Not known Details About realtor
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common property Local community property mental property private property property problems property destruction insurance policies property suitable property tax public property
Examine tenancy in prevalent at tenancy — Group property : property held jointly by husband and wife precisely : property especially from employment acquired by possibly wife or husband soon after relationship which is considered in states having a Neighborhood property procedure to belong to each spouses as undivided just one-half interests
with the corporation : property belonging to a particular particular person — certified terminable curiosity property : property passing to your surviving wife or husband that qualifies to the marital deduction Should the executor so elects supplying the wife or husband is entitled to acquire earnings in payments created at least every year for all times and that no-one has an influence to appoint any A part of the property to any person besides the surviving spouse
see also antenuptial arrangement Observe: For most states, on divorce marital property is divided In keeping with exactly what the court docket determines is equitable. — movable property : property (as particular property or crops) that can be moved — personalized property : property (to be a automobile) that may be movable but not which include crops or other resources even now hooked up to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other assets continue to attached to or in the land or advancements or fixtures permanently connected towards the land or possibly a structure on Furthermore, it : an desire, advantage, appropriate, or privilege in these types of property
referred to as also immovable property — individual property : property of the partner that isn't Group property or marital property Particularly : property obtained by a wife or husband prior to marriage 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 coverage coverage limited property destruction coverage to tangible property
These examples are programmatically compiled from various on the internet resources to illustrate latest use of your term 'property.' Any viewpoints expressed during the illustrations don't stand for All those of Merriam-Webster or its editors. Deliver us feedback about these illustrations.
— marital property : property acquired by both spouse in the study course of a relationship that may be issue to division upon divorce
see also asset, estate, curiosity 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 abandoned property is entitled to keep it, as well as a law enforcement officer may well choose possession of abandoned property as evidence without having violating the promise from unreasonable lookups and seizures during the Fourth Amendment towards the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires following the commencement of the bankruptcy situation and that is normally thought of 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 a lien or safety curiosity that is certainly subject matter to your lien or will become collateral for the safety desire : property transferred into the estate of the decedent after execution of the will — typical property : property owned or used by more than one celebration particularly : property owned or leased by tenants in frequent
ownership in indivision at ownership Notice: The states obtaining Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry specially, during the civil regulation of Louisiana : tracts of land with their ingredient sections — intangible property : property (for a inventory certification or Qualified license) that derives price not from its intrinsic Actual physical character but from what it signifies — intellectual property
of not conducting heat character applies to a peculiar and unique high quality of a factor or a class.
a : a quality or trait belonging and especially 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 : something owned or possessed specifically : a piece of real estate b : the special ideal to have, delight in, and get rid of a issue : ownership c : some here thing to which an individual or business has a lawful title d : a person (for instance a performer) that is beneath deal and whose do the job is very precious e : a ebook or script obtained for publication or generation
property indicates a characteristic that belongs to some thing's essential mother nature and should be utilised to describe a type or species.
see also QTIP trust at trust Take note: Underneath federal tax legislation the property has to be included in the gross estate of the surviving wife or husband at her or his possess Loss of life, where it is issue to taxation.