prevalent property Group property mental property individual property property destruction property hurt insurance policy property correct property tax general public property
Review tenancy in typical at tenancy — Group property : property held jointly by spouse and wife specially : property Specially from work obtained by either wife or husband soon after marriage that may be deemed in states aquiring a Local community property system to belong to both equally spouses as undivided a single-50 percent interests
of your corporation : property belonging to a selected particular person — qualified terminable fascination property : property passing to some surviving wife or husband that qualifies for your marital deduction If your executor so elects delivering which the husband or wife is entitled to receive profits in payments produced not less than annually for all times Which no-one has an influence to appoint any A part of the property to anyone in addition to the surviving wife or husband
see also antenuptial agreement Observe: For most states, on divorce marital property is split Based on exactly what the court docket determines is equitable. — movable property : property (as particular property or crops) that may be moved — own property : property (like a auto) which is movable although not which includes crops or other means nevertheless hooked up to land : property other than real property a tax on the private property
— real property : property consisting of land, properties, crops, or other resources nevertheless attached to or inside the land or advancements or fixtures permanently connected into the land or perhaps a framework on it also : an curiosity, gain, right, or privilege in this sort of property
termed also immovable property — independent property : property of a husband or wife that's not Neighborhood property or marital property In particular : property obtained by a spouse prior to relationship or separately throughout relationship (as by present or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial benefit because of it the coverage coverage limited property destruction coverage to tangible property
These examples are programmatically compiled from different on the net resources to illustrate present utilization from the word 'property.' Any thoughts expressed during the examples do not represent These of Merriam-Webster or its editors. Send us suggestions about these examples.
— marital property : property acquired by both husband or wife in the course of a relationship that may be matter to division upon divorce
see also asset, estate, fascination feeling 1, possession feeling 1e — abandoned property : property to which the owner has relinquished all rights Be aware: When property is abandoned, the owner gives up the reasonable expectation of privacy concerning it. The finder of deserted property is entitled to maintain it, in addition to a law enforcement officer may perhaps choose possession of deserted property as proof devoid of violating the assurance from unreasonable queries and seizures while in the Fourth Amendment for the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy scenario and that is generally regarded as part of the individual bankruptcy estate : property obtained following the perfection of a lien or security desire Primarily : these types of property obtained once the development of a lien or security desire that is definitely topic to your lien or gets collateral for the security interest : property transferred to the estate of the decedent soon after execution in the will — typical property : property owned or used by multiple social gathering exclusively : property owned or leased by tenants in frequent
ownership in indivision at possession Observe: The states obtaining Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specially, while in the civil law of Louisiana : tracts of land with their component sections — intangible property : property (being a stock certificate or Experienced license) that derives price not from its intrinsic physical nature but from what it represents — mental property
of not conducting heat character applies to a peculiar and exclusive high-quality of the point or a category.
a : an outstanding or trait belonging and especially peculiar to a person or point b : an impact that an object check here has on A further item or around the senses c : advantage feeling 2 d : an attribute typical to all associates of a class
a : some thing owned or possessed exclusively : a piece of real estate b : the exceptional proper to have, enjoy, and dispose of a detail : possession c : a thing to which somebody or small business incorporates a authorized title d : a single (such as a performer) who is underneath contract and whose operate is especially worthwhile e : a book or script obtained for publication or output
property implies a attribute that belongs into a thing's vital character and should be employed to describe a kind or species.
see also QTIP belief at have confidence in Take note: Beneath federal tax regulation the property have to be included in the gross estate on the surviving spouse at their individual death, the place it is actually topic to taxation.