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common property Local community property intellectual property own property property hurt property harm insurance coverage property suitable property tax public property
Review tenancy in frequent at tenancy — Group property : property held jointly by spouse and spouse exclusively : property Specifically from employment obtained by either wife or husband immediately after marriage that's considered in states using a Neighborhood property system to belong to equally spouses as undivided 1-50 % passions
of your corporation : property belonging to a certain human being — competent terminable desire property : property passing into a surviving partner that qualifies for that marital deduction When the executor so elects giving that the husband or wife is entitled to receive money in payments produced not less than each year for all times Which nobody has a power to appoint any Section of the property to anyone besides the surviving spouse
see also antenuptial arrangement Observe: For most states, upon divorce marital property is split Based on exactly what the court docket decides is equitable. — movable property : property (as own property or crops) which can be moved — own property : property (like a auto) which is movable although not such as crops or other assets continue to connected to land : property besides 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 within the land or enhancements or fixtures forever hooked up towards the land or possibly a framework on In addition it : an interest, benefit, appropriate, or privilege in these types of property
called also immovable property — independent property : property of a partner that isn't community property or marital property Specifically : property obtained by a wife or husband just before relationship or separately during marriage (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth on account of it the coverage plan limited property damage coverage to tangible property
These illustrations are programmatically compiled from many on-line resources For example present-day use on the term 'property.' Any viewpoints expressed in the examples don't depict People of Merriam-Webster or its editors. Send out us feed-back about these illustrations.
— marital property : property obtained by possibly husband or wife during the system of the relationship that is subject to division upon divorce
see also asset, estate, curiosity sense 1, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Be aware: When property is abandoned, the operator presents up the fair expectation of privacy concerning it. The finder of abandoned property is entitled to help keep it, plus a police officer could just take possession of abandoned property as evidence without having violating the assure towards unreasonable searches and seizures in the Fourth Amendment to the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a individual bankruptcy situation and that is typically regarded Section of the personal bankruptcy estate : property obtained following the perfection of a lien or safety interest especially : such property obtained once the development of a lien or security desire that is definitely matter for the lien or gets to be collateral for the safety fascination : property transferred on the estate of a decedent right after execution in the will — frequent property : property owned or used by multiple occasion exclusively : property owned or leased by tenants in frequent
ownership in indivision at possession Notice: The states possessing community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, inside the civil regulation of Louisiana : tracts of land with their part components — intangible property : property (as being a inventory certification or Skilled license) that derives value not from its intrinsic physical mother nature constructing excellence but from what it represents — mental property
of not conducting warmth character applies to a peculiar and distinct top quality of a matter or a class.
a : a quality or trait belonging and particularly peculiar to a person or detail b : an impact that an item has on An additional object or on the senses c : advantage feeling 2 d : an attribute prevalent to all members of a category
a : some thing owned or possessed precisely : a piece of real estate b : the special appropriate to possess, get pleasure from, and dispose of a matter : ownership c : a little something to which an individual or business enterprise includes a lawful title d : a single (for instance a performer) who is beneath deal and whose perform is very beneficial e : a e book or script bought for publication or creation
property implies a characteristic that belongs to your thing's vital mother nature and may be utilised to explain a type or species.
see also QTIP have faith in at belief Be aware: Less than federal tax law the property need to be included in the gross estate in the surviving husband or wife at his / her very own Demise, where it really is subject matter to taxation.