typical property Local community property intellectual property particular property property injury property damage coverage property appropriate property tax community property
Look at tenancy in prevalent at tenancy — Local community property : property held jointly by husband and spouse especially : property especially from work acquired by both wife or husband soon after relationship that is certainly deemed in states aquiring a Neighborhood property system to belong to both equally spouses as undivided one-50 % pursuits
from the Company : property belonging to a certain individual — skilled terminable curiosity property : property passing to the surviving husband or wife that qualifies for your marital deduction If your executor so elects supplying which the partner is entitled to get earnings in payments built at the least on a yearly basis for life and that not one person has an influence to appoint any Portion of the property to anyone aside from the surviving wife or husband
see also antenuptial agreement Take note: In the majority of states, on divorce marital property is divided As outlined by what the courtroom determines is equitable. — movable property : property (as personalized property or crops) which might be moved — own property : property (as a motor vehicle) that is movable although not together with crops or other assets however hooked up to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other means still connected to or in the land or enhancements or fixtures forever attached on the land or maybe a composition on Additionally, it : an interest, advantage, suitable, or privilege in such property
identified as also immovable property — separate property : property of a husband or wife that is not Neighborhood property or marital property In particular : property obtained by a partner just before marriage or independently throughout relationship (as by reward or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value due to it the insurance policies coverage restricted property injury protection to tangible property
These examples are programmatically compiled from a variety of on the net resources to illustrate latest use of the term 'property.' Any opinions expressed within the examples usually do not represent People of Merriam-Webster or its editors. Mail us suggestions about these illustrations.
— marital property : property obtained by possibly husband or wife in the course of the system of a marriage that is definitely subject to division upon divorce
see also asset, estate, fascination feeling 1, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Note: When property is abandoned, the proprietor gives up the affordable expectation of privacy about it. The finder of abandoned property is entitled to maintain it, and a police officer could just take possession of deserted property as proof without violating the assure in opposition to unreasonable queries and seizures from the Fourth Modification towards the U.S. Constitution. — after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy circumstance and that is typically viewed as Element of the individual bankruptcy estate : property obtained once the perfection of the lien or protection curiosity Particularly : such property obtained after the generation of a lien or security desire that is definitely matter towards the lien or becomes collateral for the safety fascination : property transferred on the estate of a decedent immediately after execution on the will — frequent property : property owned or used by multiple social gathering specifically : property owned or leased by tenants in prevalent
ownership in indivision at ownership click here Take note: The states obtaining community 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 areas — intangible property : property (like a inventory certification or Skilled license) that derives benefit not from its intrinsic Bodily mother nature but from what it represents — mental property
of not conducting heat character relates to a peculiar and distinctive excellent of a detail or a class.
a : a quality or trait belonging and particularly peculiar to a person or thing b : an influence that an object has on A further object or on the senses c : advantage sense two d : an attribute widespread to all members of a category
a : one thing owned or possessed specifically : a bit of real estate b : the unique ideal to possess, enjoy, and eliminate a factor : possession c : one thing to which a person or small business includes a lawful title d : one particular (such as a performer) that is under deal and whose function is very valuable e : a ebook or script purchased for publication or creation
property indicates a characteristic that belongs to your thing's vital mother nature and may be applied to describe a kind or species.
see also QTIP believe in at belief Notice: Under federal tax law the property need to be A part of the gross estate in the surviving wife or husband at their possess Dying, in which it can be topic to taxation.