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frequent property Group property mental property private property property damage property problems insurance policies property correct property tax general public property
Examine tenancy in common at tenancy — Local community property : property held jointly by husband and spouse particularly : property Primarily from work obtained by both spouse following marriage that is deemed in states having a Local community property method to belong to both equally spouses as undivided 1-50 % interests
with the corporation : property belonging to a selected individual — skilled terminable curiosity property : property passing to your surviving partner that qualifies for that marital deduction When the executor so elects giving that the spouse is entitled to obtain money in payments created at least every year for all times and that not a soul has a power to appoint any Element of the property to any person besides the surviving spouse
see also antenuptial arrangement Note: In the majority of states, on divorce marital property is divided In keeping with exactly what the court docket determines is equitable. — movable property : property (as personalized property or crops) which might be moved — private property : property (to be a car) that is definitely movable but not which includes crops or other methods still connected to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, properties, crops, or other resources even now hooked up to or within the land or advancements or fixtures completely hooked up to your land or simply a composition on Additionally, it : an curiosity, advantage, correct, or privilege in this kind of property
called also immovable property — individual property : property of the partner that isn't Local community property or marital property In particular : property obtained by a spouse prior to marriage or separately during relationship (as by present or normally by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic worth as a result of it the insurance plan plan limited property harm protection to tangible property
These illustrations are programmatically compiled from various on-line resources As an instance latest utilization in the term 'property.' Any opinions expressed inside the examples never represent These of Merriam-Webster or its editors. Ship us feedback about these examples.
— marital property : property acquired by either spouse through the training course of a relationship that may be subject matter to division upon divorce
see also asset, estate, interest sense one, possession perception 1e — deserted property : property to which the proprietor has relinquished all rights Note: When property here is deserted, the owner presents up the acceptable expectation of privacy concerning it. The finder of deserted property is entitled to help keep it, as well as a law enforcement officer may well get possession of abandoned property as evidence with out violating the assure towards unreasonable searches and seizures during the Fourth Modification on the U.S. Structure. — following-obtained property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy case and that's normally regarded as Component of the individual bankruptcy estate : property obtained once the perfection of the lien or stability fascination In particular : these property acquired after the creation of the lien or stability desire that is definitely subject matter on the lien or gets collateral for the security interest : property transferred to the estate of the decedent immediately after execution on the will — widespread property : property owned or utilized by more than one occasion exclusively : property owned or leased by tenants in frequent
ownership in indivision at possession Take note: The states owning Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry especially, during the civil legislation of Louisiana : tracts of land with their component parts — intangible property : property (as being a stock certification or Skilled license) that derives value not from its intrinsic Bodily nature but from what it signifies — intellectual property
of not conducting heat character relates to a peculiar and unique quality of the issue or a class.
a : an excellent or trait belonging and especially peculiar to somebody or matter b : an effect that an object has on another object or over the senses c : virtue perception 2 d : an attribute widespread to all members of a class
a : something owned or possessed specially : a piece of real estate b : the special proper to have, delight in, and dispose of a matter : ownership c : something to which somebody or company provides a legal title d : a person (like a performer) that is below deal and whose work is very beneficial e : a e book or script bought for publication or output
property implies a characteristic that belongs into a thing's crucial mother nature and will be made use of to explain a type or species.
see also QTIP rely on at have confidence in Take note: Beneath federal tax regulation the property should be A part of the gross estate of the surviving husband or wife at his / her very own Demise, exactly where it can be topic to taxation.