common 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 especially : property Primarily from employment obtained by either husband or wife following relationship which is considered in states getting a community property technique to belong to each spouses as undivided just one-fifty percent pursuits
from the Company : property belonging to a specific man or woman — certified terminable fascination property : property passing to some surviving husband or wife that qualifies for the marital deduction If your executor so elects supplying 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 Component of the property to any person apart from the surviving partner
see also antenuptial settlement Note: For most states, upon divorce marital property is split Based on exactly what the court decides is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (being a auto) that's movable although not which include crops or other sources however 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 means nonetheless connected to or throughout the land or improvements or fixtures completely hooked up towards the land or possibly a composition on Additionally, it : an fascination, benefit, proper, or privilege in these property
called also immovable property — individual property : property of the spouse that isn't Local community property or marital property Primarily : property acquired by a husband or wife right before marriage or independently through marriage (as by gift or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price thanks to it the insurance coverage plan limited property damage coverage to tangible property
These illustrations are programmatically compiled from different online sources As an instance current usage on the term 'property.' Any opinions expressed within the examples will not stand for These of Merriam-Webster or its editors. Ship us opinions about these illustrations.
— marital property : property acquired by either partner in the course of the class of a marriage which is subject matter to division on divorce
see also asset, estate, interest sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all rights Be aware: When property is abandoned, the proprietor offers up the acceptable expectation of privateness concerning it. The finder of abandoned property is entitled to help keep it, plus a law enforcement officer may perhaps take possession of abandoned property as evidence without having violating the promise from unreasonable lookups click here and seizures in the Fourth Amendment towards the U.S. Constitution. — right after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy circumstance and that is generally deemed Portion of the personal bankruptcy estate : property obtained once the perfection of a lien or security interest Particularly : this sort of property acquired following the development of the lien or stability desire that may be issue to the lien or gets to be collateral for the security interest : property transferred towards the estate of a decedent right after execution in the will — frequent property : property owned or utilized by multiple social gathering exclusively : property owned or leased by tenants in prevalent
possession in indivision at possession Observe: The states acquiring Local 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 element areas — intangible property : property (being a stock certificate or Skilled license) that derives worth not from its intrinsic Bodily mother nature but from what it represents — mental property
of not conducting heat character applies to a peculiar and distinctive high quality of a factor or a class.
a : a quality or trait belonging and especially peculiar to an individual or thing b : an outcome that an item has on A further item or to the senses c : advantage feeling 2 d : an attribute frequent to all associates of a class
a : something owned or possessed exclusively : a piece of real estate b : the distinctive proper to possess, appreciate, and dispose of a detail : possession c : a thing to which somebody or small business incorporates a authorized title d : a single (such as a performer) who is less than deal and whose get the job done is particularly useful e : a e-book or script bought for publication or production
property indicates a attribute that belongs into a point's crucial nature and may be made use of to explain a kind or species.
see also QTIP have confidence in at believe in Note: Less than federal tax regulation the property have to be included in the gross estate from the surviving spouse at his / her individual Loss of life, exactly where it is issue to taxation.