prevalent property Group property mental property particular property property injury property destruction insurance policies property ideal property tax public property
Examine tenancy in popular at tenancy — Neighborhood property : property held jointly by partner and wife precisely : property Specially from work acquired by either wife or husband right after relationship that is definitely deemed in states possessing a Local community property system to belong to the two spouses as undivided a person-fifty percent passions
of your corporation : property belonging to a specific man or woman — certified terminable fascination property : property passing to your surviving wife or husband that qualifies for your marital deduction Should the executor so elects offering that the husband or wife is entitled to acquire profits in payments manufactured at least each year for all times Which nobody has an influence to appoint any A part of the property to anyone besides the surviving wife or husband
see also antenuptial arrangement Note: In many states, upon divorce marital property is split according to what the courtroom decides is equitable. — movable property : property (as own property or crops) that could be moved — individual property : property (for a automobile) that may be movable although not including crops or other methods nonetheless connected to land : property other than real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other sources however hooked up to or within the land or improvements or fixtures completely hooked up towards the land or maybe a composition on What's more, it : an desire, benefit, suitable, or privilege in this kind of property
known as also immovable property — separate property : property of the wife or husband that's not Local community property or marital property Specially : property obtained by a spouse in advance of marriage or individually throughout relationship (as by reward or normally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial benefit thanks to it the insurance coverage coverage limited property damage coverage to tangible property
These examples are programmatically compiled from several on the net resources As an instance existing usage of the term 'property.' Any opinions expressed while in the illustrations do not represent Individuals of Merriam-Webster or its editors. Ship us responses about these illustrations.
— marital property : property obtained by possibly wife or husband over the training course of a marriage that is certainly subject matter to division on divorce
see also asset, estate, fascination perception one, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Take note: When property is deserted, the owner gives up the affordable expectation of privateness relating to it. The finder of deserted property is entitled to help keep it, along with a police officer could just take possession of deserted property as proof with no violating the promise from unreasonable searches and seizures in the Fourth Amendment into the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires after the commencement of the personal bankruptcy case and that's typically considered A part of the bankruptcy estate : property obtained once the perfection of the lien or protection desire Primarily : such property obtained following the generation of a lien or stability curiosity that's matter on the lien or turns into collateral for the security interest : property transferred to your estate of the decedent soon after execution of the will — common property : property owned or employed by multiple get together particularly : property owned or leased by tenants in typical
possession in indivision at ownership Observe: The states getting Local website community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry particularly, within the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (as being a inventory certification or Expert license) that derives value not from its intrinsic Actual physical character but from what it signifies — intellectual property
of not conducting warmth character relates to a peculiar and exclusive top quality of a issue or a category.
a : an excellent or trait belonging and particularly peculiar to an individual or point b : an result that an object has on A further object or within the senses c : virtue perception 2 d : an attribute common to all customers of a class
a : a thing owned or possessed exclusively : a bit of real estate b : the distinctive suitable to possess, love, and get rid of a detail : ownership c : anything to which a person or small business has a authorized title d : a person (such as a performer) who's underneath deal and whose function is particularly valuable e : a e-book or script acquired for publication or output
property implies a characteristic that belongs to your point's critical character and could be employed to explain a sort or species.
see also QTIP have confidence in at trust Notice: Less than federal tax legislation the property need to be included in the gross estate in the surviving husband or wife at his or her possess death, where it really is subject matter to taxation.