typical property Local community property intellectual property own property property injury property destruction insurance plan property appropriate property tax public property
Assess tenancy in frequent at tenancy — Group property : property held jointly by spouse and spouse exclusively : property Specifically from work acquired by either husband or wife right after marriage that may be considered in states getting a community property technique to belong to the two spouses as undivided a person-fifty percent pursuits
in the Company : property belonging to a specific human being — competent terminable desire property : property passing to some surviving husband or wife that qualifies for the marital deduction In the event the executor so elects furnishing that the husband or wife is entitled to acquire revenue in payments built at the very least on a yearly basis for life and that no person has an influence to appoint any Element of the property to any person aside from the surviving wife or husband
see also antenuptial agreement Observe: In most 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 — personal property : property (as being a motor vehicle) that may be movable but not which includes crops or other methods even now attached to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other methods continue to hooked up to or within the land or improvements or fixtures completely connected to your land or a construction on Furthermore, it : an desire, profit, correct, or privilege in these kinds of property
termed also immovable property — separate property : property of a spouse that's not community property or marital property Particularly : property acquired by a spouse just before marriage or independently for the duration of relationship (as by reward or normally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial price as a consequence of it the coverage plan limited property damage coverage to tangible property
These examples are programmatically compiled from numerous on the internet sources For instance present usage from the word 'property.' Any thoughts expressed in the examples do not represent those of Merriam-Webster or its editors. Send us suggestions about these examples.
— marital property : property obtained by possibly husband or wife over the system of the marriage that is certainly matter to division upon divorce
see also asset, estate, curiosity sense one, possession perception 1e — deserted property : property to which the proprietor has relinquished all rights Notice: When property is abandoned, the owner gives up the fair expectation of privateness relating to it. The finder of abandoned property check here is entitled to keep it, and also a law enforcement officer may possibly get possession of abandoned property as proof with no violating the assurance versus unreasonable searches and seizures within the Fourth Modification to your U.S. Constitution. — just after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a individual bankruptcy scenario and that is ordinarily viewed as Section of the personal bankruptcy estate : property acquired once the perfection of the lien or safety interest Primarily : these property obtained after the generation of the lien or safety interest that may be subject matter on the lien or gets to be collateral for the safety curiosity : property transferred to your estate of a decedent just after execution on the will — frequent property : property owned or used by multiple get together specifically : property owned or leased by tenants in widespread
ownership in indivision at possession Be aware: The states owning Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, inside the civil law of Louisiana : tracts of land with their part components — intangible property : property (to be a inventory certificate or professional license) that derives price not from its intrinsic physical mother nature but from what it represents — mental property
of not conducting heat character relates to a peculiar and distinctive good quality of a issue or a category.
a : a top quality or trait belonging and especially peculiar to someone or point b : an effect that an item has on Yet another item or about the senses c : virtue feeling 2 d : an attribute prevalent to all associates of a category
a : one thing owned or possessed precisely : a piece of real estate b : the exclusive appropriate to possess, delight in, and dispose of a detail : possession c : something to which somebody or enterprise contains a authorized title d : a person (like a performer) that's below deal and whose function is very beneficial e : a reserve or script obtained for publication or output
property implies a attribute that belongs to some point's essential character and could be employed to explain a type or species.
see also QTIP rely on at believe in Observe: Under federal tax legislation the property need to be included in the gross estate on the surviving wife or husband at their individual death, the place it is subject matter to taxation.