popular property Local community property mental property individual property property destruction property destruction insurance policies property ideal property tax community property
Look at tenancy in frequent at tenancy — Group property : property held jointly by husband and wife precisely : property Specifically from work acquired by both spouse just after marriage that is definitely considered in states getting a Local community property system to belong to both equally spouses as undivided 1-50 % interests
in the Company : property belonging to a selected human being — experienced terminable fascination property : property passing to a surviving partner that qualifies for that marital deduction Should the executor so elects supplying the wife or husband is entitled to receive revenue in payments designed at the very least per year for all times and that no-one has an influence to appoint any A part of the property to any person besides the surviving spouse
see also antenuptial agreement Notice: In the majority of states, on divorce marital property is split according to what the courtroom establishes is equitable. — movable property : property (as personal property or crops) that can be moved — private property : property (as being a automobile) that is certainly movable although not like crops or other means however connected to land : property aside from real property a tax on the personal property
— real property : property consisting of land, buildings, crops, or other sources even now hooked up to or throughout the land or improvements or fixtures permanently connected on the land or maybe a composition on Additionally, it : an fascination, gain, right, or privilege in this sort of property
identified as also immovable property — different property : property of a partner that isn't Local community property or marital property In particular : property obtained by a wife or husband prior to marriage or separately during marriage (as by gift or often by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic value because of it the insurance coverage policy restricted property harm coverage to tangible property
These examples are programmatically compiled from numerous on the internet resources As an example latest use with the term 'property.' Any viewpoints expressed during the illustrations never stand for those of Merriam-Webster or its editors. Send us feedback about these illustrations.
— marital property : property obtained by either spouse through the system of the marriage that is topic to division on divorce
see also asset, estate, interest sense one, possession feeling 1e — deserted property : property to which the proprietor has relinquished all legal rights Observe: When property is abandoned, the owner gives up the fair expectation of privateness about it. The finder of deserted property is entitled to help keep it, and also a police officer could just take possession of abandoned property as evidence without the need of violating the warranty versus unreasonable lookups and seizures from the Fourth Amendment towards the U.S. Constitution. — just after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy case and that's ordinarily viewed as Portion of the bankruptcy estate : property obtained once the perfection of the lien or stability desire In particular : these types of property obtained following the development of a lien or security desire that is definitely matter for check here the lien or turns into collateral for the security fascination : property transferred for the estate of a decedent soon after execution in the will — common property : property owned or utilized by more than one party precisely : property owned or leased by tenants in widespread
ownership in indivision at possession Notice: The states getting community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry precisely, within the civil regulation of Louisiana : tracts of land with their component parts — intangible property : property (to be a stock certificate or Experienced license) that derives price not from its intrinsic physical mother nature but from what it represents — mental property
of not conducting warmth character applies to a peculiar and exclusive top quality of the issue or a class.
a : an outstanding or trait belonging and especially peculiar to an individual or matter b : an impact that an item has on One more object or to the senses c : virtue feeling 2 d : an attribute popular to all customers of a class
a : a little something owned or possessed exclusively : a piece of real estate b : the special proper to possess, get pleasure from, and dispose of a matter : ownership c : a thing to which an individual or small business features a lawful title d : a single (for instance a performer) that's beneath deal and whose perform is particularly valuable e : a e-book or script ordered for publication or production
property implies a attribute that belongs to some issue's essential character and should be utilized to explain a sort or species.
see also QTIP believe in at have faith in Take note: Below federal tax legislation the property needs to be included in the gross estate on the surviving spouse at their individual Dying, exactly where it truly is issue to taxation.