widespread property community property intellectual property own property property destruction property hurt insurance policies property proper property tax public property
Assess tenancy in typical at tenancy — Local community property : property held jointly by spouse and spouse exclusively : property Specifically from work acquired by possibly partner after relationship that is certainly deemed in states using a Neighborhood property procedure to belong to equally spouses as undivided 1-50 percent interests
with the corporation : property belonging to a specific person — capable terminable fascination property : property passing to some surviving wife or husband that qualifies to the marital deduction When the executor so elects delivering that the partner is entitled to acquire earnings in payments created no less than annually for life Which not a soul has a power to appoint any Portion of the property to anyone other than the surviving spouse
see also antenuptial arrangement Observe: In the majority of states, upon divorce marital property is divided In keeping with what the courtroom establishes is equitable. — movable property : property (as personalized property or crops) that could be moved — individual property : property (being a vehicle) that is certainly movable although not which includes crops or other methods still attached to land : property besides real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other means nonetheless connected to or throughout the land or improvements or fixtures completely connected into the land or perhaps a construction on What's more, it : an interest, advantage, suitable, or privilege in these property
called also immovable property — separate property : property of a partner that isn't Group property or marital property especially : property acquired by a spouse just before relationship or independently all through relationship (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit because of it the insurance policy coverage limited property problems protection to tangible property
These illustrations are programmatically compiled from various on-line resources As an instance present-day usage in the phrase 'property.' Any thoughts expressed inside the examples will not characterize those of Merriam-Webster or its editors. Send us suggestions about these examples.
— marital property : property acquired by both husband or wife over the read more class of the relationship that is certainly subject matter to division on divorce
see also asset, estate, fascination perception one, possession sense 1e — deserted property : property to which the operator has relinquished all legal rights Take note: When property is abandoned, the operator presents up the fair expectation of privateness about it. The finder of deserted property is entitled to maintain it, in addition to a law enforcement officer may well acquire possession of deserted property as proof devoid of violating the promise from unreasonable queries and seizures while in the Fourth Amendment for the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy situation and that is generally considered Element of the individual bankruptcy estate : property obtained following the perfection of the lien or safety curiosity Particularly : such property acquired after the generation of the lien or safety curiosity that's subject to the lien or gets collateral for the security desire : property transferred to your estate of a decedent right after execution of the will — prevalent property : property owned or utilized by more than one bash exclusively : property owned or leased by tenants in frequent
possession in indivision at ownership Observe: The states having Local community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry exclusively, in the civil legislation of Louisiana : tracts of land with their ingredient elements — intangible property : property (to be a stock certification or Expert license) that derives price not from its intrinsic physical mother nature but from what it signifies — mental property
of not conducting heat character relates to a peculiar and unique quality of the thing or a class.
a : an excellent or trait belonging and especially peculiar to someone or thing b : an influence that an item has on Yet another item or within the senses c : advantage sense 2 d : an attribute prevalent to all members of a category
a : some thing owned or possessed specially : a piece of real estate b : the special proper to have, enjoy, and dispose of a issue : possession c : some thing to which someone or business features a lawful title d : one (like a performer) that is under agreement and whose do the job is particularly valuable e : a e book or script bought for publication or generation
property implies a attribute that belongs into a thing's necessary nature and could be utilised to describe a kind or species.
see also QTIP believe in at belief Be aware: Less than federal tax legislation the property need to be included in the gross estate with the surviving spouse at her or his have death, wherever it is actually topic to taxation.