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prevalent property Local community property intellectual property individual property property harm property damage insurance coverage property ideal property tax community property
Examine tenancy in typical at tenancy — Group property : property held jointly by spouse and wife particularly : property especially from work acquired by possibly partner after relationship that is certainly deemed in states using a Neighborhood property method to belong to both of those spouses as undivided one particular-half passions
in the Company : property belonging to a specific human being — skilled terminable curiosity property : property passing to some surviving wife or husband that qualifies to the marital deduction if the executor so elects providing the spouse is entitled to obtain income in payments designed at the very least annually for all times and that no person has a power to appoint any Component of the property to any person besides the surviving spouse
see also antenuptial settlement Note: In many states, on divorce marital property is split according to what the courtroom decides is equitable. — movable property : property (as particular property or crops) which might be moved — individual property : property (being a auto) that's movable although not including crops or other sources however attached to land : property apart from real property a tax on the private property
— real property : property consisting of land, properties, crops, or other sources however attached to or in the land or improvements or fixtures completely connected towards the land or maybe a composition on Additionally, it : an curiosity, gain, ideal, or privilege in this kind of property
identified as also immovable property — separate property : property of a wife or husband that is not Local community property or marital property especially : property acquired by a wife or husband just before relationship or separately during marriage (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 policy coverage limited property destruction coverage to tangible property
These examples are programmatically compiled from a variety of on the web resources As an instance present-day utilization with the term 'property.' Any views expressed in the examples usually do not symbolize All those of Merriam-Webster or its editors. Deliver us responses about these illustrations.
— marital property : property acquired by both spouse in the course of the program of the relationship that may be subject to division upon divorce
see also asset, estate, curiosity feeling one, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the owner provides up the sensible expectation of privacy relating to it. The finder of abandoned property is entitled to maintain it, and also a law enforcement officer may consider possession of abandoned property website as evidence with out violating the ensure in opposition to unreasonable queries and seizures from the Fourth Modification to your U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy scenario and that's normally deemed Section of the personal bankruptcy estate : property acquired following the perfection of a lien or safety curiosity Particularly : this kind of property acquired once the generation of the lien or safety curiosity that's topic for the lien or gets to be collateral for the security desire : property transferred to your estate of a decedent right after execution from the will — popular property : property owned or employed by more than one celebration particularly : property owned or leased by tenants in common
possession in indivision at ownership Note: The states owning Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry exclusively, in the civil legislation of Louisiana : tracts of land with their element pieces — intangible property : property (like a inventory certificate or Experienced license) that derives worth not from its intrinsic Actual physical character but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and exclusive high quality of the thing or a category.
a : a high quality or trait belonging and particularly peculiar to an individual or thing b : an outcome that an item has on An additional item or within the senses c : advantage feeling two d : an attribute frequent to all members of a category
a : one thing owned or possessed especially : a bit of real estate b : the distinctive correct to have, take pleasure in, and eliminate a matter : ownership c : a little something to which someone or company provides a legal title d : one particular (such as a performer) who's under deal and whose function is very useful e : a book or script ordered for publication or manufacturing
property indicates a characteristic that belongs to your detail's vital nature and should be applied to explain a sort or species.
see also QTIP belief at have confidence in Note: Underneath federal tax law the property need to be included in the gross estate with the surviving partner at his / her very own Dying, in which it is actually topic to taxation.