popular property Neighborhood property mental property personalized property property harm property harm insurance policies property proper property tax general public property
Examine tenancy in common at tenancy — Neighborhood property : property held jointly by husband and spouse particularly : property In particular from work acquired by possibly spouse just after relationship that's considered in states having a Local community property method to belong to the two spouses as undivided one-fifty percent interests
in the Company : property belonging to a particular human being — certified terminable fascination property : property passing to a surviving husband or wife that qualifies for that marital deduction If your executor so elects providing that the husband or wife is entitled to acquire revenue in payments designed not less than on a yearly basis for life and that no person has an influence to appoint any Portion of the property to anyone other than the surviving partner
see also antenuptial settlement Take note: In many states, on divorce marital property is split In line with what the courtroom establishes is equitable. — movable property : property (as individual property or crops) that could be moved — personal property : property (being a vehicle) which is movable although not such as crops or other methods still connected to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other resources nevertheless hooked up to or within the land or enhancements or fixtures forever attached on the land or simply a construction on Furthermore, it : an interest, advantage, suitable, or privilege in such property
named also immovable property — different property : property of a husband or wife that's not community property or marital property Specifically : property obtained by a spouse before marriage or separately during relationship (as by present or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price thanks to it the insurance coverage coverage limited property damage coverage to tangible property
These examples are programmatically compiled from several online sources As an example present-day usage in the phrase 'property.' Any viewpoints expressed in the illustrations usually do not symbolize All those of Merriam-Webster or its editors. Send us comments about these illustrations.
— marital property : property obtained by possibly spouse through the study course of the relationship that's matter to division on divorce
see also asset, estate, desire perception 1, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is abandoned, the owner provides up the realistic expectation of privateness about it. The finder of deserted property is entitled to keep it, as well as a law enforcement officer may possibly choose possession of deserted property as evidence with out violating the ensure towards unreasonable queries and seizures from the Fourth Modification into the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that's usually regarded as A part of the personal bankruptcy estate : property acquired following the perfection of the lien or protection desire Primarily : these types of property acquired after the creation of a lien or protection curiosity that is definitely issue to the lien or results in being collateral for the safety curiosity : property transferred towards the estate of the decedent immediately after execution of your 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 part areas — intangible property : property (being a inventory certification or Specialist license) that derives price not from its intrinsic Bodily character but from what it signifies — intellectual property
of not conducting heat character applies to a peculiar and unique quality of a thing or a class.
a : a quality or trait belonging and particularly peculiar to somebody or detail b : an outcome that an item has on A different item or to the senses c : advantage feeling 2 d : an attribute frequent to all associates of a class
a : some thing owned or possessed particularly : a piece of real estate b : the exclusive ideal to have, love, and eliminate website a issue : possession c : one thing to which an individual or enterprise features a legal title d : one (for instance a performer) that's underneath agreement and whose perform is particularly useful e : a e book or script ordered for publication or creation
property implies a characteristic that belongs to a thing's critical mother nature and should be employed to describe a type or species.
see also QTIP belief at rely on Observe: Beneath federal tax legislation the property should be included in the gross estate of your surviving husband or wife at her or his very own death, where by it is actually subject matter to taxation.