The 2-Minute Rule for real estate agent

The 2-Minute Rule for real estate agent

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widespread property Local community property intellectual property own property property hurt property harm insurance property appropriate property tax public property

Review tenancy in frequent at tenancy — Group property : property held jointly by husband and spouse particularly : property In particular from work obtained by either wife or husband following relationship which is considered in states having a Local community property procedure to belong to each spouses as undivided one particular-50 % interests

from the corporation : property belonging to a certain person — competent terminable fascination property : property passing to a surviving partner that qualifies for that marital deduction In case the executor so elects offering which the partner is entitled to acquire income in payments manufactured at least each year for all times Which no-one has an influence to appoint any Element of the property to any person aside from the surviving wife or husband

see also antenuptial agreement Notice: In the majority of states, on divorce marital property is divided In line with exactly what the court establishes is equitable. — movable property : property (as private property or crops) which might be moved — individual property : property (being a auto) which is movable although not together with crops or other resources nevertheless connected to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, properties, crops, or other resources still attached to or within the land or improvements or fixtures permanently attached for the land or maybe a composition on it also : an interest, reward, suitable, or privilege in this kind of property

known as also immovable property — individual property : property of the spouse that isn't Local community property or marital property In particular : property obtained by a wife or husband before marriage or individually throughout marriage (as by reward or often by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic financial value as a result of it the insurance plan plan limited property problems protection to tangible property

These examples are programmatically compiled from several on line sources For instance recent use in the phrase 'property.' Any views expressed within the illustrations do not symbolize Individuals of Merriam-Webster or its editors. Ship us responses about these illustrations.

— marital property : property acquired by either spouse throughout check here the system of the relationship that is issue to division on divorce

see also asset, estate, desire feeling one, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the proprietor offers up the fair expectation of privateness concerning it. The finder of deserted property is entitled to maintain it, in addition to a law enforcement officer may consider possession of abandoned property as evidence without having violating the promise in opposition to unreasonable searches and seizures inside the Fourth Amendment on the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy scenario and that's commonly regarded Portion of the bankruptcy estate : property obtained once the perfection of a lien or security desire especially : such property acquired once the development of a lien or security desire that is definitely subject matter for the lien or gets to be collateral for the safety fascination : property transferred for the estate of a decedent immediately after execution on the will — frequent property : property owned or used by multiple celebration specifically : property owned or leased by tenants in prevalent

ownership in indivision at possession Observe: The states obtaining Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry exclusively, within the civil law of Louisiana : tracts of land with their part elements — intangible property : property (as being a inventory certificate or professional license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property

of not conducting warmth character relates to a peculiar and distinctive excellent of a detail or a category.

a : a quality or trait belonging and particularly peculiar to an individual or thing b : an influence that an object has on A further object or on the senses c : advantage sense 2 d : an attribute common to all customers of a class

a : a thing owned or possessed especially : a bit of real estate b : the distinctive right to have, take pleasure in, and dispose of a detail : ownership c : a little something to which someone or business incorporates a lawful title d : one (like a performer) that is under agreement and whose get the job done is especially beneficial e : a ebook or script procured for publication or manufacturing

property implies a attribute that belongs to a point's necessary nature and could be utilized to describe a kind or species.

see also QTIP belief at believe in Notice: Less than federal tax law the property have to be A part of the gross estate of the surviving wife or husband at his or her possess Dying, exactly where it truly is issue to taxation.