Fascination About america property

Fascination About america property

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widespread property Neighborhood property mental property personalized property property problems property problems insurance property right property tax public property

compare tenancy in popular at tenancy — Group property : property held jointly by partner and spouse specially : property In particular from work acquired by either spouse after relationship that may be deemed in states using a Neighborhood property program to belong to both spouses as undivided a person-50 % passions

in the corporation : property belonging to a particular human being — skilled terminable curiosity property : property passing to some surviving spouse that qualifies with the marital deduction If your executor so elects delivering that the spouse is entitled to acquire cash flow in payments created a minimum of on a yearly basis for all times and that no one has an influence to appoint any Portion of the property to any person aside from the surviving partner

see also antenuptial agreement Observe: In many states, upon divorce marital property is split In accordance with what the courtroom determines is equitable. — movable property : property (as own property or crops) which can be moved — individual property : property (to be a motor vehicle) that's movable although not which includes crops or other means even now attached to land : property besides real property a tax on the personal property

— real property : property consisting of land, buildings, crops, or other methods still connected to or throughout the land or enhancements or fixtures forever attached to your land or even a composition on In addition, it : an desire, reward, ideal, or privilege in this sort of property

termed also immovable property — independent property : property of the spouse that isn't community property or marital property Specially : property obtained by a partner right before marriage or independently all through marriage (as by present or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial value as a result of it the coverage policy limited property harm protection to tangible property

These illustrations are programmatically compiled from numerous on the web resources to illustrate present usage of the term 'property.' Any views expressed during the illustrations don't depict Those people of Merriam-Webster or its editors. Deliver us opinions about these illustrations.

— marital property : property obtained read more by either partner in the course of the class of the marriage which is matter to division on divorce

see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all rights Be aware: When property is abandoned, the owner provides up the reasonable expectation of privateness about it. The finder of deserted property is entitled to help keep it, as well as a law enforcement officer may well choose possession of deserted property as evidence without violating the assure towards unreasonable queries and seizures while in the Fourth Modification to your U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy circumstance and that's ordinarily thought of Element of the individual bankruptcy estate : property obtained once the perfection of the lien or stability curiosity Specifically : these kinds of property acquired following the development of a lien or security interest that's subject towards the lien or gets to be collateral for the security interest : property transferred into the estate of the decedent immediately after execution with the will — widespread property : property owned or utilized by more than one get together particularly : property owned or leased by tenants in typical

possession in indivision at possession Observe: The states possessing Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry precisely, during the civil legislation of Louisiana : tracts of land with their component components — intangible property : property (as a stock certificate or professional license) that derives benefit not from its intrinsic Actual physical character but from what it represents — mental property

of not conducting warmth character applies to a peculiar and distinctive high-quality of the factor or a category.

a : an outstanding or trait belonging and especially peculiar to an individual or detail b : an influence that an object has on another item or within the senses c : virtue feeling 2 d : an attribute popular to all customers of a class

a : something owned or possessed precisely : a piece of real estate b : the exclusive ideal to possess, enjoy, and eliminate a factor : possession c : anything to which a person or small business includes a lawful title d : a person (like a performer) who is underneath contract and whose do the job is particularly valuable e : a ebook or script bought for publication or generation

property implies a attribute that belongs to some matter's crucial mother nature and will be applied to describe a kind or species.

see also QTIP believe in at have faith in Observe: Below federal tax regulation the property should be A part of the gross estate of the surviving partner at his or her very own Dying, exactly where it can be subject to taxation.