frequent property community property mental property private property property damage property destruction insurance policies property ideal property tax community property
Evaluate tenancy in prevalent at tenancy — Neighborhood property : property held jointly by partner and spouse specifically : property In particular from work obtained by possibly partner after relationship that's considered in states possessing a Group property program to belong to both spouses as undivided one particular-half pursuits
from the Company : property belonging to a selected particular person — qualified terminable fascination property : property passing to a surviving husband or wife that qualifies for the marital deduction In case the executor so elects providing the wife or husband is entitled to obtain money in payments created at least every year for all times and that not one person has a power to appoint any Component of the property to any person aside from the surviving wife or husband
see also antenuptial arrangement Be aware: For most states, upon divorce marital property is split In keeping with what the courtroom decides is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (as a motor vehicle) that is definitely movable although not which includes crops or other means nonetheless connected to land : property other than real property a tax on the private property
— real property : property consisting of land, properties, crops, or other assets nevertheless hooked up to or within the land or enhancements or fixtures permanently attached towards the land or maybe a structure on In addition, it : an fascination, reward, correct, or privilege in these kinds of property
termed also immovable property — independent property : property of the wife or husband that is not Local community property or marital property Primarily : property acquired by a wife or husband prior to marriage or independently all through marriage (as by present or generally by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial price due to it the insurance policies plan limited property harm coverage to tangible property
These illustrations are programmatically compiled from many on-line resources As an instance current usage on the term 'property.' Any viewpoints 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 over the system of the marriage that's matter to here division on divorce
see also asset, estate, desire sense 1, possession feeling 1e — abandoned property : property to which the proprietor has relinquished all legal rights Note: When property is abandoned, the proprietor provides up the acceptable expectation of privateness about it. The finder of abandoned property is entitled to keep it, in addition to a police officer might get possession of deserted property as proof without the need of violating the guarantee against unreasonable searches and seizures inside the Fourth Modification to your U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy situation and that is normally considered Component of the individual bankruptcy estate : property obtained after the perfection of a lien or security interest Specifically : these kinds of property obtained following the development of the lien or protection desire that may be subject to the lien or gets to be collateral for the security curiosity : property transferred for the estate of a decedent right after execution in the will — widespread property : property owned or utilized by multiple social gathering particularly : property owned or leased by tenants in prevalent
ownership in indivision at possession Notice: The states owning Neighborhood property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry particularly, during the civil regulation of Louisiana : tracts of land with their element parts — intangible property : property (for a stock certification or Specialist license) that derives worth not from its intrinsic physical character but from what it represents — mental property
of not conducting warmth character applies to a peculiar and exclusive good quality of a matter or a class.
a : an outstanding or trait belonging and especially peculiar to someone or factor b : an influence that an object has on One more item or around the senses c : advantage perception 2 d : an attribute prevalent to all members of a category
a : some thing owned or possessed precisely : a piece of real estate b : the exceptional right to possess, love, and get rid of a detail : ownership c : a little something to which anyone or business enterprise contains a lawful title d : just one (like a performer) who's below contract and whose work is very important e : a e book or script acquired for publication or creation
property implies a characteristic that belongs to your issue'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 need to be included in the gross estate from the surviving spouse at his / her have Demise, in which it's subject to taxation.