widespread property Group property mental property individual property property hurt property harm insurance property suitable property tax public property
Look at tenancy in prevalent at tenancy — community property : property held jointly by partner and spouse specially : property In particular from employment obtained by either husband or wife after relationship that may be considered in states getting a community property technique to belong to the two spouses as undivided a person-50 % passions
of your Company : property belonging to a particular individual — experienced terminable desire property : property passing to your surviving partner that qualifies for that marital deduction When the executor so elects furnishing the husband or wife is entitled to receive cash flow in payments made no less than yearly for all times and that no-one has an influence to appoint any A part of the property to anyone other than the surviving wife or husband
see also antenuptial settlement Note: In many states, on divorce marital property is split In accordance with exactly what the court docket determines is equitable. — movable property : property (as private property or crops) which can be moved — particular property : property (as being a car or truck) that's movable but not which includes crops or other assets however attached to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other sources even now hooked up to or within the land or advancements or fixtures forever connected for the land or possibly a structure on In addition, it : an fascination, profit, correct, or privilege in these kinds of property
identified as also immovable property — different property : property of a spouse that isn't Local community property or marital property In particular : property obtained by a partner just before marriage or individually all through relationship (as by present or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic economic price because of it the insurance policy restricted property destruction protection to tangible property
These examples are programmatically compiled from a variety of on line sources As an example latest usage from the phrase 'property.' Any viewpoints expressed in the examples usually do not symbolize People of Merriam-Webster or its editors. Send out us feed-back about these illustrations.
— marital property : property obtained by both wife or husband in the class of the relationship that is definitely issue to division on divorce
see also asset, estate, fascination perception 1, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is abandoned, the owner offers up the acceptable expectation of privacy regarding it. The finder of abandoned property is entitled to help keep it, in addition to a police officer could just take possession of deserted property as proof without having violating the warranty against unreasonable searches and seizures within the Fourth Amendment to the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy scenario and that's normally regarded Section of the bankruptcy estate : property obtained after the perfection of a lien or safety curiosity Specially : these types of property obtained after the creation of a lien or safety curiosity which is subject matter to your get more info lien or results in being collateral for the security interest : property transferred towards the estate of a decedent following execution in the will — widespread property : property owned or utilized by multiple occasion especially : property owned or leased by tenants in typical
possession in indivision at ownership Observe: The states getting Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry precisely, in the civil law of Louisiana : tracts of land with their component parts — intangible property : property (as a stock certificate or professional license) that derives value not from its intrinsic physical nature but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and distinctive good quality of the detail or a class.
a : an outstanding or trait belonging and especially peculiar to somebody or point b : an influence that an object has on A different object or to the senses c : virtue perception 2 d : an attribute popular to all associates of a category
a : one thing owned or possessed especially : a piece of real estate b : the distinctive right to have, enjoy, and dispose of a thing : ownership c : a thing to which an individual or small business includes a lawful title d : a single (for instance a performer) who's less than agreement and whose get the job done is very beneficial e : a guide or script procured for publication or manufacturing
property indicates a characteristic that belongs to your thing's crucial mother nature and will be applied to describe a kind or species.
see also QTIP belief at have confidence in Observe: Under federal tax legislation the property need to be A part of the gross estate of the surviving partner at her or his own Loss of life, wherever it's matter to taxation.