prevalent property Local community property mental property personalized property property problems property problems coverage property ideal property tax general public property
Review tenancy in prevalent at tenancy — Local community property : property held jointly by spouse and wife especially : property Specifically from employment acquired by possibly husband or wife immediately after marriage that is deemed in states aquiring a Group property technique to belong to equally spouses as undivided a single-half interests
of your Company : property belonging to a specific person — qualified terminable desire property : property passing into a surviving partner that qualifies for the marital deduction Should the executor so elects giving the spouse is entitled to acquire cash flow in payments created a minimum of annually for all times Which no person has a power to appoint any Element of the property to anyone apart from the surviving wife or husband
see also antenuptial settlement Notice: In most states, on divorce marital property is divided In keeping with exactly what the court establishes is equitable. — movable property : property (as personalized property or crops) that may be moved — own property : property (being a car) that may be movable but not including crops or other methods nonetheless hooked up to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other assets nonetheless connected to or within the land or enhancements or fixtures permanently connected to the land or possibly a structure on What's more, it : an fascination, advantage, ideal, or privilege in this sort of property
called also immovable property — separate property : property of the spouse that isn't Local community property or marital property In particular : property acquired by a husband or wife before marriage or independently for the duration of marriage (as by gift or usually by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic benefit because of it the insurance plan limited property damage coverage to tangible property
These illustrations are programmatically compiled from numerous on the web resources As an example recent usage in the phrase 'property.' Any viewpoints expressed in the examples usually do not characterize those of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property acquired by either partner over the course of a marriage that is certainly subject matter to division on divorce
see also asset, estate, interest sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Take note: When property is abandoned, the owner gives up the sensible expectation of privateness relating to it. The finder of deserted property is entitled to maintain it, in addition to a police officer might get possession of abandoned property as evidence without having violating the promise from unreasonable lookups and seizures during the Fourth Modification to the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy case and that is generally deemed Portion of the personal bankruptcy estate : property acquired after the perfection of a lien or security interest Particularly : this kind of property acquired after the generation of the lien or stability fascination that's topic for the lien or turns into collateral for the safety fascination : property transferred to your estate of the decedent soon after execution on the will — widespread property : property owned or utilized by more than one get together exclusively : property owned or leased by tenants in frequent
ownership in indivision at ownership Take note: click here The states acquiring Local community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry especially, within the civil regulation of Louisiana : tracts of land with their ingredient areas — intangible property : property (like a stock certification or Specialist license) that derives worth not from its intrinsic physical mother nature but from what it signifies — intellectual property
of not conducting warmth character relates to a peculiar and unique high quality of the factor or a class.
a : an excellent or trait belonging and particularly peculiar to a person or thing b : an influence that an object has on another item or within the senses c : virtue perception 2 d : an attribute common to all customers of a class
a : something owned or possessed specially : a piece of real estate b : the special appropriate to possess, love, and get rid of a factor : possession c : one thing to which a person or small business includes a lawful title d : a single (for instance a performer) that is under agreement and whose function is very useful e : a reserve or script acquired for publication or creation
property indicates a characteristic that belongs to the point's critical character and could be employed to explain a kind or species.
see also QTIP rely on at believe in Observe: Under federal tax legislation the property need to be A part of the gross estate in the surviving wife or husband at his or her very own Demise, where it truly is issue to taxation.