frequent property community property mental property personalized property property harm property hurt insurance policies property right property tax community property
compare tenancy in widespread at tenancy — community property : property held jointly by spouse and spouse especially : property In particular from work acquired by both spouse immediately after marriage that is definitely deemed in states using a community property process to belong to the two spouses as undivided a person-fifty percent passions
of the corporation : property belonging to a selected particular person — qualified terminable fascination property : property passing to a surviving partner that qualifies with the marital deduction In the event the executor so elects providing which the spouse is entitled to acquire earnings in payments built at the least every year for life and that not a soul has a power to appoint any Section of the property to anyone other than the surviving husband or wife
see also antenuptial settlement Be aware: In the majority of states, on divorce marital property is divided As outlined by what the court decides is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (as a motor vehicle) that may be movable but not including crops or other sources nevertheless hooked up to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other methods continue to hooked up to or within the land or improvements or fixtures completely connected into the land or a construction on Furthermore, it : an desire, profit, right, or privilege in this kind of property
referred to as also immovable property — independent property : property of the wife or husband that is not community property or marital property Particularly : property acquired by a partner just before marriage or independently for the duration of relationship (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial benefit thanks to it the coverage plan limited property destruction protection to tangible property
These illustrations are programmatically compiled from several on line resources to illustrate present usage in the phrase 'property.' Any thoughts expressed inside the examples don't signify These of Merriam-Webster or its editors. Send us suggestions about these examples.
— marital property : property acquired by either spouse during the program of a relationship that is subject to division upon divorce
see also asset, estate, interest sense one, possession feeling 1e — deserted property : property to which the proprietor has relinquished all legal rights Notice: When property is deserted, the proprietor provides up the realistic expectation of privacy regarding it. The finder of abandoned property is entitled to maintain it, in addition to a law enforcement officer could consider possession of deserted property as proof without the need of violating the guarantee 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 scenario and that is generally considered part of the individual bankruptcy estate : property obtained following the perfection of the lien or safety curiosity Particularly : such property obtained following the development of the lien or stability curiosity that's subject to the lien or will become collateral for the security desire : property transferred to your estate of a decedent following execution of your will — widespread property : property owned or used by more than one party precisely : property owned or leased by tenants in prevalent
ownership in indivision at possession Observe: The states having Neighborhood property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry particularly, from the civil regulation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (being a stock certification or Specialist more info license) that derives value not from its intrinsic Actual physical character but from what it signifies — mental property
of not conducting warmth character relates to a peculiar and exclusive good quality of the issue or a class.
a : a top quality or trait belonging and especially peculiar to somebody or issue b : an effect that an object has on another object or over the senses c : virtue feeling two d : an attribute frequent to all users of a class
a : a little something owned or possessed precisely : a bit of real estate b : the unique right to possess, enjoy, and get rid of a detail : ownership c : a little something to which an individual or business enterprise incorporates a legal title d : a single (such as a performer) who's less than contract and whose do the job is particularly important e : a e-book or script procured for publication or creation
property indicates a characteristic that belongs to a thing's vital mother nature and may be utilised to explain a type or species.
see also QTIP have faith in at trust Be aware: Less than federal tax law the property have to be A part of the gross estate from the surviving husband or wife at his / her possess death, the place it is actually matter to taxation.