prevalent property community property mental property particular property property injury property damage coverage property appropriate property tax public property
Review tenancy in typical at tenancy — Group property : property held jointly by spouse and spouse exclusively : property Particularly from work acquired by possibly partner just after relationship that's considered in states aquiring a Neighborhood property system to belong to both equally spouses as undivided 1-50 % interests
of your corporation : property belonging to a certain person — competent terminable fascination property : property passing into a surviving wife or husband that qualifies for the marital deduction In case the executor so elects furnishing the husband or wife is entitled to receive profits in payments made at the least annually for life and that not one person has a power to appoint any Section of the property to anyone aside from the surviving husband or wife
see also antenuptial agreement Be aware: For most states, on divorce marital property is divided As outlined by what the courtroom determines is equitable. — movable property : property (as own property or crops) that may be moved — personalized property : property (to be a automobile) that is definitely movable but not like crops or other means 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 hooked up to or throughout the land or improvements or fixtures completely hooked up to the land or even a framework on In addition it : an desire, benefit, correct, or privilege in this sort of property
referred to as also immovable property — individual property : property of the wife or husband that is not Neighborhood property or marital property In particular : property obtained by a wife or husband prior to marriage or independently through marriage (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit because of it the insurance policy coverage restricted property problems protection to tangible property
These illustrations are programmatically compiled from many on-line sources For instance existing utilization with the term 'property.' Any viewpoints expressed within the examples usually do not symbolize Individuals of Merriam-Webster or its editors. Send out us responses about these examples.
— marital property : property acquired by both wife or husband in the study course of the marriage that's topic to division upon divorce
see also asset, estate, curiosity sense 1, possession feeling 1e — deserted property : property to which the owner has relinquished all rights Notice: When property is deserted, the operator presents up the reasonable expectation of privacy regarding it. The finder of deserted property is entitled to maintain it, as well as a police officer might consider possession of abandoned property as proof with out violating the ensure from unreasonable lookups and seizures in the Fourth Amendment for the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy case and that's ordinarily deemed Section of the individual bankruptcy estate : property obtained after the perfection of a lien or security desire Primarily : these types of property acquired following the generation of the lien or security fascination that may be subject towards the lien or turns into collateral for the security desire : property transferred into the estate of the decedent soon after execution of the will — typical property : property owned or utilized by more than one get together specially : property owned or leased by tenants in frequent
ownership in indivision at possession Observe: The states possessing community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : website real property With this entry especially, within the civil regulation of Louisiana : tracts of land with their part parts — intangible property : property (for a stock certification or Specialist license) that derives worth not from its intrinsic Actual physical nature but from what it represents — mental property
of not conducting heat character relates to a peculiar and exclusive quality of the thing or a category.
a : an excellent or trait belonging and particularly peculiar to a person or thing b : an outcome that an object has on another item or on the senses c : virtue feeling 2 d : an attribute widespread to all members of a category
a : some thing owned or possessed specially : a bit of real estate b : the exceptional suitable to have, get pleasure from, and get rid of a issue : possession c : some thing to which anyone or enterprise has a authorized title d : 1 (like a performer) who's below contract and whose function is especially valuable e : a book or script acquired for publication or output
property implies a attribute that belongs to a matter's essential character and will be utilized to describe a sort or species.
see also QTIP belief at rely on Observe: Underneath federal tax regulation the property has to be A part of the gross estate of the surviving partner at his / her personal Loss of life, the place it is matter to taxation.