popular property Local community property intellectual property individual property property destruction property hurt insurance policies property correct property tax general public property
Assess tenancy in typical at tenancy — Group property : property held jointly by spouse and spouse especially : property Particularly from work acquired by both spouse immediately after marriage that may be deemed in states having a Local community property method to belong to both of those spouses as undivided a single-50 % interests
of your corporation : property belonging to a selected person — skilled terminable curiosity property : property passing into a surviving wife or husband that qualifies to the marital deduction if the executor so elects giving that the husband or wife is entitled to receive cash flow in payments made no less than each year for all times and that not a soul has a power to appoint any Element of the property to any person besides the surviving spouse
see also antenuptial arrangement Be aware: In the majority of states, upon divorce marital property is divided In keeping with what the court docket determines is equitable. — movable property : property (as personalized property or crops) that can be moved — private property : property (being a auto) that is definitely movable but not which includes crops or other means nevertheless connected to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, properties, crops, or other resources nevertheless attached to or in the land or improvements or fixtures permanently connected on the land or a framework on In addition it : an interest, advantage, suitable, or privilege in such property
referred to as also immovable property — separate property : property of a husband or wife that's not Group property or marital property especially : property acquired by a spouse just before relationship or independently all through relationship (as by gift or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic worth as a consequence of it the coverage plan limited property harm coverage to tangible property
These examples are programmatically compiled from different on the internet sources As an instance present-day use with the term 'property.' Any opinions expressed within the examples do not signify Individuals of Merriam-Webster or its editors. Ship us opinions about these illustrations.
— marital property : property obtained by both husband or wife in the course of the system of the relationship that is definitely issue to division on divorce
see also asset, estate, fascination feeling one, possession feeling 1e — abandoned property : property to which the owner has relinquished all legal rights Take note: When property is deserted, the operator offers up the acceptable expectation of privateness relating to it. The finder of abandoned property is entitled to keep it, and a police officer may get possession of abandoned property as proof without violating the assurance in opposition to unreasonable searches and seizures from the Fourth Amendment into the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy scenario and that is ordinarily viewed as Section of the personal bankruptcy estate : property acquired after the perfection of the lien or protection interest Primarily : these kinds of property acquired once the generation of the lien or protection curiosity which is matter towards the lien or becomes collateral for the safety interest : property transferred on the estate of the decedent right after execution of the will — widespread property : property owned or used by multiple party specifically : property owned or leased by tenants in popular
possession in indivision at ownership Take note: The states obtaining Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry precisely, while in the civil law of Louisiana : tracts of land with their element sections — intangible property : property (like a inventory certificate or Expert license) that derives benefit not from its intrinsic physical mother nature but from what it represents — mental property
of not conducting heat character relates to a peculiar and unique excellent of a detail or more info a category.
a : a quality or trait belonging and particularly peculiar to someone or factor b : an outcome that an item has on another item or around the senses c : advantage perception 2 d : an attribute popular to all customers of a category
a : a thing owned or possessed especially : a bit of real estate b : the exclusive appropriate to possess, delight in, and dispose of a matter : ownership c : something to which someone or company incorporates a legal title d : just one (such as a performer) that is under agreement and whose get the job done is especially worthwhile e : a book or script acquired for publication or manufacturing
property indicates a attribute that belongs into a detail's critical mother nature and should be utilised to describe a type or species.
see also QTIP trust at have confidence in Take note: Below federal tax regulation the property should be A part of the gross estate of the surviving husband or wife at his / her very own Dying, in which it can be topic to taxation.