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widespread property Group property mental property private property property harm property destruction insurance coverage property right property tax community property
Evaluate tenancy in common at tenancy — Local community property : property held jointly by spouse and spouse exclusively : property Particularly from work acquired by possibly partner after marriage that's considered in states possessing a Local community property method to belong to both equally spouses as undivided one particular-50 percent interests
with the corporation : property belonging to a selected particular person — qualified terminable curiosity property : property passing to the surviving partner that qualifies for the marital deduction If your executor so elects providing the spouse is entitled to get income in payments designed at the very least annually for all times Which nobody has an influence to appoint any Element of the property to any person in addition to the surviving wife or husband
see also antenuptial agreement Be aware: For most states, upon divorce marital property is split Based on exactly what the court docket decides is equitable. — movable property : property (as particular property or crops) that could be moved — particular property : property (as a automobile) that may be movable but not which includes crops or other means nonetheless connected to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other means still connected to or in the land or enhancements or fixtures forever hooked up to the land or perhaps a construction on What's more, it : an desire, benefit, correct, or privilege in this sort of property
identified as also immovable property — different property : property of a partner that isn't Local community property or marital property Primarily : property obtained by a wife or husband right before relationship or individually in the course of relationship (as by present or often by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price as a consequence of it the insurance policy restricted property damage protection to tangible property
These illustrations are programmatically compiled from various online sources to illustrate existing use of the word 'property.' Any opinions expressed within the examples never characterize All those of Merriam-Webster or its editors. Mail us feed-back about these illustrations.
— marital property : property obtained by possibly spouse in the course of a marriage that's topic to division upon divorce
see also asset, estate, curiosity feeling one, possession feeling 1e — abandoned property : property to which the owner has relinquished all rights Be aware: When property is abandoned, the operator offers up the get more info realistic expectation of privacy concerning it. The finder of deserted property is entitled to help keep it, as well as a police officer may choose possession of deserted property as evidence with out violating the warranty towards unreasonable lookups and seizures during the Fourth Modification on the U.S. Constitution. — after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that is usually regarded as part of the bankruptcy estate : property obtained once the perfection of the lien or protection curiosity Particularly : these types of property obtained following the creation of a lien or stability fascination that is subject into the lien or results in being collateral for the safety fascination : property transferred on the estate of a decedent right after execution from the will — common property : property owned or used by multiple occasion specially : property owned or leased by tenants in prevalent
possession in indivision at ownership Be aware: The states getting community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry exclusively, while in the civil law of Louisiana : tracts of land with their component pieces — intangible property : property (being a stock certification or Qualified license) that derives worth not from its intrinsic physical mother nature but from what it represents — intellectual property
of not conducting warmth character applies to a peculiar and distinct excellent of a thing or a category.
a : an outstanding or trait belonging and especially peculiar to an individual or detail b : an influence that an object has on another item or about the senses c : virtue perception 2 d : an attribute typical to all users of a category
a : one thing owned or possessed particularly : a bit of real estate b : the distinctive correct to have, appreciate, and dispose of a issue : possession c : anything to which a person or small business features a lawful title d : a single (for instance a performer) who's less than contract and whose do the job is especially precious e : a guide or script procured for publication or creation
property implies a characteristic that belongs to your issue's critical character and could be employed to explain a type or species.
see also QTIP have faith in at belief Be aware: Underneath federal tax law the property have to be A part of the gross estate in the surviving wife or husband at their have Dying, in which it is actually topic to taxation.