Fascination About america property

widespread property community property mental property particular property property problems property injury insurance policy property correct property tax community property

Examine tenancy in typical at tenancy — Group property : property held jointly by spouse and wife especially : property Primarily from employment acquired by possibly wife or husband soon after relationship that's considered in states having a Group property technique to belong to each spouses as undivided just one-fifty percent pursuits

in the Company : property belonging to a specific human being — certified terminable fascination property : property passing to a surviving husband or wife that qualifies for the marital deduction Should the executor so elects delivering that the partner is entitled to acquire income in payments produced at the very least every year for all times Which no one has an influence to appoint any part of the property to any person besides the surviving spouse

see also antenuptial arrangement Note: In the majority of states, upon divorce marital property is divided In keeping with what the courtroom decides is equitable. — movable property : property (as own property or crops) which can be moved — own property : property (like a auto) which is movable although not together with crops or other sources however attached to land : property other than real property a tax on the private property

— real property : property consisting of land, properties, crops, or other sources however attached to or in the land or advancements or fixtures permanently hooked up towards the land or simply a structure on Furthermore, it : an desire, profit, ideal, or privilege in such property

termed also immovable property — individual property : property of a husband or wife that is not Neighborhood property or marital property In particular : property acquired by a spouse before marriage or individually throughout relationship (as by gift or often by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic financial benefit due to it the insurance policies plan restricted property injury protection to tangible property

These examples are programmatically compiled from a variety of online sources As an example present-day usage in the term 'property.' Any viewpoints expressed within the examples never represent Individuals of Merriam-Webster or its editors. Send out us feed-back about these examples.

— marital property : property obtained by possibly wife or husband throughout the training course of the relationship that is topic to division upon divorce

see also asset, estate, fascination perception 1, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is abandoned, the owner provides up the realistic expectation of privateness about it. The finder of abandoned property is entitled to keep it, as well as a law enforcement officer may well take possession of abandoned property as evidence without having violating the promise versus unreasonable searches and seizures within the Fourth Amendment for the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy case and that is typically regarded Component of the individual bankruptcy estate : property obtained once the perfection of a lien or security interest Particularly : this sort of property acquired following the development of the lien or stability desire that is subject towards 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 popular

possession in indivision at possession Take note: The states owning Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry precisely, in the civil law of Louisiana : tracts of land with their component parts — intangible property : property (as a stock certificate or professional license) that derives value not from its intrinsic physical mother nature but from what it signifies — mental property

of not conducting warmth character relates to a peculiar and distinct excellent of the matter or a category.

a : an outstanding or trait belonging and particularly peculiar to someone or point b : an result that an object has on An additional object or on the senses c : advantage perception two d : an attribute prevalent to all customers of a category

a : anything owned or possessed exclusively : a piece of real estate b : the distinctive proper to possess, appreciate, and dispose of a thing : possession c : a little something to which somebody or small business provides a authorized title d get more info : a single (like a performer) who's below contract and whose work is very precious e : a e book or script acquired for publication or creation

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

see also QTIP belief at rely on Observe: Beneath federal tax law the property must be A part of the gross estate with the surviving partner at their own death, in which it's subject to taxation.

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