widespread property community property mental property private property property harm property hurt insurance plan property proper property tax general public property
Review tenancy in typical at tenancy — Local community property : property held jointly by husband and spouse especially : property Specifically from work obtained by either wife or husband right after marriage that may be considered in states having a Neighborhood property system to belong to each spouses as undivided just one-50 % passions
from the Company : property belonging to a specific person — experienced terminable interest property : property passing to your surviving spouse that qualifies for that marital deduction When the executor so elects giving that the spouse is entitled to get earnings in payments designed a minimum of per year for life Which not a soul has a power to appoint any Element of the property to any person besides the surviving spouse
see also antenuptial arrangement Take note: In many states, on divorce marital property is split Based on exactly what the court docket decides is equitable. — movable property : property (as particular property or crops) that may be moved — particular property : property (as a automobile) that may be movable but not which include crops or other resources nevertheless hooked up to land : property other than real property a tax on the private property
— real property : property consisting of land, properties, crops, or other sources even now hooked up to or inside the land or enhancements or fixtures forever attached on the land or simply a framework on In addition it : an interest, reward, ideal, or privilege in this kind of property
named also immovable property — different property : property of a wife or husband that is not Local community property or marital property Primarily : property acquired by a husband or wife in advance of marriage or independently through relationship (as by gift or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value on account of it the coverage policy restricted property hurt protection to tangible property
These examples are programmatically compiled from numerous on the web sources For example existing usage of your word 'property.' Any thoughts expressed from the illustrations don't symbolize People of Merriam-Webster or its editors. Mail us feedback about these examples.
— marital property : property acquired by both husband or wife in the class of a marriage that may be topic to division upon divorce
see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Observe: When property is deserted, the owner gives up the sensible expectation of privateness about it. The finder of deserted property is entitled to keep it, along with a police officer may possibly acquire possession of deserted property as proof devoid of violating the promise in opposition to unreasonable searches and seizures inside the Fourth Amendment on the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy situation and that is normally viewed as Element of the individual bankruptcy estate : property acquired after the perfection of a lien or security curiosity Specifically : these kinds of property obtained following the development of the lien or protection fascination that may be issue to the lien or becomes collateral for the security interest : property transferred to the estate of a decedent following execution from the will — typical property : property owned or utilized by more than one get together especially : property owned or leased by tenants in frequent
ownership in indivision at ownership Notice: The states possessing Local community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry exclusively, while in the civil legislation of Louisiana : tracts of land with their part areas — intangible property : property (being a inventory certification or Specialist license) that derives worth not from its intrinsic Bodily character but from what it represents — intellectual property
of not conducting heat character applies get more info to a peculiar and distinctive quality of the detail or a category.
a : an excellent or trait belonging and particularly peculiar to somebody or matter b : an influence that an item has on One more object or over the senses c : virtue feeling two d : an attribute frequent to all associates of a class
a : some thing owned or possessed particularly : a piece of real estate b : the exclusive ideal to have, delight in, and eliminate a issue : ownership c : one thing to which an individual or company has a lawful title d : a person (for instance a performer) that is beneath agreement and whose function is especially important e : a reserve or script ordered for publication or creation
property implies a characteristic that belongs to a detail's necessary character and will be utilized to describe a sort or species.
see also QTIP rely on at have faith in Notice: Below federal tax legislation the property need to be A part of the gross estate from the surviving spouse at his / her individual Loss of life, in which it is issue to taxation.