Not known Details About property

Not known Details About property

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frequent property community property intellectual property private property property harm property damage insurance property proper property tax public property

Review tenancy in frequent at tenancy — community property : property held jointly by husband and spouse specially : property Specifically from work obtained by both wife or husband following relationship which is deemed in states getting a community property process to belong to the two spouses as undivided one-half pursuits

with the Company : property belonging to a specific human being — skilled terminable interest property : property passing to your surviving spouse that qualifies to the marital deduction When the executor so elects giving that the husband or wife is entitled to receive cash flow in payments made no less than yearly for all times and that no person has an influence to appoint any A part of the property to anyone apart from the surviving wife or husband

see also antenuptial agreement Notice: For most states, upon divorce marital property is split Based on just what the court decides is equitable. — movable property : property (as particular property or crops) that may be moved — personal property : property (being a vehicle) that is certainly movable although not which includes crops or other methods nonetheless attached to land : property aside from real property a tax on the non-public property

— real property : property consisting of land, buildings, crops, or other sources even now hooked up to or inside the land or enhancements or fixtures forever attached on the land or simply a construction on What's more, it : an interest, reward, appropriate, or privilege in these property

called also immovable property — independent property : property of a wife or husband that is not Local community property or marital property especially : property acquired by a husband or wife right before marriage or independently through marriage (as by present or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic worth as a result of it the insurance policies plan limited property damage coverage to tangible property

These illustrations are programmatically compiled from various on the internet resources For example present utilization of the word 'property.' Any opinions expressed inside the examples usually do not symbolize People of Merriam-Webster or its editors. Send out us responses about these illustrations.

— marital property : property obtained by possibly husband or wife in the class of the relationship that may be subject matter to division upon divorce

see also asset, estate, interest perception one, possession feeling 1e — abandoned property : property to which the operator has relinquished all rights Take note: When property is deserted, the proprietor provides up the sensible expectation of privacy concerning it. The finder of abandoned property is entitled to keep it, and a police officer may take possession of deserted property as proof devoid of violating the assurance against unreasonable searches and seizures within the Fourth Amendment on the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy case and that's ordinarily thought of part of the bankruptcy estate : property acquired following the perfection of the lien or protection fascination Particularly : such property acquired once the generation of the lien or safety interest that is issue to your lien or turns into collateral for the safety fascination : property transferred for the estate of a decedent just after execution with the will — frequent property : property owned or used by more than one occasion specially : property owned or leased by tenants in widespread

ownership in indivision at possession Take note: The states acquiring Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry precisely, from the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (for a stock certificate or Qualified license) that derives price not from its intrinsic physical mother nature but from what it signifies — intellectual property

of not conducting warmth character applies to a peculiar and distinctive excellent of a detail or a category.

a : a top quality or trait belonging and especially peculiar to an individual or issue b : an impact that an item has on One more object or to the senses c : virtue perception two d : an attribute typical to all members of a category

a : anything owned or possessed especially : a bit of real estate b : the exceptional proper to possess, love, and get rid of a thing : possession website c : something to which somebody or enterprise contains a authorized title d : 1 (for instance a performer) who's less than agreement and whose work is particularly beneficial e : a reserve or script obtained for publication or generation

property implies a attribute that belongs to some matter's crucial mother nature and will be made use of to describe a sort or species.

see also QTIP have confidence in at belief Notice: Less than federal tax legislation the property needs to be included in the gross estate with the surviving partner at her or his personal Demise, where it truly is subject to taxation.