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popular property Neighborhood property intellectual property own property property injury property damage insurance property ideal property tax community property
Evaluate tenancy in common at tenancy — Local community property : property held jointly by husband and spouse especially : property Particularly from work acquired by both spouse after relationship that is definitely deemed in states having a Local community property method to belong to both equally spouses as undivided a single-half passions
of the Company : property belonging to a particular human being — competent terminable desire property : property passing to some surviving husband or wife that qualifies for the marital deduction In case the executor so elects supplying which the spouse is entitled to obtain money in payments created no less than annually for life Which no one has an influence to appoint any part of the property to any person in addition to the surviving spouse
see also antenuptial arrangement Note: In the majority of states, on divorce marital property is divided In keeping with what the court establishes is equitable. — movable property : property (as private property or crops) which might be moved — personalized property : property (as being a car or truck) that's movable although not which includes crops or other means nevertheless connected to land : property in addition to real property a tax on the private property
— real property : property consisting of land, properties, crops, or other sources nevertheless connected to or throughout the land or advancements or fixtures forever hooked up into the land or a structure on Additionally, it : an curiosity, gain, ideal, or privilege in this sort of property
termed also immovable property — separate property : property of a partner that's not community property or marital property Specially : property obtained by a spouse prior to marriage or independently through marriage (as by gift or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price thanks to it the insurance policy coverage limited property damage coverage to tangible property
These examples are programmatically compiled from several on line resources As an example latest use from the term 'property.' Any viewpoints expressed from the illustrations usually do not symbolize People of Merriam-Webster or its editors. Send out us feedback about these examples.
— marital property : property obtained by possibly wife or husband throughout the class of a marriage that's matter to division on divorce
see also asset, estate, desire perception one, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the owner provides up the realistic expectation of privateness relating to it. The finder of deserted property is entitled to maintain it, and a police officer might consider possession of abandoned property as proof with no violating the promise in opposition to unreasonable queries and seizures inside the Fourth Amendment towards the U.S. Constitution. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the personal bankruptcy scenario and that's ordinarily thought of Element of the individual bankruptcy estate : property acquired after the perfection of a lien or security desire especially : this kind of property acquired after the generation of the lien or protection fascination that is definitely subject matter on the lien or gets collateral for the security curiosity : property transferred for the estate of a decedent just after execution of get more info your will — widespread property : property owned or utilized by more than one party particularly : property owned or leased by tenants in typical
ownership in indivision at possession Observe: The states obtaining Neighborhood property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, in the civil regulation of Louisiana : tracts of land with their ingredient areas — intangible property : property (like a stock certification or Qualified license) that derives worth not from its intrinsic physical mother nature but from what it signifies — intellectual property
of not conducting warmth character relates to a peculiar and unique top quality of a detail or a category.
a : a top quality 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 perception 2 d : an attribute common to all users of a class
a : something owned or possessed specially : a piece of real estate b : the exclusive suitable to possess, enjoy, and get rid of a point : ownership c : a thing to which someone or business provides a authorized title d : a single (such as a performer) that is less than contract and whose do the job is particularly beneficial e : a e book or script bought for publication or creation
property implies a attribute that belongs to some matter's crucial mother nature and will be made use of to explain a type or species.
see also QTIP have faith in at rely on Be aware: Less than federal tax law the property needs to be included in the gross estate of your surviving partner at his / her very own Dying, in which it is actually topic to taxation.