Fascination About america property

Fascination About america property

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prevalent property community property mental property private property property damage property problems insurance policies property correct property tax general public property

Examine tenancy in common at tenancy — Local community property : property held jointly by husband and spouse particularly : property Primarily from employment obtained by both wife or husband soon after relationship that is certainly deemed in states using a community property process to belong to each spouses as undivided a person-fifty percent pursuits

in the Company : property belonging to a specific human being — competent terminable desire property : property passing into a surviving wife or husband that qualifies for that marital deduction Should the executor so elects offering which the partner is entitled to acquire cash flow in payments designed at least per year for all times and that not a soul has a power to appoint any Component of the property to any person besides the surviving spouse

see also antenuptial arrangement Note: In the majority of states, upon divorce marital property is divided In keeping with what the court docket determines is equitable. — movable property : property (as personalized property or crops) which might be moved — private property : property (to be a car) that is definitely movable but not like crops or other means nevertheless hooked up to land : property other than real property a tax on the private property

— real property : property consisting of land, properties, crops, or other sources even now hooked up to or within the land or enhancements or fixtures forever attached on the land or simply a construction on Furthermore, it : an fascination, gain, correct, or privilege in these kinds of property

termed also immovable property — independent property : property of the wife or husband that is not Neighborhood property or marital property In particular : property acquired by a partner in advance of marriage or individually for the duration of relationship (as by gift or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth as a consequence of it the insurance policy limited property problems coverage to tangible property

These examples are programmatically compiled from numerous on the web resources to illustrate existing utilization of your word 'property.' Any thoughts expressed more info while in the illustrations never stand for These of Merriam-Webster or its editors. Ship us responses about these illustrations.

— marital property : property acquired by both husband or wife over the course of a marriage that is certainly subject matter to division on divorce

see also asset, estate, interest sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all rights Be aware: When property is abandoned, the proprietor offers up the fair expectation of privacy concerning it. The finder of abandoned property is entitled to help keep it, and also a law enforcement officer may perhaps consider possession of abandoned property as evidence without the need of violating the assure in opposition to unreasonable lookups and seizures during the Fourth Amendment towards the U.S. Constitution. — immediately after-obtained property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that is usually regarded as Section of the personal bankruptcy estate : property acquired after the perfection of a lien or protection fascination In particular : these types of property acquired after the creation of a lien or safety fascination that is definitely subject matter into the lien or becomes collateral for the security interest : property transferred for the estate of a decedent right after execution on the will — prevalent property : property owned or employed by multiple bash precisely : property owned or leased by tenants in typical

ownership in indivision at ownership Notice: The states acquiring Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specifically, within the civil law of Louisiana : tracts of land with their element areas — intangible property : property (being a inventory certification or Qualified license) that derives benefit not from its intrinsic Actual physical character but from what it signifies — mental property

of not conducting warmth character relates to a peculiar and exclusive good quality of the matter or a category.

a : an excellent or trait belonging and especially peculiar to somebody or thing b : an influence that an item has on another item or on the senses c : advantage perception 2 d : an attribute widespread to all members of a class

a : something owned or possessed specifically : a piece of real estate b : the unique proper to possess, appreciate, and dispose of a detail : possession c : a little something to which anyone or small business provides a legal title d : one particular (like a performer) who's below agreement and whose get the job done is particularly worthwhile e : a e-book or script obtained for publication or manufacturing

property implies a attribute that belongs to the matter's necessary character and will be employed to describe a sort or species.

see also QTIP rely on at have faith in Notice: Below federal tax law the property must be A part of the gross estate with the surviving husband or wife at their personal death, where by it can be matter to taxation.