typical property Group property intellectual property own property property injury property problems insurance policy property right property tax general public property
Assess tenancy in typical at tenancy — Group property : property held jointly by spouse and spouse particularly : property In particular from work acquired by possibly husband or wife following relationship that's considered in states possessing a Local community property method to belong to both of those spouses as undivided a single-50 % passions
of your Company : property belonging to a selected particular person — qualified terminable fascination property : property passing to a surviving husband or wife that qualifies with the marital deduction In the event the executor so elects furnishing the wife or husband is entitled to obtain money in payments created not less than each year for all times and that not one person has a power to appoint any Section of the property to any person aside from the surviving wife or husband
see also antenuptial arrangement Take note: In many states, on divorce marital property is divided In accordance with just what the court establishes is equitable. — movable property : property (as personal property or crops) which can be moved — own property : property (like a car or truck) that's movable although not together with crops or other sources however attached to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other methods still connected to or throughout the land or improvements or fixtures completely hooked up to the land or possibly a composition on Additionally, it : an fascination, profit, correct, or privilege in these kinds of property
called also immovable property — independent property : property of the wife or husband that is not Local community property or marital property Primarily : property acquired by a partner in advance of 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 thanks to it the insurance coverage coverage limited property harm coverage to tangible property
These illustrations are programmatically compiled from many on-line sources As an instance current usage in the phrase 'property.' Any viewpoints expressed within the examples will not stand for These of Merriam-Webster or its editors. Ship us responses about these illustrations.
— marital property : property acquired by either partner over the class of the relationship that's matter to division on divorce
see also asset, estate, desire perception 1, 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, as well as a police officer may possibly choose possession of deserted property as evidence with out violating the ensure in opposition to unreasonable queries and seizures from the Fourth Modification to the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of the personal bankruptcy scenario and that's ordinarily considered A part of the bankruptcy estate : property acquired following the perfection of a lien or protection fascination In particular : these types of property obtained once the generation of a lien or security interest that's topic for the lien or gets collateral for the safety fascination : property transferred to your estate of the decedent just after execution of your will — common property : property owned or used by multiple occasion precisely : property owned or leased by tenants in popular
possession in indivision at possession Take note: The states owning Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specifically, in the civil law of Louisiana : tracts of land with their component parts — intangible property : property (as a stock certification or Experienced license) that derives benefit not from its intrinsic Actual physical mother nature but from what it signifies — mental property
of not conducting warmth character relates to a peculiar and exclusive good quality of the point or a class.
a : a high quality or trait belonging and especially peculiar to a person or factor b : an effect that an object has on another item or over the senses c : advantage perception two d : an attribute widespread to all customers of a class
a : one thing owned or possessed particularly : a piece of real estate b : the exclusive right to have, love, and eliminate a issue : possession c : one thing to which someone or enterprise features a legal title d : one (for instance a performer) that's underneath agreement and whose perform is especially valuable e : a reserve or script procured for publication or generation
property indicates a characteristic that belongs to some thing's critical mother nature and should be employed to describe a type or species.
see also QTIP belief at belief Be aware: Under federal tax regulation the property need to be A part of the gross estate in the surviving partner at his or her get more info have Demise, the place it really is subject to taxation.