frequent property Group property mental property personalized property property hurt property harm insurance policy property proper property tax public property
Look at tenancy in prevalent at tenancy — Neighborhood property : property held jointly by husband and spouse exclusively : property Specifically from work acquired by either wife or husband after marriage that is considered in states getting a community property process to belong to the two spouses as undivided 1-50 % interests
of your corporation : property belonging to a selected particular person — certified terminable desire property : property passing to some surviving husband or wife that qualifies for that marital deduction When the executor so elects giving that the wife or husband is entitled to obtain profits in payments produced not less than each year for all times and that no person has a power to appoint any Component of the property to any person aside from the surviving wife or husband
see also antenuptial arrangement Note: In the majority of states, on divorce marital property is divided according to exactly what the court docket determines is equitable. — movable property : property (as particular property or crops) that may be moved — personalized property : property (as a automobile) that may be movable but not together with crops or other resources nevertheless connected to land : property besides real property a tax on the private property
— real property : property consisting of land, properties, crops, or other resources nevertheless connected to or in the land or advancements or fixtures completely attached for the land or possibly a construction on What's more, it : an desire, reward, ideal, or privilege in such property
known as also immovable property — independent property : property of a partner that isn't Local community property or marital property Primarily : property acquired by a spouse just before marriage or individually in the course of relationship (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial benefit due to it the insurance policies plan restricted property problems protection to tangible property
These illustrations are programmatically compiled from many online resources to illustrate present utilization on the phrase 'property.' Any viewpoints expressed during the illustrations never characterize those of Merriam-Webster or its editors. Deliver us responses about these illustrations.
— marital property : property acquired by both husband or wife in the course of a relationship that is definitely subject to division upon divorce
see also asset, estate, curiosity feeling one, possession perception 1e — abandoned property : property to which the owner has relinquished all rights Observe: When property is deserted, the operator gives up the sensible expectation of privacy relating to it. The finder of deserted property is entitled to maintain it, and a police officer may get possession of abandoned property as proof without the need of violating the guarantee towards unreasonable queries and seizures while in 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 considered part of the bankruptcy estate : property acquired following the perfection of the lien or protection fascination In particular : these types of property obtained after the creation of a lien or security interest which is matter on the lien or will become collateral for the safety desire : property transferred into the estate of the decedent just after execution of the will — common property : property owned or used by more than one celebration especially : property owned or leased by tenants in frequent
ownership in indivision at ownership Notice: The states obtaining Local community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry specially, from the civil regulation of Louisiana : tracts of land with get more info their ingredient sections — intangible property : property (to be a stock certificate or professional license) that derives value not from its intrinsic Actual physical mother nature but from what it signifies — mental property
of not conducting heat character applies to a peculiar and distinctive high quality of a thing or a class.
a : a quality or trait belonging and especially peculiar to an individual or thing b : an effect that an item has on A further 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 especially : a piece of real estate b : the unique correct to possess, enjoy, and eliminate a detail : possession c : a thing to which somebody or small business provides a authorized title d : a single (like a performer) who is under contract and whose do the job is very precious e : a ebook or script acquired for publication or creation
property implies a characteristic that belongs to a detail's necessary character and should be made use of to describe a kind or species.
see also QTIP have confidence in at believe in Note: Less than federal tax regulation the property need to be included in the gross estate in the surviving spouse at his or her have Dying, the place it really is topic to taxation.