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prevalent property community property mental property individual property property damage property damage coverage property appropriate property tax community property
compare tenancy in prevalent at tenancy — Neighborhood property : property held jointly by partner and spouse especially : property especially from employment obtained by possibly partner after marriage that may be deemed in states aquiring a Local community property system to belong to equally spouses as undivided 1-50 % pursuits
on the corporation : property belonging to a particular man or woman — certified terminable fascination property : property passing into a surviving spouse that qualifies for that marital deduction If your executor so elects offering which the husband or wife is entitled to receive cash flow in payments built at the very least annually for life Which nobody has an influence to appoint any part of the property to anyone other than the surviving husband or wife
see also antenuptial settlement Be aware: For most states, upon divorce marital property is divided As outlined by what the courtroom decides is equitable. — movable property : property (as individual property or crops) that could be moved — particular property : property (as a motor vehicle) that may be movable but not like crops or other assets even now connected to land : property other than real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other means nonetheless connected to or throughout the land or improvements or fixtures permanently connected to your land or maybe a structure on Furthermore, it : an interest, advantage, correct, or privilege in these property
named also immovable property — different property : property of the spouse that is not Neighborhood property or marital property Specifically : property obtained by a spouse just before relationship or individually for the duration of relationship (as by present or generally by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit thanks to it the insurance policy restricted property damage coverage to tangible property
These examples are programmatically compiled from numerous on the internet resources As here an instance current usage on the term 'property.' Any thoughts expressed inside the examples tend not to depict All those of Merriam-Webster or its editors. Send out us feed-back about these illustrations.
— marital property : property obtained by possibly husband or wife during the training course of the relationship that is matter to division upon divorce
see also asset, estate, fascination feeling one, possession feeling 1e — abandoned property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the proprietor provides up the acceptable expectation of privateness concerning it. The finder of abandoned property is entitled to help keep it, along with a police officer may take possession of deserted property as proof without the need of violating the warranty versus unreasonable queries and seizures inside the Fourth Modification into the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that is usually thought of Element of the individual bankruptcy estate : property obtained after the perfection of a lien or safety curiosity In particular : these types of property obtained once the creation of a lien or security interest which is topic for the lien or gets collateral for the safety fascination : property transferred to your estate of the decedent soon after execution from the will — common property : property owned or employed by multiple get together specifically : property owned or leased by tenants in typical
ownership in indivision at ownership Be aware: The states possessing Neighborhood property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry especially, within the civil regulation of Louisiana : tracts of land with their element parts — intangible property : property (as being a stock certificate or Expert license) that derives worth not from its intrinsic physical nature but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and distinct good quality of a matter or a class.
a : a quality or trait belonging and especially peculiar to a person or issue b : an result that an object has on Yet another object or within the senses c : advantage feeling two d : an attribute frequent to all members of a category
a : one thing owned or possessed exclusively : a piece of real estate b : the exceptional correct to have, take pleasure in, and eliminate a point : possession c : anything to which someone or enterprise includes a legal title d : 1 (such as a performer) that's below deal and whose function is particularly beneficial e : a ebook or script procured for publication or manufacturing
property indicates a characteristic that belongs to your factor's necessary nature and will be employed to describe a sort or species.
see also QTIP belief at belief Observe: Less than federal tax legislation the property need to be included in the gross estate on the surviving wife or husband at their individual death, in which it can be subject to taxation.