common property community property mental property private property property damage property destruction insurance property right property tax general public property
Look at tenancy in frequent at tenancy — Neighborhood property : property held jointly by spouse and spouse specially : property Specially from employment obtained by both spouse following marriage that is deemed in states using a Group property technique to belong to both spouses as undivided one particular-50 % interests
of your Company : property belonging to a certain person — competent terminable interest property : property passing to your surviving spouse that qualifies with the marital deduction In the event the executor so elects furnishing that the husband or wife is entitled to obtain profits in payments created at least each year for life Which no-one has a power to appoint any Component of the property to any person besides the surviving spouse
see also antenuptial settlement Note: In the majority of states, upon divorce marital property is divided In keeping with exactly what the court docket decides is equitable. — movable property : property (as private property or crops) that can be moved — personalized property : property (as a motor vehicle) that is movable although not together with crops or other sources however attached to land : property besides real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other methods nonetheless connected to or within the land or enhancements or fixtures forever attached to your land or a construction on In addition it : an interest, gain, ideal, or privilege in this sort of property
identified as also immovable property — separate property : property of a wife or husband that is not Local community property or marital property Primarily : property acquired by a husband or wife right before marriage or independently all through marriage (as by present or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price because of it the insurance policy coverage limited property harm protection to tangible property
These illustrations are programmatically compiled from various on the internet resources For instance recent use from the phrase 'property.' Any views expressed in the examples tend not to characterize those of Merriam-Webster or its editors. Deliver us responses about these illustrations.
— marital property : property acquired by either husband or wife over the course of a marriage that is definitely issue to division upon divorce
see also asset, estate, curiosity feeling one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is abandoned, 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 take possession of abandoned property as evidence with no 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 regarded as Portion of the personal bankruptcy estate : property obtained after the perfection of a lien or safety curiosity Specially : these property obtained after the creation of a lien or safety fascination that is certainly subject matter into the lien or gets to be collateral for the security curiosity : property transferred for the estate of a decedent soon after execution with the will — prevalent property : property owned or employed by multiple bash specifically : property owned or leased by tenants in typical
ownership in indivision at ownership Be aware: The states obtaining Neighborhood property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry specially, during the civil regulation of Louisiana : tracts of land with their ingredient pieces — intangible read more property : property (to be a inventory certification or Experienced license) that derives benefit not from its intrinsic physical nature but from what it signifies — mental property
of not conducting warmth character relates to a peculiar and distinct high-quality of the detail or a category.
a : an excellent or trait belonging and particularly peculiar to somebody or detail b : an outcome that an item has on another item or over the senses c : advantage perception two d : an attribute popular to all users of a category
a : a little something owned or possessed precisely : a bit of real estate b : the special right to possess, enjoy, and eliminate a detail : possession c : a little something to which anyone or business enterprise contains a lawful title d : just one (like a performer) who's beneath contract and whose function is especially valuable e : a book or script procured for publication or output
property indicates a attribute that belongs into a issue's crucial nature and may be utilized to describe a sort or species.
see also QTIP rely on at rely on Notice: Beneath federal tax law the property should be included in the gross estate of your surviving husband or wife at her or his very own Loss of life, where it can be issue to taxation.