property - An Overview

property - An Overview

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widespread property Neighborhood property intellectual property private property property hurt property injury insurance plan property suitable property tax community property

Evaluate tenancy in widespread at tenancy — Group property : property held jointly by partner and wife specially : property Particularly from employment acquired by either husband or wife just after marriage that may be considered in states possessing a Group property method to belong to each spouses as undivided 1-half pursuits

on the corporation : property belonging to a particular human being — skilled terminable fascination property : property passing to some surviving spouse that qualifies with the marital deduction In case the executor so elects offering which the spouse is entitled to obtain earnings in payments made not less than per year for life Which not one person has a power to appoint any part of the property to anyone apart from the surviving spouse

see also antenuptial settlement Notice: In the majority of states, upon divorce marital property is split In accordance with what the court docket 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, properties, crops, or other sources continue to connected to or throughout the land or improvements or fixtures forever attached to your land or perhaps a composition on In addition, it : an desire, advantage, suitable, or privilege in this sort of property

termed also immovable property — independent property : property of the spouse that isn't Group property or marital property Specifically : property obtained by a spouse ahead of relationship or individually through marriage (as by gift or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price because of it the insurance policy plan limited property damage coverage to tangible property

These illustrations are programmatically compiled from many on-line resources For example present utilization of your word 'property.' Any thoughts expressed while in the illustrations don't symbolize All those of Merriam-Webster or its editors. Send us comments about these illustrations.

— marital property : property obtained by possibly spouse through the study course of the relationship that's topic to division on divorce

see also asset, estate, desire perception one, possession sense 1e — deserted property : property to which the operator has relinquished all rights Be aware: When property is abandoned, the proprietor offers up the acceptable expectation of privateness about it. The finder of abandoned property is entitled to keep it, as well as a police officer may possibly acquire possession of deserted property as proof without the need of violating the guarantee against unreasonable searches and seizures within the Fourth Amendment for the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that's ordinarily considered A part of the personal bankruptcy estate : property acquired once the perfection of the lien or security curiosity Specifically : these kinds of property obtained once the generation of a lien or security curiosity which is topic to your lien or results in being collateral for the security interest : property transferred towards the estate of a decedent soon after execution on the will — widespread property : property owned or employed by multiple bash specifically : property owned or leased by tenants in typical

ownership in indivision at ownership Note: check here The states owning Local community property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry precisely, from the civil regulation of Louisiana : tracts of land with their component parts — intangible property : property (as being a stock certificate or Skilled license) that derives benefit not from its intrinsic physical nature but from what it represents — intellectual property

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

a : a high quality or trait belonging and especially peculiar to somebody or issue b : an impact that an item has on A further item or about the senses c : virtue perception two d : an attribute frequent to all members of a category

a : anything owned or possessed especially : a bit of real estate b : the exceptional proper to possess, delight in, and get rid of a thing : possession c : one thing to which a person or small business includes a legal title d : just one (such as a performer) that's beneath deal and whose operate is especially important e : a e-book or script procured for publication or creation

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

see also QTIP believe in at rely on Note: Underneath federal tax law the property have to be A part of the gross estate in the surviving wife or husband at their individual death, the place it is matter to taxation.