonable queries and seizures during the Fourth Amendment towards the U.S. Structure. — after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy circumstance and that is more info generally thought of Component of the personal bankruptcy estate : property acquired after the perfection of the lien or protection fascination Specifically : this sort of property acquired once the development of a lien or security desire that is definitely matter for the lien or gets to be collateral for the safety fascination : property transferred towards the estate of a decedent immediately after execution on the will — frequent property : property owned or used by multiple get together particularly : property owned or leased by tenants in prevalent
ownership in indivision at ownership Observe: The states obtaining community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry particularly, during the civil legislation of Louisiana : tracts of land with their component parts — intangible property : property (for a stock certification or Skilled license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — mental property
of not conducting heat character relates to a peculiar and distinct good quality of a issue or a class.
a : an excellent or trait belonging and especially peculiar to an individual or issue b : an effect that an item has on Yet another item or about the senses c : virtue feeling 2 d : an attribute widespread to all members of a category
a : one thing owned or possessed precisely : a piece of real estate b : the exceptional correct to have, appreciate, and dispose of a factor : ownership c : some thing to which anyone or enterprise has a authorized title d : one (like a performer) who's below contract and whose perform is very useful e : a reserve or script acquired for publication or output
property implies a characteristic that belongs to some factor's essential character and could be employed to explain a type or species.
see also QTIP believe in at believe in Note: Under federal tax regulation the property need to be A part of the gross estate of the surviving partner at her or his own Dying, exactly where it can be subject to taxation.