prevalent property Neighborhood property mental property personalized property property harm property problems insurance plan property proper property tax public property
Evaluate tenancy in popular at tenancy — Group property : property held jointly by partner and wife especially : property Specifically from employment obtained by either husband or wife immediately after relationship that is definitely deemed in states having a community property procedure to belong to both equally spouses as undivided a single-half pursuits
with the corporation : property belonging to a particular particular person — qualified terminable interest property : property passing into a surviving spouse that qualifies for that marital deduction When the executor so elects delivering which the partner is entitled to get income in payments designed a minimum of per year for life Which no person has an influence to appoint any part of the property to anyone other than the surviving husband or wife
see also antenuptial agreement Notice: In many states, on divorce marital property is divided As outlined by what the courtroom establishes is equitable. — movable property : property (as personal property or crops) which can be moved — own property : property (to be a vehicle) that is certainly movable although not which include crops or other resources nonetheless connected to land : property besides real property a tax on the private property
— real property : property consisting of land, structures, crops, or other assets however hooked up to or in the land or advancements or fixtures completely connected to your land or even a composition on Additionally, it : an fascination, profit, proper, or privilege in this kind of property
identified as also immovable property — separate property : property of a husband or wife that's not community property or marital property Specially : property obtained by a spouse just before relationship or separately throughout relationship (as by present or generally by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic economic price because of it the insurance policy coverage limited property damage coverage to tangible property
These examples are programmatically compiled from several on line sources As an example latest usage from the phrase 'property.' Any views expressed in the illustrations tend not to stand for These of Merriam-Webster or its editors. Send out us responses about these illustrations.
— marital property : property acquired by both husband or wife during the program of a relationship that may be subject to division upon divorce
see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Observe: When property is abandoned, the operator presents up the affordable expectation of privacy relating to it. The finder of deserted property is entitled to maintain it, and a police officer could acquire possession of deserted property as proof without violating the assure 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 individual bankruptcy case and that is generally deemed Section of the personal bankruptcy estate : property obtained once the perfection of the lien or stability interest Particularly : this sort of property acquired following the development of the lien or protection fascination that is definitely issue into the lien or becomes collateral for the security interest : property transferred towards the estate of a decedent right after execution in the will — frequent property : property owned or utilized by multiple social gathering specially : property owned or leased by tenants in prevalent
possession in indivision at ownership Be aware: The states possessing Neighborhood property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry exclusively, while in the civil legislation of Louisiana : tracts of land with their part areas — intangible property : property (being a inventory certification or Specialist license) that derives price not from its intrinsic Bodily character but from what it represents — intellectual 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 particularly peculiar to somebody or detail b : an outcome that an item has on A further item or to the senses c : advantage feeling 2 d : an attribute frequent to all associates of a class
a : some thing owned or possessed particularly : a piece of real estate b : the exclusive ideal to have, love, and eliminate a matter : possession c : anything to which someone or company features a legal title d : one (for instance a performer) that's underneath agreement and whose perform is especially beneficial e : a book or script procured for publication or output
property indicates a attribute that belongs to some factor's essential mother nature and could be applied to explain a type or species.
see also QTIP believe in at believe more info in Notice: Less than federal tax regulation the property have to be A part of the gross estate with the surviving husband or wife at their personal Dying, where by it is subject matter to taxation.