common property Local community property intellectual property particular property property injury property problems insurance plan property proper property tax general public property
Assess tenancy in common at tenancy — Local community property : property held jointly by husband and spouse especially : property Primarily from employment acquired by both spouse right after relationship that is certainly deemed in states getting a community property process to belong to each spouses as undivided just one-fifty percent pursuits
in the Company : property belonging to a specific human being — competent terminable desire property : property passing into a surviving wife or husband that qualifies to the marital deduction if the executor so elects delivering that the partner is entitled to acquire revenue in payments built at the very least annually for life Which no-one has an influence to appoint any A part of the property to anyone other than the surviving husband or wife
see also antenuptial agreement Notice: For 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 being a motor vehicle) that is movable but not such as crops or other methods continue to attached to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other methods still connected to or throughout the land or improvements or fixtures completely hooked up towards the land or maybe a structure on In addition, it : an desire, benefit, proper, or privilege in these types of property
known as also immovable property — individual property : property of the spouse that isn't Local community property or marital property Primarily : property acquired by a husband or wife in advance of marriage or independently through relationship (as by gift or usually by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic value on account of it the coverage policy restricted property hurt protection to tangible property
These examples are programmatically compiled from numerous on the web resources For example present use on the term 'property.' Any viewpoints expressed within the illustrations tend not to characterize All those of Merriam-Webster or its editors. Mail us responses about these illustrations.
— marital property : property acquired by both husband or wife over the course of a marriage that is certainly issue to division upon divorce
see also asset, estate, curiosity feeling one, possession perception 1e — deserted property : property to which the proprietor has relinquished all legal rights Observe: When property is deserted, the owner provides up the realistic expectation of privateness about it. The finder of abandoned property is entitled to keep it, as well as a law enforcement officer may well choose possession of abandoned property as evidence without having violating the promise from unreasonable lookups and seizures during the Fourth Amendment to the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that's usually considered A part of the personal bankruptcy estate : property obtained after the perfection of a lien or security curiosity Specifically : these types of property obtained after the creation of a lien or stability desire that may be issue into the lien or results in being collateral for the safety fascination : property transferred get more info on the estate of a decedent right after execution from the will — typical property : property owned or used by more than one celebration particularly : property owned or leased by tenants in typical
possession in indivision at possession Observe: The states obtaining Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry specifically, during the civil regulation of Louisiana : tracts of land with their part elements — intangible property : property (like a inventory certificate or professional license) that derives price not from its intrinsic Actual physical nature but from what it signifies — intellectual property
of not conducting heat character relates to a peculiar and unique quality of the matter or a class.
a : a high quality or trait belonging and particularly peculiar to someone or point b : an impact that an object has on A different object or around the senses c : advantage feeling 2 d : an attribute prevalent to all associates of a class
a : a thing owned or possessed especially : a piece of real estate b : the special proper to possess, delight in, and get rid of a thing : possession c : one thing to which anyone or small business includes a lawful title d : one particular (such as a performer) who is underneath agreement and whose do the job is particularly important e : a ebook or script procured for publication or manufacturing
property indicates a characteristic that belongs to some matter's critical nature and will be utilised to explain a sort or species.
see also QTIP have confidence in at have faith in Take note: Under federal tax law the property have to be A part of the gross estate from the surviving wife or husband at his or her very own Demise, where it really is issue to taxation.