Not known Details About property

prevalent property Neighborhood property intellectual property personalized property property hurt property problems coverage property ideal property tax general public property

Review tenancy in widespread at tenancy — Neighborhood property : property held jointly by husband and wife exclusively : property Specially from employment obtained by either spouse soon after relationship that's deemed in states using a Group property program to belong to both equally spouses as undivided just one-50 % passions

of your corporation : property belonging to a specific man or woman — skilled terminable interest property : property passing to some surviving partner that qualifies for that marital deduction When the executor so elects delivering which the husband or wife is entitled to obtain money in payments built at the least each year for life Which not a soul has a power to appoint any Component of the property to any person aside from the surviving husband or wife

see also antenuptial settlement Be aware: For most states, on divorce marital property is divided As outlined by what the courtroom establishes is equitable. — movable property : property (as individual property or crops) which might be moved — personal property : property (being a vehicle) that's movable but not which include crops or other resources nonetheless connected to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, properties, crops, or other resources nevertheless attached to or within the land or improvements or fixtures forever hooked up to the land or perhaps a construction on Furthermore, it : an fascination, gain, ideal, or privilege in these types of property

termed also immovable property — separate property : property of a partner that is not Local community property or marital property Specially : property obtained by a wife or husband before relationship or separately all through relationship (as by present or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price because of it the insurance policies plan restricted property harm protection to tangible property

These illustrations are programmatically compiled from several on line resources As an instance recent utilization in the phrase 'property.' Any views expressed from the illustrations never represent Those people of Merriam-Webster or its editors. Mail us feed-back about these illustrations.

— marital property : property obtained by both husband or wife over the study course of the marriage that is certainly subject matter to division upon divorce

see also asset, estate, curiosity feeling 1, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the owner gives up the sensible expectation of privateness relating to it. The finder of deserted property is entitled to maintain it, and a police officer might get possession of deserted property as proof devoid of violating the warranty against unreasonable searches and seizures within the Fourth Amendment for the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy scenario and that is normally viewed as Component of the individual bankruptcy estate : property obtained once the perfection of a lien or safety curiosity Specifically : such property obtained following the creation of a lien or stability curiosity which is issue into the lien read more or results in being collateral for the safety curiosity : property transferred for the estate of a decedent just after execution with the will — widespread property : property owned or utilized by more than one occasion particularly : property owned or leased by tenants in common

possession in indivision at ownership Note: The states owning Group property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry specifically, from the civil law of Louisiana : tracts of land with their part elements — intangible property : property (as a inventory certificate or Experienced license) that derives worth not from its intrinsic physical character but from what it represents — intellectual property

of not conducting warmth character applies to a peculiar and distinctive good quality of a matter or a class.

a : an excellent or trait belonging and especially peculiar to somebody or point b : an outcome that an object has on A different object or over the senses c : virtue feeling two d : an attribute widespread to all users of a class

a : a little something owned or possessed exclusively : a bit of real estate b : the unique ideal to possess, love, and get rid of a thing : possession c : something to which somebody or company incorporates a legal title d : just one (such as a performer) that is under agreement and whose do the job is particularly important e : a guide or script acquired for publication or output

property implies a characteristic that belongs to some detail's necessary character and will 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 wife at their own Dying, wherever it truly is matter to taxation.

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