common property Neighborhood property intellectual property particular property property injury property damage insurance plan property proper property tax public property
Assess tenancy in typical at tenancy — Local community property : property held jointly by husband and spouse especially : property especially from work acquired by possibly husband or wife following relationship that's considered in states possessing a Group property program to belong to both of those spouses as undivided one particular-half passions
of the corporation : property belonging to a particular particular person — qualified terminable fascination property : property passing to the surviving partner that qualifies with the marital deduction In the event the executor so elects providing that the husband or wife is entitled to receive cash flow in payments produced no less than yearly for all times and that not a soul has a power to appoint any Component of the property to any person besides the surviving spouse
see also antenuptial settlement Be aware: For most states, upon divorce marital property is divided In keeping with exactly what the court docket determines is equitable. — movable property : property (as particular property or crops) that can be moved — personalized property : property (to be a automobile) that may be movable but not like crops or other resources nevertheless hooked up to land : property other than real property a tax on the private property
— real property : property consisting of land, properties, crops, or other resources nevertheless hooked up to or throughout the land or improvements or fixtures forever connected to your land or a construction on In addition it : an desire, advantage, appropriate, or privilege in these types of property
termed also immovable property — independent property : property of the spouse that is not Neighborhood property or marital property Specially : property obtained by a husband or wife before marriage or independently all through marriage (as by present or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price thanks to it the insurance coverage coverage limited property destruction coverage to tangible property
These examples are programmatically compiled from several on line sources For instance existing utilization on the phrase '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 both husband or wife in the course of a marriage that is definitely issue to division upon divorce
see also asset, estate, curiosity perception one, possession perception 1e — deserted property : property to which the proprietor has relinquished all rights Observe: When property is deserted, the owner gives up the sensible expectation of privateness relating to it. The finder of deserted property is entitled to maintain it, along with a police officer could just take possession of deserted property as proof without violating the assure in opposition to unreasonable queries and seizures from the Fourth Modification to your U.S. Structure. — soon after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy case and that is usually thought of Section of the individual bankruptcy estate : property obtained after the perfection of a lien or stability interest Particularly : this kind of property acquired 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 soon after execution on the will — prevalent property : property owned or employed by multiple occasion precisely : property owned or leased by tenants in popular
possession in indivision at possession Take note: The states having community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, inside the civil legislation of Louisiana : tracts of land with their element elements — intangible property : property (like a stock certificate or Expert license) that derives value not from its intrinsic physical nature but from what it represents — mental property
of not conducting heat character relates to a peculiar and unique quality of the factor or a class.
a : a high quality or trait belonging and especially peculiar to an individual or thing b : an effect that an object has on another object or within the senses c : advantage feeling 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 exclusive suitable to have, enjoy, and eliminate a detail : possession c : a thing to which read more somebody or small business provides a authorized title d : a single (like a performer) that's below deal and whose function is very useful e : a reserve or script procured for publication or output
property indicates a attribute that belongs to some factor's essential mother nature and could be applied to explain a kind or species.
see also QTIP believe in at trust Take note: Less than federal tax legislation the property has to be included in the gross estate from the surviving spouse at his / her individual Demise, in which it's subject to taxation.