prevalent property Local community property intellectual property private property property injury property harm insurance policy property proper property tax public property
Look at tenancy in prevalent at tenancy — Local community property : property held jointly by spouse and wife precisely : property Primarily from employment acquired by possibly partner following relationship which is deemed in states aquiring a Local community property program to belong to both spouses as undivided a person-50 percent interests
of your corporation : property belonging to a selected man or woman — experienced terminable interest property : property passing to the surviving partner that qualifies for the marital deduction If your executor so elects offering that the partner is entitled to receive cash flow in payments produced not less than every year for life and that no one has a power to appoint any part of the property to anyone other than the surviving wife or husband
see also antenuptial arrangement Take note: In many states, on divorce marital property is split In accordance with just what the courtroom establishes is equitable. — movable property : property (as individual property or crops) which might be moved — individual property : property (for a car) that may be movable but not like crops or other resources even now hooked up to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other methods still connected to or throughout the land or advancements or fixtures forever attached towards the land or possibly a framework on What's more, it : an curiosity, advantage, appropriate, or privilege in these kinds of property
named also immovable property — individual property : property of the partner that isn't Neighborhood property or marital property especially : property obtained by a husband or wife before relationship or individually through marriage (as by present or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic value as a result of it the insurance policies policy restricted property problems coverage to tangible property
These examples are programmatically compiled from a variety of on line sources For example present utilization with the word 'property.' Any opinions expressed within the examples usually do not depict People of Merriam-Webster or its editors. Send out us responses about these illustrations.
— marital property : property obtained by both husband or wife during the training course of the relationship that may be issue to division on divorce
see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the operator presents up the fair expectation of privateness regarding it. The finder of abandoned property is entitled to keep it, and a law enforcement officer may well get possession of deserted property as proof without the need of violating the guarantee towards unreasonable queries and seizures while in the Fourth Modification to your U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that's normally regarded A part of the bankruptcy estate : property obtained once the perfection of the lien or safety fascination In particular : these kinds of property acquired following the creation of a lien or stability fascination that is certainly matter to the lien or will become collateral for the safety curiosity : property transferred to the estate of the decedent soon after execution of the will — typical property : property owned or more info used by more than one get together especially : property owned or leased by tenants in popular
possession in indivision at ownership Note: The states owning Local community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specially, while in the civil law of Louisiana : tracts of land with their component sections — intangible property : property (to be a stock certification or Experienced license) that derives benefit 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 distinct excellent of the detail or a category.
a : a high quality or trait belonging and particularly peculiar to an individual or detail b : an result that an object has on One more item or about the senses c : virtue sense two d : an attribute typical to all customers of a class
a : a little something owned or possessed exclusively : a piece of real estate b : the exceptional correct to have, take pleasure in, and eliminate a issue : possession c : a little something to which an individual or small business incorporates a legal title d : just one (for instance a performer) who's less than contract and whose work is especially valuable e : a reserve or script procured for publication or production
property indicates a attribute that belongs to the thing's crucial character and should be made use of to describe a kind or species.
see also QTIP belief at believe in Notice: Less than federal tax law the property has to be A part of the gross estate from the surviving husband or wife at his / her personal Demise, where it truly is issue to taxation.