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frequent property Group property intellectual property individual property property problems property injury insurance coverage property ideal property tax public property

Review tenancy in frequent at tenancy — community property : property held jointly by spouse and wife specially : property Particularly from work acquired by possibly partner just after marriage that is considered in states having a Local community property system to belong to equally spouses as undivided 1-50 % interests

of your corporation : property belonging to a selected particular person — capable terminable curiosity property : property passing to the surviving partner that qualifies with the marital deduction In the event the executor so elects furnishing that the husband or wife is entitled to acquire income in payments designed a minimum of per year for all times Which nobody has an influence to appoint any Element of the property to anyone aside from the surviving husband or wife

see also antenuptial agreement Notice: For most states, upon divorce marital property is split Based on exactly what the court decides is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (as being a car or truck) that is movable but not together with crops or other sources however attached to land : property aside from real property a tax on the non-public property

— real property : property consisting of land, structures, crops, or other methods still connected to or throughout the land or improvements or fixtures completely hooked up to the land or possibly a composition on Additionally, it : an fascination, profit, correct, or privilege in these property

called also immovable property — independent property : property of the spouse that is not Local community property or marital property Primarily : property acquired by a partner in advance of marriage or individually for the duration of relationship (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value thanks to it the insurance coverage coverage limited property destruction coverage to tangible property

These examples are programmatically compiled from several online sources As an example present-day usage from the phrase 'property.' Any views expressed in the examples tend not to characterize those of Merriam-Webster or its editors. Deliver us opinions about these illustrations.

— marital property : property obtained by either partner in the course of the study course of a marriage which is subject 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 presents up the fair expectation of privacy concerning it. The finder of abandoned property is entitled to help keep it, plus a law enforcement officer may perhaps acquire possession of abandoned property as evidence devoid of violating the warranty against unreasonable searches and seizures within the Fourth Amendment on the U.S. Structure. — just 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 after the perfection of a lien or security interest Specifically : this sort of property acquired following the development of the lien or protection desire that may be issue to the lien or gets to be collateral for the security fascination : property transferred to your estate of the decedent just after execution of the will — common property : property owned or used by more than one party particularly : property owned or leased by tenants in typical

ownership in indivision at ownership Be aware: The states possessing Neighborhood property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry exclusively, while in the civil legislation of Louisiana : tracts of land with their element elements — intangible property : property (being a stock certificate or Skilled license) that derives worth not from its intrinsic physical nature but from what it represents — intellectual property

of not conducting heat character applies to a peculiar and distinct high-quality of the detail or a category.

a : a quality or trait belonging and particularly peculiar to someone or matter b : an influence that an item has on One more object or on the senses c : advantage perception two d : an attribute prevalent to all customers of a class

a : one thing owned or possessed especially : a piece of real estate b click here : the exclusive right to have, love, and eliminate a matter : possession c : anything to which someone or enterprise features a legal title d : one (for instance a performer) that's underneath agreement and whose operate is particularly worthwhile e : a book or script procured for publication or output

property indicates a attribute that belongs into a factor's important nature and could be applied to describe a kind or species.

see also QTIP rely on at trust Take note: Underneath federal tax legislation the property has to be included in the gross estate of the surviving partner at their personal death, where it is actually subject matter to taxation.