property No Further a Mystery

widespread property community property mental property own property property destruction property hurt insurance plan property appropriate property tax community property

Evaluate tenancy in common at tenancy — Group property : property held jointly by spouse and wife precisely : property Particularly from work acquired by either wife or husband immediately after marriage that is considered in states possessing a community property procedure to belong to equally spouses as undivided a single-half passions

from the Company : property belonging to a particular man or woman — experienced terminable interest property : property passing to some surviving spouse that qualifies to the marital deduction if the executor so elects giving that the husband or wife is entitled to receive profits in payments produced not less than every year 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 agreement Notice: For most states, upon divorce marital property is divided As outlined by what the courtroom establishes is equitable. — movable property : property (as particular property or crops) that could be moved — particular property : property (to be a vehicle) that's movable although not which include crops or other resources nevertheless hooked up to land : property apart from real property a tax on the private property

— real property : property consisting of land, buildings, crops, or other methods however hooked up to or inside the land or enhancements or fixtures forever attached to your land or a framework on it also : an desire, advantage, suitable, or privilege in such property

known as also immovable property — individual property : property of the spouse that is not Neighborhood property or marital property especially : property acquired by a husband or wife right before marriage or individually in the course of marriage (as by present or normally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial price thanks to it the insurance coverage coverage restricted property problems protection to tangible property

These illustrations are programmatically compiled from various on the internet sources As an example recent use in the phrase 'property.' Any viewpoints expressed during the illustrations never stand for Those people of Merriam-Webster or its editors. Deliver us opinions about these illustrations.

— marital property : property obtained by both husband or wife over the program of a relationship that may be subject to division upon divorce

see also asset, estate, curiosity feeling 1, possession feeling 1e — abandoned property : property to which the owner has relinquished all legal rights Observe: When property is deserted, the operator offers up the acceptable expectation of privacy regarding it. The finder of deserted property is entitled to maintain it, in addition to a police officer could just take possession of deserted property as proof without violating the assure in opposition to unreasonable queries and seizures from the Fourth Modification to the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that is generally deemed Section of the personal bankruptcy estate : property obtained once website the perfection of the lien or security interest Particularly : this sort of property obtained following the generation of a lien or security curiosity that's subject matter on the lien or becomes collateral for the safety curiosity : property transferred to the estate of a decedent right after execution on the will — widespread property : property owned or utilized by multiple occasion precisely : property owned or leased by tenants in common

ownership in indivision at ownership Note: The states having Local community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry especially, within the civil legislation of Louisiana : tracts of land with their part sections — intangible property : property (for a inventory certification or Qualified license) that derives benefit not from its intrinsic physical mother nature but from what it represents — intellectual property

of not conducting heat character applies to a peculiar and distinctive high quality of a factor or a class.

a : a high quality or trait belonging and particularly peculiar to someone or factor b : an outcome that an item has on A further item or to the senses c : virtue feeling two d : an attribute typical to all users of a class

a : one thing owned or possessed specially : a bit of real estate b : the exceptional correct to have, appreciate, and dispose of a issue : ownership c : a thing to which an individual or organization incorporates a authorized title d : a single (like a performer) who's underneath contract and whose get the job done is especially beneficial e : a guide or script ordered for publication or manufacturing

property indicates a attribute that belongs to the point's critical nature and will be employed to describe a type or species.

see also QTIP belief at belief Observe: Underneath federal tax legislation the property has to be included in the gross estate of the surviving wife or husband at her or his possess Loss of life, exactly where it is issue to taxation.

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