prevalent property Neighborhood property mental property own property property hurt property damage coverage property appropriate property tax public property
Review tenancy in frequent at tenancy — Group property : property held jointly by spouse and spouse exclusively : property Particularly from work acquired by possibly partner just after marriage that may be deemed in states aquiring a Local community property system to belong to both equally spouses as undivided one-50 percent pursuits
of the corporation : property belonging to a selected particular person — qualified terminable curiosity property : property passing to the surviving husband or wife that qualifies with the marital deduction In case the executor so elects providing the husband or wife is entitled to receive cash flow 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 settlement Note: In the majority of states, on divorce marital property is divided As outlined by what the courtroom determines is equitable. — movable property : property (as private property or crops) which might be moved — individual property : property (for a vehicle) that is certainly movable although not which includes crops or other methods nonetheless 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 assets continue to attached to or inside the land or improvements or fixtures forever attached for the land or simply a structure on Furthermore, it : an fascination, advantage, suitable, or privilege in these kinds of property
called 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 partner in advance of 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 financial value thanks to it the insurance policy coverage limited property damage protection to tangible property
These illustrations are programmatically compiled from various online sources As an example latest use from the phrase 'property.' Any viewpoints expressed in the examples tend not to signify Individuals of Merriam-Webster or its editors. Ship us opinions about these examples.
— marital property : property acquired by both wife or husband during the training course of the marriage that is certainly topic to division upon divorce
see also asset, estate, interest perception 1, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Note: When property is abandoned, the owner gives up the fair expectation of privateness concerning it. The finder of abandoned property is entitled to maintain it, in addition to a law enforcement officer may well consider possession of abandoned property as evidence devoid of violating the warranty against unreasonable searches and seizures inside the Fourth Amendment on the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy situation and that's commonly thought of part of the bankruptcy estate : property acquired following the perfection of a lien or protection fascination In particular : these kinds of property acquired following the creation of a lien or security fascination that is certainly matter on the lien or results in being collateral for the safety curiosity : property transferred to the estate of a decedent right after execution in the will — frequent property : property owned or utilized by more than one party precisely : property owned or leased by tenants in common
ownership in indivision at possession Be aware: The states having Group property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. read more — immovable property : real property On this entry specifically, inside the civil law of Louisiana : tracts of land with their part components — intangible property : property (like a stock certificate or Skilled 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 distinctive excellent of the thing or a category.
a : a quality or trait belonging and especially peculiar to somebody or detail b : an outcome that an item has on A further item or to the senses c : advantage feeling two d : an attribute frequent to all members of a class
a : anything owned or possessed particularly : a bit of real estate b : the unique ideal to possess, enjoy, and eliminate a point : ownership c : a thing to which a person or small business includes a lawful title d : a single (for instance a performer) that's less than deal and whose operate is particularly important e : a e book or script obtained for publication or creation
property implies a attribute that belongs to some detail's crucial nature and should be employed to explain a type or species.
see also QTIP rely on at believe in Observe: Under federal tax legislation the property need to be included in the gross estate on the surviving husband or wife at his or her very own Dying, in which it truly is issue to taxation.