Fascination About america property

common property Local community property intellectual property own property property hurt property harm insurance coverage property right property tax general public property

Examine tenancy in popular at tenancy — Local community property : property held jointly by husband and spouse exclusively : property Primarily from employment acquired by both spouse after relationship which is considered in states getting a Neighborhood property process to belong to each spouses as undivided a person-fifty percent pursuits

on the corporation : property belonging to a specific human being — experienced terminable interest property : property passing to a surviving wife or husband that qualifies for your marital deduction Should the executor so elects furnishing the wife or husband is entitled to obtain income in payments manufactured at least every year for life and that not a soul has a power to appoint any Component of the property to any person aside from the surviving spouse

see also antenuptial arrangement Note: In many states, on divorce marital property is divided As outlined by exactly what the court docket decides is equitable. — movable property : property (as particular property or crops) that can be moved — personalized property : property (as a vehicle) which is movable although not together with crops or other sources nevertheless hooked up to land : property apart from real property a tax on the non-public property

— real property : property consisting of land, buildings, crops, or other assets continue to attached to or in the land or improvements or fixtures completely connected to the land or even a composition on Additionally, it : an desire, profit, correct, or privilege in this sort of property

identified as also immovable property — different property : property of a spouse that is not Neighborhood property or marital property Specially : property obtained by a wife or husband prior to relationship or independently through relationship (as by reward or often by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial benefit thanks to it the coverage plan limited property destruction protection to tangible property

These illustrations are programmatically compiled from many on line resources For example present-day use of your term 'property.' Any viewpoints expressed during the illustrations never stand for Those people of Merriam-Webster or its editors. Mail us opinions about these illustrations.

— marital property : property obtained by both husband or wife over the class of the relationship that may be subject to division upon divorce

see also asset, estate, desire perception one, possession feeling 1e — abandoned property : property to which the proprietor has relinquished all rights Notice: When property is deserted, the operator gives up the affordable expectation of privacy relating to it. The finder of deserted property is entitled to maintain it, and a police officer could just take possession of deserted property as evidence devoid of violating the assurance from unreasonable queries and seizures while in the Fourth Amendment on the U.S. Constitution. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy scenario and that is typically deemed A part of the bankruptcy estate : property obtained once the perfection of a lien or security interest Primarily : these types of property obtained following the creation of a lien or security fascination that is matter for the lien or gets to be collateral for the security curiosity : property transferred to the estate of the decedent right after execution with the will — popular property : property owned or employed by more than one bash specially : property owned or leased by tenants in widespread

possession in indivision at possession Observe: The states obtaining community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry specially, while in the civil law of Louisiana : tracts of land with their part parts — intangible property read more : property (being a stock certification or Expert license) that derives value not from its intrinsic Actual physical character but from what it represents — mental property

of not conducting heat character relates to a peculiar and exclusive top quality of a matter or a class.

a : a high quality or trait belonging and particularly peculiar to someone or point b : an effect that an item has on Yet another object or to the senses c : virtue perception 2 d : an attribute typical to all associates of a class

a : some thing owned or possessed particularly : a bit of real estate b : the unique ideal to possess, love, and dispose of a matter : ownership c : a thing to which someone or business provides a legal title d : a person (like a performer) who is underneath contract and whose do the job is especially worthwhile e : a book or script ordered for publication or production

property implies a attribute that belongs to a matter's important character and may be employed to explain a type or species.

see also QTIP have confidence in at belief Notice: Underneath federal tax regulation the property should be A part of the gross estate of your surviving partner at his / her personal Demise, where by it really is issue to taxation.

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