property No Further a Mystery

property No Further a Mystery

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prevalent property Neighborhood property intellectual property personal property property destruction property problems insurance plan property appropriate property tax public property

compare tenancy in prevalent at tenancy — Neighborhood property : property held jointly by partner and wife specifically : property Primarily from employment obtained by either wife or husband immediately after marriage that is deemed in states using a Neighborhood property system to belong to equally spouses as undivided one-50 percent interests

in the Company : property belonging to a particular individual — experienced terminable desire property : property passing into a surviving wife or husband that qualifies for the marital deduction When the executor so elects delivering the wife or husband is entitled to receive cash flow in payments produced no less than yearly for all times and that not one person has a power to appoint any Section of the property to anyone apart from the surviving wife or husband

see also antenuptial agreement Notice: For most states, upon divorce marital property is split according to what the courtroom establishes is equitable. — movable property : property (as individual property or crops) that could be moved — individual property : property (being a vehicle) that is certainly movable although not such as crops or other assets still connected to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, properties, crops, or other methods still attached to or inside the land or enhancements or fixtures forever hooked up for the land or simply a structure on Furthermore, it : an desire, advantage, appropriate, or privilege in these types of property

known as also immovable property — individual property : property of the spouse that isn't Local community property or marital property Primarily : property acquired by a partner in advance of relationship or individually in the course of relationship (as by reward or normally by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic benefit due to it the insurance policies coverage limited property destruction protection to tangible property

These illustrations are programmatically compiled from numerous on the web resources For example current usage in the phrase 'property.' Any views expressed while in the illustrations tend not to depict All those of Merriam-Webster or its editors. Send out us responses about these illustrations.

— marital property : property obtained by possibly wife or husband during the course of a marriage that's topic to division upon divorce

see also asset, estate, curiosity feeling 1, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Be website aware: When property is abandoned, the owner gives up the affordable expectation of privacy regarding it. The finder of abandoned property is entitled to keep it, as well as a police officer could get possession of deserted property as proof with no violating the assurance from unreasonable queries and seizures in the Fourth Amendment to the U.S. Constitution. — just after-obtained property : property (as proceeds) that a debtor acquires once the commencement of a personal bankruptcy situation and that is usually thought of part of the individual bankruptcy estate : property obtained following the perfection of a lien or security desire Primarily : these types of property obtained following the development of a lien or stability 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 after execution of your will — popular property : property owned or utilized by more than one celebration specifically : property owned or leased by tenants in typical

ownership in indivision at possession Notice: The states possessing Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry especially, within the civil regulation of Louisiana : tracts of land with their ingredient areas — intangible property : property (like a inventory certificate or Expert license) that derives benefit not from its intrinsic Actual physical mother nature but from what it represents — intellectual property

of not conducting warmth character applies to a peculiar and distinctive high quality of the issue or a class.

a : an excellent or trait belonging and particularly peculiar to an individual or detail b : an influence that an object has on another item or over the senses c : advantage sense two d : an attribute typical to all users of a category

a : anything owned or possessed particularly : a bit of real estate b : the distinctive right to have, get pleasure from, and get rid of a factor : possession c : one thing to which anyone or small business includes a legal title d : just one (such as a performer) that is below deal and whose function is particularly beneficial e : a e book or script obtained for publication or output

property indicates a characteristic that belongs to the issue's essential character and could be applied to describe a sort or species.

see also QTIP have confidence in at belief Notice: Less than federal tax regulation the property must be A part of the gross estate on the surviving spouse at her or his own Demise, where by it really is issue to taxation.