prevalent property Neighborhood property intellectual property private property property injury property injury insurance property suitable property tax general public property
Assess tenancy in frequent at tenancy — community property : property held jointly by husband and wife specifically : property Primarily from employment acquired by either wife or husband just after relationship which is deemed in states having a Local community property program to belong to both of those spouses as undivided 1-50 percent passions
in the Company : property belonging to a certain particular person — certified terminable desire property : property passing to your surviving wife or husband that qualifies to the marital deduction if the executor so elects providing which the husband or wife is entitled to receive money in payments manufactured at the least yearly for all times and that no-one has a power to appoint any Component of the property to any person in addition to the surviving husband or wife
see also antenuptial agreement Take note: In many states, on divorce marital property is divided As outlined by exactly what the court docket decides is equitable. — movable property : property (as personal property or crops) that could be moved — individual property : property (to be a automobile) that may be movable but not including crops or other means even now attached to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other resources nevertheless hooked up to or inside the land or advancements or fixtures permanently hooked up for the land or a construction on In addition it : an interest, reward, ideal, or privilege in this sort of property
termed also immovable property — separate property : property of the wife or husband that isn't Local community property or marital property In particular : property obtained by a spouse ahead of relationship or individually in the course of relationship (as by reward or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value as a result of it the coverage policy limited property destruction coverage to tangible property
These examples are programmatically compiled from a variety of on line sources For instance present utilization with the term 'property.' Any opinions expressed inside the illustrations never represent These of Merriam-Webster or its editors. Ship us responses about these illustrations.
— marital property : property obtained by either partner through the class of a marriage which is matter to division upon divorce
see also asset, estate, curiosity feeling one, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Be aware: When property is abandoned, the proprietor provides up the affordable expectation of privacy regarding it. The finder of abandoned property is entitled to help keep it, plus a law enforcement officer may possibly acquire possession of deserted property as proof without violating the assure towards unreasonable searches and seizures within the Fourth Amendment towards the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy case and that is typically deemed Portion of the personal bankruptcy estate : property acquired once the perfection of the lien or safety desire Particularly : these kinds of property acquired after the creation of a lien or stability desire that is definitely subject matter on the lien or turns into collateral for the security interest : property read more transferred to the estate of the decedent just after execution with the will — widespread property : property owned or used by more than one bash specially : property owned or leased by tenants in widespread
ownership in indivision at possession Observe: The states possessing community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry precisely, from the civil law of Louisiana : tracts of land with their component sections — intangible property : property (like a inventory certificate or Specialist license) that derives value 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 good quality of a thing or a category.
a : a high quality or trait belonging and particularly peculiar to someone or factor b : an outcome that an object has on another item or around the senses c : advantage feeling two d : an attribute widespread to all members of a class
a : a little something owned or possessed exclusively : a piece of real estate b : the exceptional correct to have, take pleasure in, and eliminate a issue : ownership c : a thing to which anyone or organization features a authorized title d : 1 (for instance a performer) who's under agreement and whose work is particularly beneficial e : a e book or script bought for publication or generation
property implies a characteristic that belongs to the factor's necessary nature and will be made use of to describe a sort or species.
see also QTIP trust at have confidence in Take note: Below federal tax regulation the property should be A part of the gross estate of the surviving partner at his / her personal Demise, where by it's subject matter to taxation.