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frequent property community property mental property personalized property property injury property damage insurance property right property tax general public property
Examine tenancy in common at tenancy — Local community property : property held jointly by spouse and spouse specially : property Specifically from work obtained by either husband or wife following marriage that may be considered in states having a Local community property program to belong to equally spouses as undivided just one-fifty percent interests
of your Company : property belonging to a particular human being — skilled terminable curiosity property : property passing to a surviving wife or husband that qualifies to the marital deduction In the event the executor so elects furnishing the spouse is entitled to get revenue in payments made not less than every year for life Which no-one has a power to appoint any Section of the property to any person in addition to the surviving wife or husband
see also antenuptial settlement Observe: In most states, on divorce marital property is divided Based on just what the court docket decides is equitable. — movable property : property (as own property or crops) that could be moved — individual property : property (for a car) that is definitely movable but not which includes crops or other resources however 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 nonetheless attached to or in the land or advancements or fixtures permanently connected into the land or perhaps a framework on In addition it : an interest, reward, appropriate, or privilege in these types of property
known as also immovable property — individual property : property of the wife or husband that's not community property or marital property Primarily : property acquired by a husband or wife right before relationship or separately during relationship (as by reward or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic price as a consequence of it the coverage policy limited property damage coverage to tangible property
These illustrations are programmatically compiled from several on line sources For instance existing utilization on the phrase 'property.' Any thoughts expressed during the illustrations do not stand for All those of Merriam-Webster or its editors. Send out us opinions about these examples.
— marital property : property acquired by either partner in the course of the system of the relationship that is subject to division upon divorce
see also asset, estate, interest sense one, possession perception 1e — deserted property : property to which the proprietor has relinquished all legal rights Observe: When property is deserted, the proprietor offers up the acceptable expectation of privateness about it. The finder of deserted property is entitled to maintain it, and also a law enforcement officer may possibly just take possession of abandoned property as evidence without violating the ensure against unreasonable searches and seizures within the Fourth Amendment for the U.S. Constitution. — following-obtained property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that is generally considered part of the individual bankruptcy estate : property obtained following the perfection of a lien or security desire Primarily : these property obtained following the creation of the lien or protection fascination that is certainly here matter for the lien or turns into collateral for the security desire : property transferred on the estate of a decedent following execution of the will — typical property : property owned or used by multiple occasion especially : property owned or leased by tenants in typical
ownership in indivision at possession Be aware: The states having Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry particularly, in the civil regulation of Louisiana : tracts of land with their element parts — intangible property : property (for a inventory certificate or Experienced license) that derives price not from its intrinsic physical mother nature but from what it represents — mental property
of not conducting warmth character applies to a peculiar and exclusive top quality of a matter or a category.
a : a quality or trait belonging and particularly peculiar to a person or factor b : an outcome that an item has on An additional item or about the senses c : virtue feeling 2 d : an attribute prevalent to all users of a class
a : something owned or possessed specially : a piece of real estate b : the special proper to have, get pleasure from, and dispose of a detail : ownership c : a little something to which someone or business provides a legal title d : one particular (such as a performer) that is under deal and whose function is very beneficial e : a reserve or script obtained for publication or production
property implies a attribute that belongs to some matter's important character and may be employed to explain a type or species.
see also QTIP belief at believe in Observe: Under federal tax legislation the property must be included in the gross estate of your surviving partner at her or his own Loss of life, wherever it's subject matter to taxation.