common property Group property mental property own property property destruction property destruction insurance property correct property tax public property
Evaluate tenancy in typical at tenancy — community property : property held jointly by husband and spouse precisely : property Primarily from work acquired by both spouse following marriage that's deemed in states aquiring a Group property process to belong to equally spouses as undivided one particular-fifty percent interests
of the Company : property belonging to a certain particular person — certified terminable interest property : property passing to a surviving wife or husband that qualifies for that marital deduction In case the executor so elects offering that the wife or husband is entitled to obtain income in payments built no less than every year for life Which not one person has a power to appoint any part of the property to anyone aside from the surviving partner
see also antenuptial settlement Observe: In many states, upon divorce marital property is split In accordance with what the court docket decides is equitable. — movable property : property (as personal property or crops) that could be moved — private property : property (as a car or truck) that's movable although not such as crops or other means nevertheless attached to land : property besides real property a tax on the personal property
— real property : property consisting of land, properties, crops, or other assets continue to connected to or within the land or enhancements or fixtures permanently connected to the land or maybe a construction on In addition it : an curiosity, benefit, appropriate, or privilege in such property
named also immovable property — separate property : property of a spouse that isn't Group property or marital property In particular : property acquired by a wife or husband just before relationship or individually throughout relationship (as by gift or typically by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic financial worth as a consequence of it the insurance policy plan restricted property hurt protection to tangible property
These examples are programmatically compiled from a variety of on line sources As an example present-day usage in the term 'property.' Any viewpoints expressed within the illustrations never signify People of Merriam-Webster or its editors. Mail us feedback about these examples.
— marital property : property obtained by either partner over the class of a marriage that is certainly issue to division on divorce
see also asset, estate, interest sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is deserted, the operator gives up the reasonable expectation of privacy regarding it. The finder of deserted property is entitled to help keep it, as well as a police officer may possibly choose possession of deserted property as evidence with out violating the promise from unreasonable queries and seizures during the Fourth Modification into the U.S. Constitution. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy case and that is usually regarded as A part of the bankruptcy estate : property acquired after the perfection of a lien or security interest Particularly : this kind of property acquired after the creation of a lien or stability desire that is definitely subject matter to your lien or will become collateral for the safety fascination : property transferred on the estate of a decedent right after execution from the will — typical property : property owned or used by multiple bash specially : property owned or leased by tenants in prevalent
possession in indivision at ownership Be aware: The states having Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry exclusively, inside the civil law of Louisiana : tracts of land with their ingredient sections — intangible property : property (being a stock certificate or Experienced license) that derives price not from its intrinsic Bodily nature but from what it represents — mental property
of not conducting heat character applies to a peculiar and distinct high quality of the matter or a class.
a : a quality or trait belonging and particularly peculiar to someone or factor b : an outcome that an item has on An additional item or to the senses c : virtue perception 2 d : an attribute typical to all users of a class
a : some thing owned or possessed precisely : a bit of real estate b : the unique ideal to possess, enjoy, and eliminate a point : possession c : anything to which a person or business enterprise includes a legal title d : just one (such as a performer) that's below deal and whose perform is especially worthwhile e : a book or script ordered for publication or manufacturing
property indicates a characteristic that belongs to your factor's crucial mother nature and will be made use of to describe a sort or species.
see also QTIP have confidence in at belief Notice: Less than federal tax law the property needs to be included in the gross estate with the surviving spouse at her or his have Loss of life, where website by it truly is issue to taxation.