common property Local community property intellectual property own property property hurt property harm insurance property suitable property tax general public property
Examine tenancy in common at tenancy — Local community property : property held jointly by partner and wife exclusively : property Particularly from employment acquired by possibly partner just after marriage that is certainly deemed in states getting a community property procedure to belong to both equally spouses as undivided just one-50 percent interests
of your corporation : property belonging to a selected man or woman — experienced terminable interest property : property passing to your surviving spouse that qualifies for that marital deduction Should the executor so elects supplying the spouse is entitled to acquire cash flow in payments produced at least per year for all times and that nobody has an influence to appoint any Portion of the property to anyone aside from the surviving spouse
see also antenuptial arrangement Note: In many states, on divorce marital property is split In accordance with just what the court establishes is equitable. — movable property : property (as individual property or crops) that could be moved — personal property : property (like a car or truck) that's movable although not which includes crops or other means nevertheless attached to land : property aside from real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other resources even now attached to or in the land or advancements or fixtures completely hooked up for the land or simply a construction on What's more, it : an interest, benefit, proper, or privilege in these property
termed also immovable property — separate property : property of a husband or wife that isn't Local community property or marital property especially : property acquired by a husband or wife right before marriage or independently all through relationship (as by reward or often by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price thanks to it the insurance plan restricted property damage protection to tangible property
These examples are programmatically compiled from different on the net resources For instance existing use with the phrase 'property.' Any thoughts expressed within the illustrations will not symbolize People of Merriam-Webster or its editors. Mail us suggestions about these examples.
— marital property : property obtained by both husband or wife in the course of the system of the relationship that is definitely issue to division on divorce
see also asset, estate, interest sense one, possession sense 1e — deserted property : property to which the operator has relinquished all rights Note: When property is abandoned, the owner gives up the affordable expectation of privacy regarding it. The finder of abandoned property is entitled to keep it, as well as a police officer get more info could just take possession of abandoned property as evidence without having violating the ensure towards unreasonable queries and seizures inside the Fourth Amendment for the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires once the commencement of a individual bankruptcy situation and that is ordinarily regarded A part of the individual bankruptcy estate : property acquired once the perfection of the lien or safety curiosity Particularly : this kind of property acquired once the generation of a lien or safety interest that's subject to the lien or results in being collateral for the safety curiosity : property transferred for the estate of a decedent after execution of the will — popular property : property owned or utilized by more than one party specifically : property owned or leased by tenants in popular
possession in indivision at ownership Be aware: The states having Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry especially, in the civil regulation of Louisiana : tracts of land with their part elements — intangible property : property (as a inventory certificate or professional license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property
of not conducting heat character relates to a peculiar and unique high-quality of the point or a category.
a : an outstanding or trait belonging and especially peculiar to somebody or detail b : an result that an object has on A different object or on the senses c : advantage sense two d : an attribute frequent to all users of a class
a : something owned or possessed specially : a piece of real estate b : the special appropriate to possess, delight in, and dispose of a matter : ownership c : a little something to which someone or business provides a legal title d : a person (like a performer) that's below deal and whose perform is very useful e : a reserve or script obtained for publication or output
property indicates a attribute that belongs into a thing's necessary nature and should be utilized to explain a type or species.
see also QTIP have faith in at trust Notice: Less than federal tax legislation the property needs to be included in the gross estate with the surviving wife or husband at their have Loss of life, wherever it is matter to taxation.