Not known Facts About property
Not known Facts About property
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popular property Local community property intellectual property private property property problems property harm insurance policy property correct property tax public property
Review tenancy in widespread at tenancy — community property : property held jointly by partner and wife specifically : property Specially from employment obtained by possibly partner just after marriage that is deemed in states having a Local community property program to belong to both spouses as undivided one particular-half pursuits
from the Company : property belonging to a particular man or woman — competent terminable desire property : property passing to some surviving wife or husband that qualifies for your marital deduction If your executor so elects supplying which the spouse is entitled to obtain income in payments manufactured a minimum of every year for all times and that not a soul has a power to appoint any Component of the property to any person aside from the surviving wife or husband
see also antenuptial arrangement Observe: In most states, upon divorce marital property is split Based on exactly what the court decides is equitable. — movable property : property (as particular property or crops) that may be moved — particular property : property (as a automobile) that is movable but not which include crops or other resources nevertheless hooked up to land : property other than real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other means nonetheless connected to or in the land or advancements or fixtures permanently connected on the land or simply a structure on Furthermore, it : an desire, benefit, correct, or privilege in these kinds of property
termed also immovable property — independent property : property of a husband or wife that's not community property or marital property Specifically : property obtained by a husband or wife right before marriage or individually in the course of marriage (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth as a result of it the insurance policies plan limited property harm coverage to tangible property
These examples are programmatically compiled from a variety of on the net resources to illustrate present utilization on the phrase 'property.' Any views expressed during the illustrations do not signify These of Merriam-Webster or its editors. Deliver us comments about these examples.
— marital property : property obtained by possibly husband or wife over the class of the relationship that is subject to division upon divorce
see also asset, estate, curiosity sense 1, possession sense 1e — deserted property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the proprietor offers 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 violating the assure against unreasonable searches and seizures within the Fourth more info Amendment towards the U.S. Constitution. — after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy circumstance and that's commonly viewed as Section of the personal bankruptcy estate : property obtained following the perfection of a lien or protection curiosity Specifically : this sort of property acquired after the generation of the lien or protection curiosity which is matter for the lien or becomes collateral for the safety fascination : property transferred on the estate of a decedent right after execution with the will — prevalent property : property owned or utilized by more than one get together particularly : property owned or leased by tenants in typical
ownership in indivision at possession Notice: The states possessing community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry exclusively, within the civil regulation of Louisiana : tracts of land with their part elements — intangible property : property (to be a inventory certificate or Experienced 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 good quality of a detail or a class.
a : a high quality or trait belonging and particularly peculiar to a person or thing b : an influence that an object has on A further object or on the senses c : advantage sense two d : an attribute frequent to all users of a class
a : something owned or possessed specially : a piece of real estate b : the exceptional correct to have, appreciate, and eliminate a factor : possession c : one thing to which a person or organization features a lawful title d : 1 (for instance a performer) who's less than contract and whose operate is especially worthwhile e : a guide or script ordered for publication or manufacturing
property indicates a characteristic that belongs to your point's necessary nature and should be utilized to explain a type or species.
see also QTIP have faith in at believe in Observe: Under 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 really is issue to taxation.