widespread property Neighborhood property intellectual property individual property property damage property problems insurance property ideal property tax general public property
Examine tenancy in common at tenancy — Group property : property held jointly by spouse and wife specifically : property Primarily from work acquired by possibly spouse just after marriage that is definitely deemed in states aquiring a Neighborhood property procedure to belong to the two spouses as undivided one-50 percent pursuits
in the corporation : property belonging to a certain individual — skilled terminable curiosity property : property passing to a surviving husband or wife that qualifies for your marital deduction if the executor so elects furnishing the spouse is entitled to get earnings in payments built at the least yearly for all times and that not a soul has a power to appoint any part of the property to anyone other than the surviving wife or husband
see also antenuptial arrangement Take note: In many states, on divorce marital property is divided In keeping with exactly what the court establishes is equitable. — movable property : property (as individual property or crops) which might be moved — personalized property : property (as a car or truck) which is movable although not such as crops or other means nevertheless hooked up to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, properties, crops, or other resources still connected to or within the land or enhancements or fixtures forever attached into the land or even a composition on Additionally, it : an curiosity, gain, correct, or privilege in these kinds of property
known as also immovable property — individual property : property of the partner that isn't Group property or marital property Particularly : property obtained by a wife or husband prior to marriage or separately throughout marriage (as by reward or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value on account of it the coverage policy restricted property hurt protection to tangible property
These examples are programmatically compiled from numerous on the web click here resources As an instance current usage on the phrase 'property.' Any viewpoints expressed in the examples usually do not characterize Those people of Merriam-Webster or its editors. Send us comments about these examples.
— marital property : property obtained by possibly wife or husband during the program of a marriage that is certainly issue 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 Note: When property is abandoned, the owner gives up the reasonable expectation of privacy concerning it. The finder of abandoned property is entitled to keep it, along with a police officer could just take possession of deserted property as proof devoid of violating the warranty against unreasonable searches and seizures within the Fourth Amendment into the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy situation and that is generally regarded as Portion of the bankruptcy estate : property acquired after the perfection of a lien or security desire Primarily : such property obtained once the development of a lien or security interest that is issue for the lien or becomes collateral for the safety interest : property transferred to your estate of a decedent after execution with the will — frequent property : property owned or employed by more than one bash especially : property owned or leased by tenants in common
possession in indivision at ownership Observe: The states possessing Group property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry especially, from the civil law of Louisiana : tracts of land with their part parts — intangible property : property (being a stock certification or Expert license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and distinctive excellent of the factor or a category.
a : an excellent or trait belonging and especially peculiar to somebody or point b : an outcome that an object has on A different object or over the senses c : virtue feeling two d : an attribute frequent to all users of a class
a : something owned or possessed especially : a bit of real estate b : the unique ideal to have, appreciate, and get rid of a thing : possession c : something to which somebody or company incorporates a lawful title d : a single (for instance a performer) who's underneath contract and whose operate is very useful e : a e book or script bought for publication or generation
property indicates a characteristic that belongs to your thing's vital mother nature and will be applied to describe a type or species.
see also QTIP have faith in at belief Be aware: Underneath federal tax law the property has to be A part of the gross estate of the surviving spouse at their possess Dying, exactly where it truly is issue to taxation.