Not known Facts About property
Not known Facts About property
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popular property Neighborhood property mental property personalized property property destruction property hurt insurance policies property proper property tax public property
Assess tenancy in common at tenancy — Neighborhood property : property held jointly by partner and wife exclusively : property In particular from work acquired by either wife or husband right after marriage that may be deemed in states possessing a Neighborhood property procedure to belong to each spouses as undivided a single-50 % interests
on the corporation : property belonging to a certain man or woman — qualified terminable curiosity property : property passing into a surviving wife or husband that qualifies for the marital deduction In the event the executor so elects furnishing which the partner is entitled to get earnings in payments manufactured a minimum of every year for life and that no one has a power to appoint any Section of the property to anyone aside from the surviving partner
see also antenuptial settlement Note: In many states, on divorce marital property is split As outlined by what the court docket determines is equitable. — movable property : property (as personalized property or crops) which might be moved — private property : property (for a car) that is definitely movable although not which includes crops or other assets however hooked up to land : property other than real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other methods however hooked up to or inside the land or enhancements or fixtures forever hooked up towards the land or even a framework on What's more, it : an desire, profit, proper, or privilege in this kind of property
identified as also immovable property — individual property : property of the wife or husband that is not Group property or marital property Particularly : property obtained by a wife or husband prior to marriage or independently during marriage (as by present or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic value on account of it the insurance coverage limited property destruction coverage to tangible property
These examples are programmatically compiled from many on-line resources As an instance current usage in the term 'property.' Any viewpoints expressed within the examples will not stand for those of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property acquired by either partner during the training course of the relationship that may be topic to division upon divorce
see also asset, estate, interest sense one, possession sense 1e — deserted property : property to which the proprietor has relinquished all rights Notice: When property is deserted, the owner offers up the realistic expectation of privateness relating to it. The finder of deserted property is entitled to help keep it, as well as a law enforcement officer may perhaps acquire possession of deserted property as evidence with no violating the promise from unreasonable queries and seizures from the Fourth Modification on the U.S. Structure. — right after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the personal bankruptcy scenario and that is generally regarded as A part of the bankruptcy estate : property obtained once the perfection of the lien or safety curiosity Specifically : this sort of property acquired after the generation of the lien or protection fascination that is certainly matter for the lien or gets to be collateral for the security desire : property transferred into the estate of the decedent soon after execution from the will — typical property : property owned or used by multiple occasion specially : property owned or leased by tenants in widespread
ownership in indivision at ownership Observe: The states possessing Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry particularly, during the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (being a stock certification or Expert license) that derives price not from its intrinsic Actual physical mother nature but from what it signifies — mental property
of not conducting warmth character relates to a peculiar and exclusive excellent of the issue or a category.
a : a top quality or trait belonging and especially peculiar to a person or point b : an impact that an object has on An additional object or on the senses c : virtue perception two d : an attribute popular to all users of a category
a : a thing owned or possessed specially : a bit of real estate b : the distinctive appropriate to possess, take pleasure in, and dispose of a factor : ownership c : something to which anyone click here or business enterprise provides a lawful title d : one particular (like a performer) who's underneath contract and whose work is especially valuable e : a book or script purchased for publication or production
property indicates a attribute that belongs to your issue's necessary mother nature and should be employed to describe a type or species.
see also QTIP believe in at trust Note: Less than federal tax regulation the property must be A part of the gross estate in the surviving husband or wife at his / her personal Loss of life, where by it really is issue to taxation.