frequent property Local community property intellectual property individual property property harm property damage insurance coverage property correct property tax public property
Look at tenancy in popular at tenancy — Local community property : property held jointly by spouse and wife specifically : property Primarily from work acquired by either spouse after relationship that is certainly deemed in states having a Group property procedure to belong to equally spouses as undivided a single-50 % passions
in the corporation : property belonging to a certain individual — certified terminable interest property : property passing to the surviving spouse that qualifies with the marital deduction In case the executor so elects offering which the husband or wife is entitled to obtain income in payments designed at the least yearly for all times and that no one has an influence to appoint any part of the property to anyone aside from the surviving spouse
see also antenuptial arrangement Note: In the majority of states, upon divorce marital property is split Based on just what the courtroom establishes is equitable. — movable property : property (as personalized property or crops) that can be moved — particular property : property (as being a car or truck) which is movable although not such as crops or other methods nevertheless hooked up to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other means nevertheless hooked up to or within the land or enhancements or fixtures permanently connected to your land or even a framework on Additionally, it : an fascination, benefit, proper, or privilege in these types of property
referred to as also immovable property — different property : property of a partner that isn't Neighborhood property or marital property Primarily : property acquired by a husband or wife right before marriage or independently all through marriage (as by present or usually by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value as a consequence of it the insurance coverage limited property hurt coverage to tangible property
These illustrations are programmatically compiled from many on-line sources As an instance current usage on the term 'property.' Any viewpoints expressed in the examples tend not to characterize Those people of Merriam-Webster or its editors. Deliver us comments about these illustrations.
— marital property : property obtained by possibly spouse throughout the system of the relationship that may be subject to division upon divorce
see also asset, estate, interest feeling 1, possession feeling 1e — deserted property : property to which the proprietor has relinquished all legal rights Notice: When property is deserted, the proprietor offers up the acceptable expectation of privateness about it. The finder of deserted property is entitled to maintain it, and a police officer might get possession of abandoned property as evidence without having violating the assurance in opposition to unreasonable lookups and seizures inside the Fourth Amendment for the U.S. Constitution. — just after-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy case and that is commonly click here considered Component of the individual bankruptcy estate : property obtained following the perfection of a lien or safety desire Specially : such property acquired after the development of a lien or protection fascination that is certainly subject for the lien or gets to be collateral for the security fascination : property transferred to your estate of a decedent after execution in the will — prevalent property : property owned or utilized by multiple bash precisely : property owned or leased by tenants in frequent
ownership in indivision at possession Take note: The states having community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry precisely, from the civil legislation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (to be a inventory certification or Qualified license) that derives price not from its intrinsic Bodily character but from what it signifies — intellectual property
of not conducting heat character applies to a peculiar and distinctive quality of the detail or a category.
a : a quality or trait belonging and especially peculiar to somebody or issue b : an result that an object has on A further item or around the senses c : virtue perception two d : an attribute widespread to all customers of a class
a : a thing owned or possessed precisely : a bit of real estate b : the unique right to possess, delight in, and eliminate a point : ownership c : a thing to which someone or enterprise has a lawful title d : one particular (like a performer) who is less than agreement and whose do the job is particularly valuable e : a e book or script bought for publication or production
property indicates a characteristic that belongs into a thing's necessary nature and may be applied to describe a sort or species.
see also QTIP rely on at believe in Note: Underneath federal tax legislation the property needs to be A part of the gross estate of the surviving wife or husband at their have Dying, wherever it's subject to taxation.