frequent property Local community property intellectual property personalized property property damage property hurt insurance policies property right property tax general public property
Review tenancy in typical at tenancy — community property : property held jointly by partner and spouse especially : property Primarily from work acquired by both spouse after marriage that is definitely deemed in states aquiring a Neighborhood property process to belong to the two spouses as undivided one-50 percent interests
on the corporation : property belonging to a certain man or woman — qualified terminable fascination property : property passing to some surviving wife or husband that qualifies to the marital deduction if the executor so elects delivering that the partner is entitled to acquire earnings in payments designed at least annually for all times Which no person has an influence to appoint any part of the property to any person in addition to the surviving wife or husband
see also antenuptial agreement Be aware: In many states, upon divorce marital property is divided In accordance with what the courtroom establishes is equitable. — movable property : property (as personalized property or crops) which might be moved — personal property : property (being a vehicle) that is certainly movable although not which includes crops or other assets still hooked up 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 still attached to or in the land or improvements or fixtures completely attached for the land or a framework on In addition it : an curiosity, gain, right, or privilege in this sort of property
identified as also immovable property — individual property : property of a spouse that isn't Group property or marital property Particularly : property obtained by a wife or husband prior to relationship or separately throughout marriage (as by reward or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial benefit because of it the insurance policies plan restricted property harm coverage to tangible property
These illustrations are programmatically compiled from various on-line resources For example existing utilization on the term 'property.' Any opinions expressed within the examples will not represent These of Merriam-Webster or its editors. Ship us responses about these examples.
— marital property : property acquired by both wife or husband during the training course of the relationship that is topic to division on divorce
see also asset, estate, interest sense one, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Observe: When property is deserted, the operator gives up the sensible expectation of privacy concerning it. The finder of deserted property is entitled to keep it, and also a police officer could consider possession of deserted property as evidence with out violating the ensure from unreasonable lookups and seizures during the Fourth Modification towards the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that is usually regarded as Portion of the personal bankruptcy estate : property obtained once the website perfection of the lien or security interest Particularly : this sort of property acquired following the development of a lien or protection fascination that is definitely subject matter into the lien or results in being collateral for the safety interest : property transferred to the estate of a decedent following execution from the will — frequent property : property owned or utilized by more than one social gathering exclusively : property owned or leased by tenants in widespread
possession in indivision at possession Note: The states getting Neighborhood property legal guidelines 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 price not from its intrinsic Bodily character but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and unique top quality of a factor or a class.
a : a high quality or trait belonging and especially peculiar to an individual or thing b : an effect that an item has on A further item or to the senses c : advantage feeling 2 d : an attribute frequent to all associates of a class
a : some thing owned or possessed particularly : a piece of real estate b : the special ideal to have, delight in, and get rid of a issue : ownership c : one thing to which an individual or company features a legal title d : one (for instance a performer) that's underneath agreement and whose perform is particularly beneficial e : a ebook or script acquired for publication or creation
property implies a characteristic that belongs to a thing's critical mother nature and should be employed to describe a type or species.
see also QTIP belief at rely on Observe: Beneath federal tax regulation the property need to be included in the gross estate in the surviving spouse at his / her individual Demise, in which it's subject to taxation.