widespread property Neighborhood property intellectual property personal property property destruction property problems insurance plan property appropriate property tax community property
Evaluate tenancy in common at tenancy — Group property : property held jointly by spouse and wife specifically : property Primarily from work acquired by possibly partner just after marriage that may be deemed in states possessing a community property program to belong to both of those spouses as undivided a single-half pursuits
on the corporation : property belonging to a certain particular person — qualified terminable fascination property : property passing to some surviving spouse that qualifies for that marital deduction In the event the executor so elects providing the spouse is entitled to get earnings in payments built at the least yearly for all times and that not a soul has a power to appoint any Section of the property to any person besides the surviving spouse
see also antenuptial settlement Be aware: For most states, upon divorce marital property is split Based on just what the courtroom establishes is equitable. — movable property : property (as private property or crops) which might be moved — personalized property : property (as a motor vehicle) that's movable although not including crops or other assets still connected to land : property other than real property a tax on the private property
— real property : property consisting of land, properties, crops, or other sources continue to attached to or in the land or advancements or fixtures permanently connected into the land or even a composition on Additionally, it : an fascination, benefit, proper, or privilege in these types of property
referred to as also immovable property — different property : property of a partner that's not Group property or marital property Particularly : property acquired by a husband or wife before marriage or independently all through marriage (as by gift or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth thanks to it the insurance coverage plan limited property injury protection to tangible property
These illustrations are programmatically compiled from several on the internet resources As an example current usage on the phrase 'property.' Any opinions expressed during the illustrations do not stand for These of Merriam-Webster or its editors. Ship us opinions about these illustrations.
— marital property : property obtained by either partner during the system of the relationship that may be topic to division upon divorce
see also asset, estate, curiosity feeling one, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Take note: When property is abandoned, the owner gives up the reasonable expectation of privacy regarding it. The finder of abandoned property is entitled to help keep it, and also a law enforcement officer may well acquire possession of deserted property as proof devoid of violating the assurance against unreasonable searches and seizures in the Fourth Amendment to the U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy circumstance and that's commonly viewed as Component of the personal bankruptcy estate : property obtained following the perfection of a lien or safety interest Primarily : these types of property obtained following the development of a lien or stability desire that may be subject matter on the lien or becomes collateral for the security fascination : property transferred on the estate of a decedent right after execution from the will — common property : property owned or employed by multiple get together particularly : property owned or leased by tenants in typical
ownership in indivision at possession Notice: The states possessing community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specially, while in the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (for a stock certification or Experienced license) that derives price not from its intrinsic physical mother nature but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and distinctive high-quality of the factor or a category.
a : an outstanding or trait belonging and especially peculiar to somebody or issue b : an impact that an item has on An additional item or to the senses c : virtue perception 2 d website : an attribute popular to all customers of a class
a : a little something owned or possessed specially : a piece of real estate b : the exceptional proper to have, get pleasure from, and dispose of a matter : ownership c : a thing to which someone or business provides a legal title d : just one (such as a performer) that's beneath deal and whose perform is very useful e : a reserve or script obtained for publication or output
property implies a attribute that belongs to a point's critical character and could be employed to explain a type or species.
see also QTIP rely on at trust Notice: Less than federal tax law the property have to be A part of the gross estate from the surviving husband or wife at his or her very own Dying, exactly where it can be subject to taxation.