common property Local community property mental property particular property property injury property destruction coverage property appropriate property tax public property
Review tenancy in typical at tenancy — Group property : property held jointly by spouse and wife specifically : property Primarily from employment obtained by either wife or husband soon after marriage that is definitely deemed in states using a Neighborhood property procedure to belong to equally spouses as undivided 1-50 percent passions
of your corporation : property belonging to a particular man or woman — certified terminable fascination property : property passing to a surviving wife or husband that qualifies for your marital deduction In the event the executor so elects furnishing the spouse is entitled to get income in payments created not less than per year for life Which not one person has a power to appoint any Section of the property to any person besides the surviving spouse
see also antenuptial settlement Be aware: In many states, on divorce marital property is divided Based on exactly what the court docket determines is equitable. — movable property : property (as particular property or crops) that may be moved — particular property : property (as being a motor vehicle) that is certainly movable but not like crops or other resources nonetheless connected to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other methods still connected to or throughout the land or enhancements or fixtures forever attached to your land or possibly a framework on In addition it : an interest, reward, suitable, or privilege in these types of property
known as 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 relationship or individually for the duration of relationship (as by gift or usually by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value on account of it the insurance policy restricted property hurt protection to tangible property
These illustrations are programmatically compiled from different on the net resources to illustrate latest usage in the phrase 'property.' Any opinions expressed inside the illustrations never stand for These of Merriam-Webster or its editors. Ship us responses about these examples.
— marital property : property acquired by both husband or wife in the program of a relationship that is definitely subject to division upon divorce
see also asset, estate, curiosity perception one, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Observe: When property is deserted, the owner gives up the sensible expectation of privateness about it. The finder of deserted property is entitled to keep it, along with a police officer may well choose possession of abandoned property as evidence without having violating the promise from unreasonable lookups and seizures during the Fourth Amendment towards the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the bankruptcy case and that is typically regarded Section of the individual bankruptcy estate : property obtained once the perfection of the lien or stability interest Particularly : this kind of property acquired following the development of the lien or protection curiosity that is certainly subject matter into the lien or results in being collateral for the safety interest : property transferred to the estate of a decedent following execution from the will — frequent property : property owned or utilized by multiple social gathering exclusively : property owned or leased by tenants in prevalent
possession in indivision at possession Observe: The states acquiring Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specifically, in the civil law of Louisiana : tracts of land with their component parts — intangible property : property (as being a stock certificate or professional license) that derives value not from its intrinsic physical nature but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and distinctive quality of a thing or a category.
a : an excellent or trait belonging and particularly peculiar to somebody or detail b : an outcome that an item has on A further item or here within the senses c : virtue feeling 2 d : an attribute popular to all associates of a category
a : one thing owned or possessed precisely : a bit of real estate b : the unique ideal to possess, enjoy, and dispose of a factor : possession c : a thing to which somebody or small business provides a legal title d : just one (such as a performer) that's beneath deal and whose perform is very worthwhile e : a book or script acquired for publication or production
property indicates a attribute that belongs to some point's important nature and could be made use of to explain a kind or species.
see also QTIP have faith in at have confidence in Take note: Below federal tax legislation the property should be A part of the gross estate of the surviving husband or wife at his / her own Loss of life, where by it really is issue to taxation.