prevalent property community property mental property private property property harm property destruction coverage property appropriate property tax public property
Look at tenancy in widespread at tenancy — community property : property held jointly by husband and spouse exclusively : property Particularly from work acquired by either husband or wife right after relationship that is definitely deemed in states using a Neighborhood property process 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 interest property : property passing to your surviving spouse that qualifies for your marital deduction Should the executor so elects delivering the wife or husband is entitled to obtain profits in payments designed at the very least on a yearly basis for life and that not a soul has a power to appoint any Portion of the property to anyone besides the surviving spouse
see also antenuptial arrangement Take note: In many states, upon divorce marital property is divided according to just what the court decides is equitable. — movable property : property (as personal property or crops) which can be moved — particular property : property (as a car or truck) that's movable but not together with crops or other sources however hooked up to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, properties, crops, or other resources even now hooked up to or inside the land or enhancements or fixtures forever hooked up to the land or possibly a construction on What's more, it : an interest, benefit, ideal, or privilege in this kind of property
named also immovable property — different property : property of the spouse that is not Local community property or marital property Primarily : property acquired by a wife or husband before marriage or independently through relationship (as by reward or often by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth due to it the insurance coverage restricted property hurt protection to tangible property
These examples are programmatically compiled from different on-line sources As an example recent utilization of the word 'property.' Any views expressed in the examples usually do not symbolize People of Merriam-Webster or its editors. Send us suggestions about these illustrations.
— marital property : property obtained by possibly partner in the course of the training course of a marriage which is 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 here abandoned property is entitled to help keep it, and a police officer may perhaps choose possession of deserted property as evidence without having violating the assure towards unreasonable searches and seizures in the Fourth Modification for the U.S. Constitution. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a individual bankruptcy case and that is typically regarded as part of the individual bankruptcy estate : property obtained following the perfection of a lien or safety fascination Specifically : such property obtained after the development of a lien or stability fascination which is topic into the lien or will become collateral for the security interest : property transferred to the estate of the decedent right after execution from the will — prevalent property : property owned or utilized by multiple social gathering exclusively : property owned or leased by tenants in widespread
ownership in indivision at ownership Note: The states having Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry precisely, from the civil legislation of Louisiana : tracts of land with their element components — intangible property : property (as a inventory certification or Specialist license) that derives worth not from its intrinsic physical mother nature but from what it signifies — intellectual property
of not conducting heat character relates to a peculiar and exclusive top quality of a issue or a class.
a : a high quality or trait belonging and particularly peculiar to someone or point b : an impact that an item has on One more object or on the senses c : advantage feeling 2 d : an attribute prevalent to all associates of a class
a : a thing owned or possessed exclusively : a piece of real estate b : the unique ideal to have, appreciate, and eliminate a issue : ownership c : a little something to which someone or company contains a authorized title d : 1 (for instance a performer) who's underneath contract and whose operate is particularly beneficial e : a reserve or script acquired for publication or generation
property implies a attribute that belongs into a thing's vital nature and should be utilized to explain a type or species.
see also QTIP rely on at believe in Observe: Below federal tax regulation the property should be A part of the gross estate from the surviving husband or wife at his or her possess Dying, in which it is actually matter to taxation.