popular property Local community property intellectual property individual property property harm property problems coverage property ideal property tax community property
Evaluate tenancy in prevalent at tenancy — community property : property held jointly by spouse and spouse exclusively : property especially from employment obtained by either husband or wife after marriage that is definitely deemed in states getting a community property technique to belong to both spouses as undivided one particular-50 % passions
with the Company : property belonging to a certain human being — competent terminable desire property : property passing to a surviving partner that qualifies for that marital deduction If your executor so elects providing the husband or wife is entitled to receive earnings in payments manufactured at least yearly for all times and that not a soul has a power to appoint any part of the property to any person other than the surviving husband or wife
see also antenuptial arrangement Note: In many states, on divorce marital property is divided according to exactly what the court decides is equitable. — movable property : property (as individual property or crops) that could be moved — individual property : property (to be a automobile) that is movable but not including crops or other assets still connected to land : property other than real property a tax on the private property
— real property : property consisting of land, buildings, crops, or other assets still connected to or throughout the land or advancements or fixtures completely hooked up to the land or possibly a structure on Furthermore, it : an interest, benefit, correct, or privilege in this sort of property
named also immovable property — individual property : property of the wife or husband that's not community property or marital property especially : property acquired by a partner ahead of relationship or individually all through relationship (as by present or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial price as a consequence of it the insurance coverage limited property problems protection to tangible property
These examples are programmatically compiled from different on the web resources For example current usage from the word 'property.' Any views expressed while in the examples tend not to depict People of Merriam-Webster or its editors. Send out us responses about these illustrations.
— marital property : property obtained by both husband or wife in the class of a relationship that is definitely subject matter to division on divorce
see also asset, estate, fascination feeling 1, possession perception 1e — deserted property : property to which the proprietor has relinquished all legal rights Be aware: When property is abandoned, the operator provides up the sensible expectation of privacy concerning it. The finder of deserted property is entitled to help keep it, plus a police officer might take possession of deserted property as proof without having violating the ensure towards unreasonable searches and seizures in the Fourth Modification to your U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that is generally considered Component of the personal bankruptcy estate : property acquired following the perfection of a lien or security desire especially : more info these types of property obtained once the creation of a lien or stability fascination that is certainly matter for the lien or becomes collateral for the safety fascination : property transferred for the estate of a decedent after execution of the will — popular property : property owned or utilized by more than one celebration precisely : property owned or leased by tenants in widespread
ownership in indivision at possession Be aware: The states possessing Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry specifically, inside the civil law of Louisiana : tracts of land with their part pieces — intangible property : property (being a stock certification or Skilled 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 distinct good quality of a detail or a category.
a : a quality or trait belonging and particularly peculiar to an individual or matter b : an impact that an item has on An additional item or about the senses c : advantage feeling 2 d : an attribute widespread to all members of a category
a : something owned or possessed specially : a piece of real estate b : the exceptional correct to have, take pleasure in, and eliminate a point : possession c : some thing to which somebody or company contains a authorized title d : one (like a performer) who is below deal and whose perform is very useful e : a e book or script bought for publication or generation
property implies a characteristic that belongs to the point's critical nature and should be used to describe a sort or species.
see also QTIP have confidence in at rely on Note: Below federal tax regulation the property must be included in the gross estate on the surviving spouse at their individual death, in which it is actually topic to taxation.