prevalent property Neighborhood property mental property private property property damage property destruction insurance plan property proper property tax public property
Review tenancy in frequent at tenancy — Group property : property held jointly by spouse and spouse exclusively : property Particularly from work acquired by possibly husband or wife following relationship that's deemed in states using a community property process to belong to each spouses as undivided just one-50 % interests
of your corporation : property belonging to a certain man or woman — certified terminable desire property : property passing to some surviving wife or husband that qualifies for your marital deduction Should the executor so elects offering the partner is entitled to acquire income in payments designed a minimum of per year for life Which nobody has an influence to appoint any part of the property to any person besides the surviving partner
see also antenuptial settlement Note: In many states, on divorce marital property is split according to exactly what the courtroom establishes is equitable. — movable property : property (as individual property or crops) that may be moved — private property : property (for a vehicle) that is definitely movable although not such as crops or other assets continue to attached to land : property besides real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other sources even now hooked up to or within the land or improvements or fixtures forever hooked up to the land or even a structure on Furthermore, it : an desire, advantage, suitable, or privilege in such property
referred to as also immovable property — individual property : property of a partner that isn't Group property or marital property Particularly : property obtained by a husband or wife right before marriage or individually throughout marriage (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value on account of it the coverage coverage restricted property harm coverage to tangible property
These examples are programmatically compiled from various online sources For instance existing utilization on the phrase 'property.' Any views expressed from the examples tend not to characterize All those of Merriam-Webster or its editors. Mail us feedback about these illustrations.
— marital property : property obtained by possibly husband or wife in the program of a relationship that is definitely subject to division upon divorce
see also asset, estate, curiosity feeling one, possession perception 1e — deserted property : property to which the owner has relinquished all rights Notice: When property is abandoned, the operator presents up the fair expectation of privateness relating to it. The finder of deserted property is entitled to help keep it, and also a law enforcement officer could consider possession of abandoned property as evidence without violating the guarantee versus unreasonable lookups and seizures during the Fourth Modification on the U.S. Constitution. — just after-obtained property : property (as proceeds) that a debtor acquires following the commencement of the personal bankruptcy situation and that is usually considered part of the individual bankruptcy estate : property obtained following the perfection of a lien or security desire Particularly : this kind of property acquired once the development of a lien or stability fascination which is topic towards the lien or becomes collateral for the safety curiosity : property transferred towards the estate of the decedent immediately after execution on the will — frequent property : property owned or used by multiple occasion exclusively : property owned or leased by tenants in frequent
ownership in indivision at possession Notice: 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 especially, within the civil regulation of Louisiana : tracts of land with their element parts — intangible property : property (to be a stock certificate or Qualified license) that derives worth not from its intrinsic Actual physical character but from what it represents — mental property
of not conducting heat character relates to a peculiar and distinctive excellent of a thing or a category.
a : a high quality or trait belonging and especially peculiar to someone or factor b : an effect that an item has on another item or around the senses c : advantage sense two d : an attribute frequent to all users of a class
a : something owned or possessed specially : a piece of real estate b : the exceptional correct to have, appreciate, and eliminate a point : possession c : something to which somebody or enterprise provides a legal title d : one particular (such as a performer) that is under agreement and whose do the job is especially precious e : a guide or script ordered for publication or manufacturing
property indicates a characteristic that belongs into a thing's vital mother nature and may be applied to explain a kind or species.
see get more info also QTIP belief at believe in Notice: Less than federal tax law the property have to be A part of the gross estate in the surviving husband or wife at his or her very own Dying, exactly where it can be subject to taxation.