New Step by Step Map For property
New Step by Step Map For property
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Look at tenancy in frequent at tenancy — Group property : property held jointly by spouse and spouse specially : property Specifically from work acquired by possibly partner right after relationship that is considered in states having a Neighborhood property process to belong to each spouses as undivided just one-50 % interests
in the corporation : property belonging to a selected person — experienced terminable fascination property : property passing into a surviving husband or wife that qualifies with the marital deduction if the executor so elects offering the husband or wife is entitled to receive income in payments created no less than yearly for life Which not one person has an influence to appoint any Portion of the property to anyone other than the surviving partner
see also antenuptial settlement Note: In many states, on divorce marital property is split according to what the courtroom decides is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (like a motor vehicle) that is definitely movable although not together with crops or other resources nonetheless connected to land : property other than real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other assets however hooked up to or throughout the land or advancements or fixtures forever hooked up to your land or simply a composition on it also : an interest, benefit, correct, or privilege in this sort of property
referred to as also immovable property — independent property : property of a wife or husband that's not Local community property or marital property Specifically : property acquired by a wife or husband prior to marriage or independently for the duration of marriage (as by present or generally by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value as a result of it the insurance policies plan limited property harm coverage to tangible property
These illustrations are programmatically compiled from many on line sources For instance latest use of your word 'property.' Any thoughts expressed while in the examples tend not to characterize All those of Merriam-Webster or its editors. Send out us feed-back about these illustrations.
— marital property : property obtained by possibly wife or husband during the training course of the marriage that's subject to division on divorce
see also asset, estate, fascination feeling 1, possession sense 1e — abandoned property : property to which the owner has relinquished all legal rights Take note: When property is abandoned, the operator offers up the acceptable expectation of privateness relating to it. The finder of deserted property is entitled to help keep it, plus a police officer could get possession of abandoned property as evidence without having violating the promise towards unreasonable searches and seizures in the Fourth Modification to your U.S. Structure. — right after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the personal bankruptcy situation and that is typically regarded as A part of the bankruptcy estate : property obtained once the perfection of the lien or safety desire In particular : these property obtained following the generation of a lien or safety desire that may be issue to your lien or gets collateral for the security fascination : property transferred towards the estate of the decedent immediately after execution in the will — common property : property owned or employed by more than one bash exclusively : property owned or leased by tenants in typical
possession in indivision at possession Note: The states acquiring Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry particularly, from the civil law of Louisiana : tracts of land with their part elements — intangible property : property (as a inventory certification or Skilled license) that derives benefit not from its intrinsic physical character but website from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and exclusive high quality of a detail or a category.
a : an excellent or trait belonging and especially peculiar to somebody or point b : an outcome that an object has on A further object or to the senses c : advantage feeling two d : an attribute frequent to all users of a class
a : a little something owned or possessed exclusively : a piece of real estate b : the distinctive right to have, appreciate, and eliminate a factor : possession c : something to which somebody or company provides a legal title d : a single (for instance a performer) who is underneath contract and whose perform is very valuable e : a e-book or script ordered for publication or production
property implies a attribute that belongs to the factor's vital mother nature and may be employed to explain a sort or species.
see also QTIP believe in at have faith in Take note: Under federal tax law the property have to be A part of the gross estate of the surviving partner at his / her own Loss of life, where by it can be issue to taxation.