Not known Details About property

Not known Details About property

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widespread property Group property intellectual property particular property property hurt property harm insurance property suitable property tax general public property

Assess tenancy in typical at tenancy — Group property : property held jointly by spouse and spouse specially : property Specially from work acquired by both husband or wife soon after marriage that's considered in states aquiring a Local community property method to belong to both of those spouses as undivided just one-fifty percent interests

in the Company : property belonging to a particular human being — experienced terminable interest property : property passing to some surviving husband or wife that qualifies for that marital deduction If your executor so elects furnishing that the husband or wife is entitled to acquire earnings in payments created not less than annually for life and that not one person has a power to appoint any part of the property to any person aside from the surviving wife or husband

see also antenuptial agreement Notice: For most states, upon divorce marital property is split Based on exactly what the court decides is equitable. — movable property : property (as individual property or crops) which can be moved — particular property : property (as being a motor vehicle) that is movable but not which include crops or other methods however hooked up to land : property besides real property a tax on the non-public property

— real property : property consisting of land, properties, crops, or other resources still hooked up to or within the land or advancements or fixtures forever hooked up on the land or simply a structure on Additionally, it : an desire, profit, correct, or privilege in such property

named also immovable property — individual property : property of the partner that isn't community property or marital property Particularly : property acquired by a wife or husband before relationship or separately during marriage (as by reward or often by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial benefit thanks to it the coverage plan limited property problems protection to tangible property

These illustrations are programmatically compiled from several on line resources to illustrate current use of the word 'property.' Any viewpoints expressed during the illustrations never represent Those people of Merriam-Webster or its editors. Deliver us suggestions about these illustrations.

— marital property : property acquired by either spouse through the training course of a relationship that may be subject to division upon divorce

see also asset, estate, curiosity perception one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is deserted, the owner provides up the realistic expectation of privateness about it. The finder of abandoned property is entitled to keep it, plus a law enforcement officer may perhaps consider possession of abandoned property as evidence devoid of violating the warranty against unreasonable searches and seizures inside the Fourth Modification to your U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy scenario and that's ordinarily considered A part of the personal bankruptcy estate : property obtained following the perfection of the lien or protection desire Primarily : such property acquired after the generation of the lien or security interest which is matter to your lien or results in being collateral for the safety interest : property transferred towards the estate of a decedent right after execution on the will — widespread property : property owned or utilized by multiple occasion specially click here : property owned or leased by tenants in popular

possession in indivision at possession Take note: The states having community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry especially, inside the civil legislation of Louisiana : tracts of land with their element elements — intangible property : property (like a inventory certificate or Skilled license) that derives worth not from its intrinsic Bodily character but from what it represents — intellectual property

of not conducting heat character applies to a peculiar and distinctive high quality of a matter or a class.

a : an excellent or trait belonging and particularly peculiar to an individual or matter b : an outcome that an item has on A different item or to the senses c : advantage feeling 2 d : an attribute frequent to all associates of a class

a : some thing owned or possessed particularly : a piece of real estate b : the exclusive right to have, love, and eliminate a matter : possession c : anything to which somebody or company features a legal title d : one (such as a performer) that's less than deal and whose operate is particularly beneficial e : a guide or script purchased for publication or output

property indicates a attribute that belongs into a point's important nature and could be applied to explain a kind or species.

see also QTIP have faith in at have confidence in Be aware: Under federal tax regulation the property needs to be A part of the gross estate on the surviving partner at his or her own Dying, wherever it truly is topic to taxation.