The best Side of property

common property Local community property mental property own property property injury property problems insurance coverage property appropriate property tax community property

Evaluate tenancy in popular at tenancy — Neighborhood property : property held jointly by partner and wife specifically : property Specially from employment obtained by either husband or wife following relationship which is considered in states possessing a Group property program to belong to both of those spouses as undivided one particular-50 % passions

of the corporation : property belonging to a selected particular person — capable terminable curiosity property : property passing to the surviving husband or wife that qualifies for the marital deduction In case the executor so elects providing which the husband or wife is entitled to acquire cash flow in payments built at the least annually for life Which no-one has an influence to appoint any Portion of the property to anyone apart from the surviving husband or wife

see also antenuptial agreement Observe: In most states, upon divorce marital property is split Based on just what the court decides is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (as 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 sources even now hooked up to or inside the land or enhancements or fixtures forever attached on the land or a construction on What's more, it : an interest, advantage, suitable, or privilege in such property

referred to as also immovable property — individual property : property of the spouse that is not Neighborhood property or marital property In particular : property acquired by a partner in advance of relationship or individually for the duration of marriage (as by gift or normally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial worth as a consequence of it the insurance policies coverage restricted property injury coverage to tangible property

These examples are programmatically compiled from different on the web resources As an instance latest use of your word 'property.' Any thoughts expressed within the examples don't symbolize People of Merriam-Webster or its editors. Ship us opinions about these illustrations.

— marital property : property obtained by either partner throughout the training course of a marriage which is topic to division upon divorce

see also asset, estate, interest sense one, possession feeling 1e — abandoned property : property to which the proprietor has relinquished all rights Be aware: When property is abandoned, the owner presents up the reasonable expectation of privacy regarding it. The finder of abandoned property is entitled to keep it, and a police officer may choose possession of deserted property as evidence without having violating the ensure towards unreasonable searches and seizures during the Fourth Modification to your U.S. Structure. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that's usually regarded as Element of the bankruptcy estate : property acquired after the perfection of a lien or safety curiosity Specially : these 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 curiosity : property transferred for the estate of a decedent soon after execution on the will — widespread property : property owned or utilized by multiple occasion specially : property owned or leased by tenants in popular

possession in indivision at possession Take note: The states owning Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specifically, in the civil law of Louisiana : tracts of land with their component parts — intangible property : property (as 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 exclusive good quality of a issue or a category.

a : a high quality or trait belonging and particularly peculiar to a person or factor b : an result that an item has on One more object or about the senses c : virtue perception two d : an attribute typical to all users of a class

a : a little something owned or possessed exclusively : a piece of real estate b : the distinctive ideal to have, delight in, and get rid of a issue : ownership c : one thing to which an individual or company features a legal title d : a person (for instance a performer) that is beneath agreement and whose function is especially valuable e : a reserve or script ordered for publication or generation

property implies a characteristic that belongs to a thing's critical mother nature and should be employed to describe a sort or species.

see also QTIP belief at rely on Notice: Beneath federal tax law the property must be A part of the gross estate with the surviving husband or more info wife at their own Dying, wherever it truly is matter to taxation.

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