widespread property Group property mental property personal property property destruction property hurt insurance policies property correct property tax general public property
Examine tenancy in common at tenancy — Local community property : property held jointly by partner and wife precisely : property Specially from work acquired by possibly partner just after marriage that may be deemed in states using a community property technique to belong to both spouses as undivided one particular-half interests
with the corporation : property belonging to a certain individual — skilled terminable interest property : property passing to the surviving partner that qualifies with the marital deduction In the event the executor so elects providing that the partner is entitled to get income in payments manufactured at least yearly for all times and that not one person has a power to appoint any Component of the property to anyone other than the surviving partner
see also antenuptial arrangement Take note: In many states, upon divorce marital property is divided according to what the court decides is equitable. — movable property : property (as particular property or crops) that can be moved — personal property : property (for a vehicle) that's movable although not which include crops or other resources nonetheless connected to land : property besides real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other assets however attached to or inside the land or improvements or fixtures permanently attached into the land or even a framework on Additionally, it : an desire, benefit, proper, or privilege in these kinds of property
known as also immovable property — individual property : property of the spouse that isn't Group property or marital property Particularly : property obtained by a wife or husband prior to relationship or separately throughout relationship (as by reward or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth as a consequence of it the insurance coverage coverage restricted property injury coverage to tangible property
These illustrations are programmatically compiled from numerous on the internet sources As an example current utilization with the term 'property.' Any opinions expressed inside the illustrations will not characterize Those people of Merriam-Webster or its editors. Ship us opinions about these examples.
— marital property : property acquired by either partner over the class of a marriage that is certainly topic to division upon divorce
see also asset, estate, interest perception 1, possession feeling 1e — deserted property : property to which the operator has relinquished all rights Observe: When property is deserted, the owner offers up the acceptable expectation of privateness regarding it. The finder of abandoned property is entitled to maintain it, and also a law enforcement officer may well acquire possession of abandoned property as proof devoid of violating the warranty from unreasonable searches and seizures while in the Fourth Amendment to the U.S. Constitution. — just after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that's usually deemed Section of the individual bankruptcy estate : property obtained once the perfection of a lien or safety curiosity Specially : this sort of property acquired once the creation of a lien or stability interest which is subject matter to the lien or results in being collateral for the safety desire : property transferred to the estate of a decedent right after execution on the will — prevalent property : property owned or utilized by multiple bash exclusively : property owned or leased by tenants in typical
possession in indivision at possession Notice: The states getting Group property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry precisely, while in the civil law of Louisiana : tracts of land with their component components — intangible property : property (like a stock certification or Skilled license) that derives value not from its intrinsic Actual physical nature but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and unique high quality of a factor or a class.
a : a high quality or trait belonging and especially peculiar to an individual or factor b : an impact that check here an object has on another object or on the senses c : advantage perception two d : an attribute popular to all users of a category
a : a thing owned or possessed especially : a piece of real estate b : the unique correct to possess, appreciate, and dispose of a thing : possession c : a little something to which anyone or business enterprise provides a lawful title d : one particular (like a performer) that is beneath agreement and whose perform is especially beneficial e : a guide or script bought for publication or production
property implies a attribute that belongs to the matter's vital character and will be utilized to describe a sort or species.
see also QTIP rely on at rely on Observe: Below federal tax regulation the property has to be A part of the gross estate from the surviving partner at their individual Loss of life, where by it's subject to taxation.