prevalent property community property intellectual property own property property hurt property destruction insurance plan property correct property tax public property
Look at tenancy in widespread at tenancy — community property : property held jointly by partner and wife specifically : property Specially from employment obtained by either wife or husband right after relationship that is certainly deemed in states using a community property process to belong to both of those spouses as undivided one particular-50 % passions
of the corporation : property belonging to a selected particular person — qualified terminable fascination property : property passing to a surviving husband or wife that qualifies for the marital deduction In case the executor so elects providing the spouse is entitled to get money in payments created at least each year for all times and that not one person has a power to appoint any Component of the property to any person besides the surviving spouse
see also antenuptial arrangement Take note: In the majority of states, on divorce marital property is split Based on just what the court docket determines is equitable. — movable property : property (as personalized property or crops) which might be moved — individual property : property (being a auto) that is definitely movable but not like crops or other assets continue to attached to land : property besides real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other means nonetheless hooked up to or throughout the land or enhancements or fixtures completely hooked up for the land or maybe a structure on In addition, it : an desire, benefit, proper, 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 especially : property acquired by a husband or wife right before marriage or independently through marriage (as by present or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth as a consequence of it the insurance coverage limited property damage coverage to tangible property
These examples are programmatically compiled from many online sources As an instance present-day usage in the phrase 'property.' Any viewpoints expressed in the examples usually do not characterize those of Merriam-Webster or its editors. Send out us feedback about these examples.
— marital property : property acquired by both wife or husband throughout the training course of the relationship that is subject to division upon divorce
see also asset, estate, desire sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the proprietor offers up the acceptable expectation of privateness concerning it. The finder of abandoned property is entitled to help keep it, plus a law enforcement officer may perhaps take possession of abandoned property as evidence with no violating the assurance versus unreasonable searches and seizures within the Fourth Amendment for the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy situation and that is typically regarded Component of the individual bankruptcy estate : property obtained after the perfection of a lien or security curiosity Specifically : these kinds of property obtained following the generation of the lien or stability interest that is subject matter to your lien or results in being collateral for the security interest : property transferred to the estate of a decedent following execution from the will — typical property : property owned or utilized by more than one get together especially : property owned or leased by tenants in widespread
possession in indivision at possession Observe: The states acquiring Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry precisely, during the civil regulation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (to be a inventory certification or Experienced license) that derives benefit not from its intrinsic Actual physical mother nature but from what it signifies — mental property
of not conducting warmth character relates to a peculiar and exclusive good quality of the point or a class.
a : a top quality or trait belonging and especially peculiar to a person or factor b : an impact that an object has on An additional object or on the senses c : advantage perception two d : an attribute widespread to all users of a category
a : a little something owned or possessed precisely : a bit of real estate b : the exceptional suitable to have, get pleasure from, and get rid of a issue : ownership c : one thing to which an individual or company has a legal title d : a person (for instance a performer) that's underneath check here agreement and whose get the job done is very worthwhile e : a e-book or script obtained for publication or manufacturing
property implies a attribute that belongs to the matter's vital character and will be utilized to describe a sort or species.
see also QTIP belief at rely on Observe: Beneath federal tax law the property must be A part of the gross estate with the surviving husband or wife at their personal death, where it is actually subject matter to taxation.