NOT KNOWN DETAILS ABOUT PROPERTY

Not known Details About property

Not known Details About property

Blog Article

typical property Neighborhood property mental property private property property damage property problems insurance policies property correct property tax general public property

Examine tenancy in popular at tenancy — Local community property : property held jointly by husband and spouse particularly : property In particular from employment obtained by either wife or husband right after relationship that is certainly deemed in states getting a Group property program to belong to both of those spouses as undivided one particular-half passions

of the Company : property belonging to a particular particular person — qualified terminable fascination property : property passing to a surviving husband or wife that qualifies for the marital deduction In case the executor so elects providing the spouse is entitled to get earnings in payments designed a minimum of per year for life Which no one has an influence to appoint any Section of the property to anyone apart from the surviving wife or husband

see also antenuptial agreement Observe: In most states, on divorce marital property is split In accordance with exactly what the court docket establishes is equitable. — movable property : property (as personal property or crops) which can be moved — own property : property (as being a car) that is definitely movable but not like 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 assets however attached to or in the land or advancements or fixtures permanently connected into the land or perhaps a framework on it also : an curiosity, gain, right, or privilege in these kinds of property

termed also immovable property — independent property : property of the wife or husband that is not Local community property or marital property Primarily : property acquired by a partner just before relationship or separately throughout relationship (as by reward or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial benefit as a result of it the insurance plan plan restricted property injury protection to tangible property

These illustrations are programmatically compiled from numerous on the web resources For example present utilization with the word 'property.' Any opinions expressed inside the illustrations do not signify People of Merriam-Webster or its editors. Send out us feedback about these examples.

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

see also asset, click here estate, curiosity feeling one, possession perception 1e — abandoned property : property to which the owner has relinquished all rights Observe: When property is deserted, the operator gives up the affordable expectation of privacy relating to it. The finder of deserted property is entitled to maintain it, and a police officer could just take possession of deserted property as evidence with no violating the assurance versus unreasonable searches and seizures within the Fourth Amendment on the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy situation and that is typically regarded Component of the individual bankruptcy estate : property obtained after the perfection of a lien or security interest Specifically : this sort of property obtained following the generation of the lien or stability desire that may be subject to the lien or gets to be collateral for the security curiosity : property transferred for the estate of a decedent soon after execution on the will — widespread property : property owned or employed by multiple occasion specially : property owned or leased by tenants in prevalent

possession in indivision at possession Observe: The states acquiring Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specifically, in the civil law of Louisiana : tracts of land with their component parts — intangible property : property (as a stock certification or Experienced license) that derives benefit not from its intrinsic Actual physical mother nature but from what it signifies — intellectual property

of not conducting heat character applies to a peculiar and distinctive top quality of a issue or a class.

a : a top quality or trait belonging and especially peculiar to a person or point b : an impact that an object has on An additional object or on the senses c : virtue perception two d : an attribute popular to all users of a category

a : a thing owned or possessed exclusively : a bit of real estate b : the distinctive appropriate to possess, take pleasure in, and get rid of a factor : ownership c : something to which anyone or business contains a lawful title d : just one (like a performer) that is beneath contract and whose function is especially important e : a reserve or script ordered for publication or generation

property implies a characteristic that belongs to some thing's critical mother nature and should be utilised to describe a type or species.

see also QTIP trust at belief Observe: Beneath federal tax legislation the property should be included in the gross estate of your surviving wife or husband at her or his very own death, where it is actually subject matter to taxation.

Report this page