common property Neighborhood property mental property personalized property property injury property harm insurance coverage property ideal property tax community property
Evaluate tenancy in common at tenancy — community property : property held jointly by husband and spouse exclusively : property Particularly from work acquired by possibly husband or wife after relationship that's considered in states having a Local community property system to belong to both equally spouses as undivided one particular-half passions
of the Company : property belonging to a particular man or woman — certified terminable desire property : property passing to some surviving wife or husband that qualifies for your marital deduction When the executor so elects giving that the husband or wife is entitled to obtain income in payments produced at least every year for life Which no person has a power to appoint any Component of the property to anyone aside from the surviving spouse
see also antenuptial settlement Be aware: For most states, on divorce marital property is divided As outlined by what the courtroom determines is equitable. — movable property : property (as particular property or crops) that may be moved — own property : property (being a vehicle) that is certainly movable although not like crops or other resources however attached to land : property aside from real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other resources however attached to or inside the land or advancements or fixtures completely connected into the land or perhaps a framework on Additionally, it : an fascination, benefit, appropriate, or privilege in such property
referred to 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 independently during relationship (as by reward or typically by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic value as a result of it the insurance policy policy limited property destruction protection to tangible property
These examples are programmatically compiled from a variety of on the net resources For example present usage from the word 'property.' Any viewpoints expressed in the examples do not represent These of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property obtained by either spouse through the system of the relationship that may be subject to division upon divorce
see also asset, estate, curiosity feeling one, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Take note: When property is abandoned, the owner gives up the sensible expectation of privateness relating to it. website The finder of deserted property is entitled to help keep it, and also a law enforcement officer could acquire possession of deserted property as evidence with no violating the ensure towards unreasonable searches and seizures in the Fourth Modification to your U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy situation and that is ordinarily viewed as Component of the personal bankruptcy estate : property acquired following the perfection of a lien or security interest Particularly : such property acquired once the generation of the lien or safety curiosity which is matter for the lien or gets to be collateral for the security interest : property transferred to your estate of the decedent right after execution from the will — typical property : property owned or used by multiple social gathering particularly : property owned or leased by tenants in frequent
possession in indivision at possession Notice: The states obtaining Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry specially, during the civil regulation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (to be a inventory certificate or Experienced license) that derives price not from its intrinsic physical mother nature but from what it represents — mental property
of not conducting heat character relates to a peculiar and distinctive high-quality of the point or a category.
a : an outstanding or trait belonging and particularly peculiar to someone or point b : an impact that an item has on A different object or on the senses c : advantage perception 2 d : an attribute frequent to all members of a class
a : something owned or possessed specially : a piece of real estate b : the special appropriate to possess, delight in, and get rid of a detail : ownership c : something to which somebody or company contains a authorized title d : a person (for instance a performer) that's less than deal and whose function is very beneficial e : a reserve or script obtained for publication or production
property indicates a attribute that belongs into a thing's vital nature and should be utilized to explain a type or species.
see also QTIP rely on at believe in Observe: Under federal tax regulation the property needs to be A part of the gross estate in the surviving partner at her or his own Demise, where by it's issue to taxation.