popular property Local community property intellectual property individual property property destruction property hurt insurance policies property correct property tax general public property
Assess tenancy in typical at tenancy — Group property : property held jointly by husband and spouse exclusively : property Particularly from work acquired by both spouse immediately after marriage that may be deemed in states aquiring a Local community property method to belong to both of those spouses as undivided one particular-50 % passions
from the Company : property belonging to a particular man or woman — competent terminable desire property : property passing to some surviving husband or wife that qualifies for your marital deduction If your executor so elects supplying the spouse is entitled to obtain earnings in payments built at the least on a yearly basis for all times and that not one person has a power to appoint any Element of the property to any person in addition to the surviving partner
see also antenuptial settlement Notice: For most states, upon divorce marital property is split Based on just what the court establishes is equitable. — movable property : property (as individual property or crops) that could be moved — personal property : property (like a auto) that is certainly movable although not which includes crops or other methods nevertheless hooked up to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other assets however hooked up to or within the land or enhancements or fixtures forever hooked up to the land or perhaps a framework on What's more, it : an interest, gain, right, or privilege in this kind of property
known as also immovable property — independent property : property of the spouse that's not community property or marital property Specifically : property acquired by a partner ahead of relationship or separately all through relationship (as by reward or often by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic worth as a consequence of it the coverage plan limited property damage coverage to tangible property
These examples are programmatically compiled from different on the web resources For example current use from the word 'property.' Any thoughts expressed inside the examples tend not to characterize Those people of Merriam-Webster or its editors. Send us suggestions about these examples.
— marital property : property acquired by both partner in the course of the study course of the relationship that is subject to division upon divorce
see also asset, estate, interest sense 1, possession sense 1e — abandoned property : property to which the owner has relinquished all legal rights Note: When property is abandoned, the operator presents up the affordable expectation of privacy regarding it. The finder of abandoned property is entitled to keep it, along with a police officer could get possession of abandoned property as evidence with out violating the assure towards unreasonable searches and seizures within the Fourth Amendment towards the U.S. Constitution. — after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy case and that is ordinarily considered part of the individual bankruptcy estate : property obtained following the perfection of a lien or safety curiosity Particularly : this sort of property acquired after the generation of a lien or safety curiosity which is topic towards the lien or becomes collateral for the safety desire : property transferred to your estate of a decedent right after execution from the will — common property : property owned or employed by multiple get together particularly : property owned or leased by tenants in popular
possession in indivision at ownership Take note: The states obtaining Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, inside the civil law of Louisiana : tracts of land with their part elements — intangible property : property (as being a inventory certification or Expert license) that derives value not from its intrinsic Actual physical character but from what it represents — mental property
of not conducting heat character relates to a peculiar and exclusive top quality of a matter or a class.
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 within the senses c : advantage feeling two d : an attribute frequent to all members of a category
a : some thing owned or possessed precisely : a piece of real estate b : the special proper to have, get pleasure from, and more info dispose of a matter : ownership c : anything to which a person or small business incorporates a lawful title d : one particular (for instance a performer) that's beneath deal and whose operate is especially worthwhile e : a reserve or script obtained for publication or output
property implies a attribute that belongs to some matter's crucial mother nature and may be applied to explain a type or species.
see also QTIP rely on at believe in Observe: Below federal tax legislation the property must be included in the gross estate of your surviving partner at her or his own Demise, where by it really is issue to taxation.