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common property Local community property mental property individual property property destruction property problems insurance plan property appropriate property tax public property
compare tenancy in common at tenancy — Local community property : property held jointly by spouse and wife specially : property especially from employment obtained by both wife or husband soon after marriage which is considered in states possessing a Group property technique to belong to each spouses as undivided a person-fifty percent interests
on the Company : property belonging to a selected individual — competent terminable interest property : property passing into a surviving wife or husband that qualifies for that marital deduction if the executor so elects delivering that the husband or wife is entitled to get earnings in payments designed a minimum of on a yearly basis for life Which no one has an influence to appoint any part of the property to anyone in addition to the surviving spouse
see also antenuptial arrangement Observe: In most states, upon divorce marital property is divided according to exactly what the courtroom establishes is equitable. — movable property : property (as individual property or crops) which can be moved — own property : property (like a auto) which is movable although not such as crops or other methods nonetheless connected to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other assets however hooked up to or within the land or advancements or fixtures permanently attached towards the land or even a framework on it also : an desire, profit, correct, or privilege in these property
called also immovable property — independent property : property of the wife or husband that isn't Local community property or marital property especially : property acquired by a husband or wife right before marriage or independently during marriage (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth as a consequence of it the coverage policy restricted property problems protection to tangible property
These illustrations are programmatically compiled from numerous on the internet resources to illustrate existing utilization on the phrase 'property.' Any views expressed within the examples do not signify These of Merriam-Webster or its editors. Send us opinions about these illustrations.
— marital property : property obtained by both husband or wife in the course of the program of the relationship that is definitely subject to division upon divorce
see also asset, estate, interest sense one, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Observe: When property is abandoned, the owner gives up the reasonable expectation of privateness relating to it. The finder of abandoned property is entitled to keep it, as well as a police officer may possibly just take possession of abandoned property as evidence without violating the warranty versus unreasonable lookups and seizures during the Fourth Modification into the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires following the commencement of the personal bankruptcy case and that's normally regarded Section of the personal bankruptcy estate : property acquired after the perfection of the lien or stability curiosity especially : such property obtained following the creation of the lien or protection interest that is get more info definitely issue to your lien or gets collateral for the security desire : property transferred into the estate of the decedent right after execution of your will — prevalent property : property owned or utilized by more than one party precisely : property owned or leased by tenants in prevalent
ownership in indivision at ownership Observe: The states possessing community property legislation 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 being a stock certificate or Expert license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property
of not conducting warmth character relates to a peculiar and unique excellent of a thing or a category.
a : an outstanding or trait belonging and especially peculiar to a person or point b : an result that an object has on Yet another item or within the senses c : advantage feeling 2 d : an attribute popular to all users of a category
a : a thing owned or possessed specially : a bit of real estate b : the exceptional appropriate to have, get pleasure from, and get rid of a point : ownership c : some thing to which a person or business has a lawful title d : just one (for instance a performer) that is beneath contract and whose function is particularly precious e : a e book or script ordered for publication or generation
property implies a characteristic that belongs to a thing's critical mother nature and should be employed to describe a type or species.
see also QTIP trust at belief Observe: Underneath federal tax legislation the property have to be A part of the gross estate from the surviving partner at his or her individual Loss of life, where it truly is issue to taxation.