typical property community property mental property own property property injury property damage coverage property appropriate property tax public property
Review tenancy in frequent at tenancy — Group property : property held jointly by spouse and spouse specially : property Particularly from work acquired by possibly partner after relationship that's considered in states having a Local community property method to belong to both equally spouses as undivided 1-50 % interests
with the corporation : property belonging to a certain individual — skilled terminable curiosity property : property passing to the surviving wife or husband that qualifies to the marital deduction Should the executor so elects offering which the partner is entitled to acquire earnings in payments designed at the very least on a yearly basis for life Which no one has an influence to appoint any part of the property to any person in addition to the surviving partner
see also antenuptial settlement Note: In the majority of states, on divorce marital property is divided As outlined by just what the court decides is equitable. — movable property : property (as own property or crops) that may be moved — own property : property (like a car or truck) that's movable although not together with crops or other sources however attached 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 in the land or advancements or fixtures permanently connected to the land or even a composition on Additionally, it : an fascination, profit, suitable, or privilege in such property
referred to as also immovable property — different property : property of a wife or husband that's not community property or marital property Specially : property obtained by a spouse ahead of relationship or individually in the course of relationship (as by gift or usually by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth as a consequence of it the insurance coverage limited property destruction coverage to tangible property
These examples are programmatically compiled from several on line sources As an example latest use from the phrase 'property.' Any views expressed during the examples usually do not depict Those people of Merriam-Webster or its editors. Send us comments about these illustrations.
— marital property : property obtained by either spouse through the study course of a marriage which is matter to division on divorce
see also asset, estate, desire sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all rights Take note: When property is abandoned, the owner provides up the acceptable expectation of privateness concerning it. The finder of abandoned property is entitled to help keep it, and also a law enforcement officer may consider possession of abandoned property as evidence with no violating the assurance versus unreasonable searches and seizures within the Fourth Amendment on the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy case and that is typically regarded Component of the individual bankruptcy estate : property obtained once the perfection of a lien or security curiosity Specifically : these kinds of property obtained once the generation of the lien or stability desire that is subject towards the lien or gets to be collateral for the security fascination : property transferred to your estate of the decedent immediately after execution with the will — popular property : property owned or employed by multiple party specifically : property owned or leased by tenants in typical
ownership in indivision at ownership Be aware: The states possessing Local community property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry precisely, in the civil law of Louisiana : tracts of land with their component components — intangible property : property (as being a stock certificate or Expert license) that derives worth not from its intrinsic Bodily nature but from what it represents — intellectual property
of not conducting heat character applies to a peculiar get more info and distinctive quality of a thing or a class.
a : a top quality or trait belonging and especially peculiar to a person or point b : an influence that an object has on One more object or to the senses c : virtue perception 2 d : an attribute widespread to all members of a class
a : something owned or possessed exclusively : a piece of real estate b : the distinctive right to have, delight in, and get rid of a detail : ownership c : one thing to which anyone or company provides a legal title d : a single (like a performer) that is under deal and whose function is particularly useful e : a ebook or script purchased for publication or creation
property indicates a characteristic that belongs to some factor's necessary nature and should be made use of to describe a kind or species.
see also QTIP belief at have confidence in Observe: Under federal tax legislation the property need to be A part of the gross estate in the surviving wife or husband at his / her very own Demise, where it truly is subject matter to taxation.