frequent property community property mental property personal property property destruction property destruction insurance policies property proper property tax public property
Evaluate tenancy in common at tenancy — Group property : property held jointly by spouse and wife exclusively : property Primarily from work obtained by both partner after relationship that is definitely deemed in states possessing a Group property method to belong to both spouses as undivided just one-50 percent interests
of your Company : property belonging to a specific person — certified terminable desire property : property passing to your surviving partner that qualifies with the marital deduction If your executor so elects offering that the husband or wife is entitled to obtain money in payments built not less than every year for all times Which nobody has a power to appoint any Element of the property to any person besides the surviving spouse
see also antenuptial agreement Note: In most states, upon divorce marital property is divided according to what the court docket determines is equitable. — movable property : property (as individual property or crops) that may be moved — private property : property (being a auto) that is certainly movable but not like crops or other resources even now attached 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 even now hooked up to or inside the land or enhancements or fixtures permanently connected to your land or perhaps a framework on it also : an curiosity, profit, correct, or privilege in these types of property
referred to as also immovable property — different property : property of a partner that isn't community property or marital property Specifically : property obtained by a spouse ahead of relationship or individually in the course of relationship (as by reward or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial benefit due to it the insurance policy plan limited property damage coverage to tangible property
These examples are programmatically compiled from numerous on the web resources For example present utilization on the term 'property.' Any viewpoints expressed within the examples tend not to characterize Those people of Merriam-Webster or its editors. Send us comments about these illustrations.
— marital property : property obtained by both husband or wife in the course of a marriage which is matter to division on divorce
see also asset, estate, fascination perception one, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the operator presents up the fair expectation of privateness about it. The finder of deserted property is entitled to maintain it, and a police officer might consider possession of abandoned property as evidence without having violating the promise from unreasonable lookups and seizures from the Fourth Amendment towards the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires after the commencement of a read more individual bankruptcy circumstance and that's normally regarded Section of the personal bankruptcy estate : property acquired after the perfection of the lien or safety curiosity Specifically : this kind of property acquired once the generation of the lien or safety interest that is issue to your lien or will become collateral for the safety curiosity : property transferred towards the estate of the decedent right after execution from the will — common property : property owned or employed by multiple social gathering especially : property owned or leased by tenants in frequent
ownership in indivision at possession Take note: The states acquiring Local community property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry precisely, within the civil law of Louisiana : tracts of land with their ingredient parts — intangible property : property (to be a inventory certification or Skilled license) that derives value not from its intrinsic Actual physical character but from what it signifies — mental property
of not conducting heat character relates to a peculiar and unique quality of the factor or a category.
a : a top quality or trait belonging and especially peculiar to somebody or issue b : an effect that an item has on Yet another item or about the senses c : virtue feeling 2 d : an attribute prevalent to all associates of a category
a : a thing owned or possessed especially : a bit of real estate b : the distinctive correct to have, take pleasure in, and eliminate a issue : ownership c : a thing to which an individual or small business includes a lawful title d : a single (for instance a performer) who's beneath agreement and whose work is especially useful e : a e-book or script obtained for publication or production
property indicates a attribute that belongs to some matter's important mother nature and may be employed to explain a type or species.
see also QTIP have faith in at trust Notice: Less than federal tax law the property have to be A part of the gross estate from the surviving husband or wife at his / her personal Demise, where by it's matter to taxation.