prevalent property Local community property intellectual property private property property harm property destruction coverage property appropriate property tax community property
Evaluate tenancy in common at tenancy — Group property : property held jointly by spouse and spouse exclusively : property Specially from employment obtained by both spouse after relationship that is certainly considered in states possessing a Local community property process to belong to the two spouses as undivided one-fifty percent pursuits
of your corporation : property belonging to a selected person — qualified terminable fascination property : property passing to some surviving wife or husband that qualifies for your marital deduction If your executor so elects supplying which the partner is entitled to acquire cash flow in payments made at the least annually for life Which not a soul has a power to appoint any Element of the property to any person in addition to the surviving partner
see also antenuptial settlement Notice: For most states, upon divorce marital property is split according to exactly what the court docket determines is equitable. — movable property : property (as particular property or crops) which can be moved — own property : property (as being a car) that is certainly movable but not together with crops or other sources however attached to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other means nonetheless connected to or throughout the land or improvements or fixtures permanently connected to your land or perhaps a composition on Additionally, it : an fascination, profit, ideal, or privilege in this kind of property
referred to as also immovable property — different property : property of a partner that isn't Group property or marital property Specifically : property obtained by a spouse ahead of relationship or separately during marriage (as by present or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic price as a consequence of it the insurance policy restricted property injury protection to tangible property
These illustrations are programmatically compiled from various on-line sources As an example existing use of your term 'property.' Any opinions expressed within the examples tend not to characterize All those of Merriam-Webster or its editors. Mail us feedback about these examples.
— marital property : property acquired by either wife or husband during the training course of a relationship that is certainly matter to division on divorce
see also asset, estate, desire perception one, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Take note: When property is deserted, the operator offers up the acceptable expectation of privateness about it. The finder of deserted property is entitled to maintain it, plus a law enforcement officer may possibly just take possession of abandoned property as evidence without having violating the assurance in opposition to unreasonable queries and seizures from the Fourth Modification on the U.S. Constitution. — soon after-acquired property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy situation and that is usually considered part of the bankruptcy estate : property acquired once the perfection of the lien or protection fascination Specially : these kinds of property obtained following the creation of a lien or security interest that may be subject on the lien or gets collateral for the security here interest : property transferred into the estate of the decedent right after execution from the will — common property : property owned or employed by multiple occasion especially : property owned or leased by tenants in typical
ownership in indivision at possession Notice: The states getting Group property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, within the civil regulation of Louisiana : tracts of land with their part elements — intangible property : property (as a inventory certificate or Experienced license) that derives price not from its intrinsic Bodily nature but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and distinct good quality of a detail or a class.
a : a quality or trait belonging and particularly peculiar to someone or factor b : an outcome that an item has on An additional item or to the senses c : virtue perception 2 d : an attribute prevalent to all associates of a category
a : one thing owned or possessed specifically : a bit of real estate b : the exclusive suitable to possess, appreciate, and get rid of a thing : possession c : some thing to which somebody or enterprise contains a authorized title d : a person (like a performer) that's underneath contract and whose operate is especially important e : a e-book or script purchased for publication or generation
property implies a characteristic that belongs to the thing's vital nature and will be made use of to describe a kind or species.
see also QTIP trust at have faith in Note: Underneath federal tax law the property has to be A part of the gross estate from the surviving husband or wife at his / her personal Demise, where it really is issue to taxation.