frequent property Neighborhood property intellectual property personal property property destruction property hurt insurance plan property appropriate property tax community property
Evaluate tenancy in common at tenancy — Local community property : property held jointly by spouse and wife specifically : property Primarily from work acquired by possibly husband or wife right after marriage that may be deemed in states having a Local community property program to belong to both spouses as undivided a person-50 percent interests
of your Company : property belonging to a particular human being — experienced terminable interest property : property passing to your surviving partner that qualifies with the marital deduction In case the executor so elects supplying which the partner is entitled to get income in payments designed at the very least annually for all times and that not one person has a power to appoint any Portion of the property to anyone apart from the surviving wife or husband
see also antenuptial arrangement Note: In the majority of states, upon divorce marital property is divided according to exactly what the court docket decides is equitable. — movable property : property (as own property or crops) which can be moved — personal property : property (being a vehicle) that is certainly movable but not together with crops or other means even now hooked up to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other means nevertheless hooked up to or within the land or enhancements or fixtures forever attached to your land or perhaps a framework on it also : an curiosity, profit, proper, or privilege in these property
known as also immovable property — individual property : property of the spouse that isn't Group property or marital property Particularly : property obtained by a wife or husband before marriage or separately throughout marriage (as by reward or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic price because of it the insurance policies plan limited property destruction coverage to tangible property
These examples are programmatically compiled from several online sources As an example present-day usage in the phrase 'property.' Any viewpoints expressed in the examples tend not to characterize those of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property obtained by possibly wife or husband throughout the training course of a marriage that is certainly subject matter to division on divorce
see also asset, estate, interest sense 1, possession sense 1e — abandoned property : property to which the operator has relinquished all rights Be aware: When property is abandoned, the proprietor offers up the acceptable expectation of privateness concerning it. The finder of deserted property is entitled to keep it, plus a law enforcement officer may perhaps take possession of abandoned property as evidence devoid of violating the guarantee from unreasonable queries and seizures in the Fourth Amendment to the U.S. Structure. — after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy scenario and that's normally regarded Section of the personal bankruptcy estate : property acquired after the perfection of the lien or stability fascination Primarily : these types of property get more info obtained following the development of a lien or security desire that is definitely issue to your lien or gets collateral for the security desire : property transferred into the estate of the decedent soon after execution in the will — typical property : property owned or used by multiple social gathering especially : property owned or leased by tenants in typical
possession in indivision at possession Be aware: The states getting Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry exclusively, within the civil regulation of Louisiana : tracts of land with their part elements — intangible property : property (as being a inventory certification or Expert license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property
of not conducting heat character relates to a peculiar and unique quality of the factor or a category.
a : an outstanding or trait belonging and especially peculiar to an individual or matter b : an result that an item has on Yet another object or over the senses c : virtue sense two d : an attribute typical to all users of a class
a : something owned or possessed specially : a piece of real estate b : the special appropriate to possess, love, and get rid of a thing : possession c : something to which somebody or organization features a lawful title d : 1 (for instance a performer) who is underneath contract and whose do the job is particularly important e : a ebook or script purchased for publication or generation
property implies a attribute that belongs to some matter's important character and may be utilised to describe a kind or species.
see also QTIP belief at have faith in Note: Beneath federal tax regulation the property has to be A part of the gross estate of the surviving husband or wife at his / her personal Demise, exactly where it can be subject to taxation.