Top property Secrets
Top property Secrets
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typical property Local community property mental property individual property property damage property hurt insurance policy property right property tax general public property
Evaluate tenancy in widespread at tenancy — community property : property held jointly by spouse and spouse exclusively : property Particularly from work obtained by both spouse immediately after marriage that is considered in states possessing a community property process to belong to both spouses as undivided one-50 percent interests
on the corporation : property belonging to a certain individual — capable terminable fascination property : property passing to some surviving wife or husband that qualifies for that marital deduction Should the executor so elects offering which the partner is entitled to acquire revenue in payments made at the least annually for life and that not one person has an influence to appoint any part of the property to anyone other than the surviving spouse
see also antenuptial agreement Notice: In the majority of states, on divorce marital property is split In keeping with just what the court docket establishes is equitable. — movable property : property (as own property or crops) which might be moved — personal property : property (as a vehicle) that is movable but not including crops or other resources still hooked up to land : property besides 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 possibly a construction on What's more, it : an curiosity, gain, correct, or privilege in this kind of property
referred to as also immovable property — different property : property of a partner that isn't Group property or marital property Specifically : property obtained by a spouse ahead of relationship or separately during marriage (as by gift or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic price as a consequence of it the insurance policy restricted property damage coverage to tangible property
These examples are programmatically compiled from numerous on-line sources For instance existing utilization in the phrase 'property.' Any thoughts expressed within the examples never stand for those of Merriam-Webster or its editors. Send us suggestions about these examples.
— marital property : property acquired by either partner over the course of a marriage that's topic to division upon divorce
see also asset, estate, curiosity feeling 1, possession sense 1e — deserted property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the proprietor provides up the realistic expectation of privacy concerning it. The finder of abandoned property is entitled to keep it, plus a police officer might consider possession of abandoned property as evidence without violating the guarantee versus unreasonable lookups and seizures from the Fourth Modification on the U.S. Constitution. — after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that's commonly viewed as Portion of the bankruptcy estate : property obtained following the perfection of a lien or protection interest Particularly : this sort of property acquired following the development of a lien or security desire that's topic towards click here the lien or becomes collateral for the safety curiosity : property transferred towards the estate of the decedent right after execution from the will — common property : property owned or employed by more than one celebration specifically : property owned or leased by tenants in popular
possession in indivision at ownership Note: The states acquiring Neighborhood property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry specifically, during the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (being a inventory certification or Expert license) that derives benefit not from its intrinsic physical mother nature but from what it represents — mental property
of not conducting warmth character applies to a peculiar and exclusive top quality of the thing or a category.
a : a high quality or trait belonging and especially peculiar to somebody or issue b : an impact that an item has on Yet another item or over the senses c : advantage sense two d : an attribute widespread to all associates of a category
a : anything owned or possessed particularly : a piece of real estate b : the distinctive appropriate to possess, delight in, and get rid of a factor : possession c : a thing to which a person or small business includes a lawful title d : one (for instance a performer) who's less than deal and whose get the job done is particularly useful e : a ebook or script procured for publication or generation
property implies a characteristic that belongs to some point's necessary character and could be utilized to describe a sort or species.
see also QTIP believe in at belief Be aware: Underneath federal tax law the property should be A part of the gross estate from the surviving wife or husband at her or his have Loss of life, in which it really is topic to taxation.