common property Local community property intellectual property own property property hurt property harm insurance coverage property ideal property tax community property
compare tenancy in widespread at tenancy — Neighborhood property : property held jointly by partner and wife precisely : property Specially from employment obtained by either husband or wife right after relationship that is certainly considered in states getting a community property technique to belong to both spouses as undivided one particular-half pursuits
from the Company : property belonging to a particular man or woman — certified terminable fascination property : property passing to some surviving husband or wife that qualifies for your marital deduction If your executor so elects offering which the partner is entitled to acquire earnings in payments designed a minimum of per year for life Which not a soul has a power to appoint any Component of the property to anyone apart from the surviving husband or wife
see also antenuptial settlement Be aware: In most states, upon divorce marital property is split Based on exactly what the court docket decides is equitable. — movable property : property (as particular property or crops) which might be moved — private property : property (for a auto) that is movable but not which include crops or other means continue to attached to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other methods however hooked up to or in the land or advancements or fixtures completely connected on the land or possibly a framework on In addition it : an interest, advantage, proper, or privilege in this kind of property
identified as also immovable property — different property : property of a partner that isn't Local community property or marital property In particular : property obtained by a wife or husband prior to marriage or independently through marriage (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit due to it the insurance policy coverage limited property problems protection to tangible property
These illustrations are programmatically compiled from various on-line sources As an example recent usage on the term 'property.' Any thoughts expressed while in the illustrations will not stand for those of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property obtained by possibly wife or husband in the course of a marriage that is topic to division upon divorce
see also asset, estate, curiosity feeling 1, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Take note: When property is deserted, the owner presents up the fair expectation of privateness about it. The finder of deserted property is entitled to maintain it, and also a law enforcement officer may possibly acquire possession of deserted property as proof without having violating the ensure in opposition to unreasonable queries and seizures from the Fourth Modification to your U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy circumstance and that's normally viewed as Element of the bankruptcy estate : property acquired after the perfection of a lien or safety desire Primarily : these property obtained after the creation of the lien or protection curiosity that's subject to the lien or results in being collateral for the safety interest : property transferred into the estate of the decedent soon after execution in the will — common property : property owned or employed by multiple occasion specially : property owned or leased by tenants in widespread
ownership in indivision at ownership Take note: The states obtaining Neighborhood property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry specifically, from the civil legislation of Louisiana : tracts of land with their component sections — intangible property : property (like a stock certification or Skilled license) that derives value not from its intrinsic Actual physical character but from what it signifies — mental property
of not conducting heat character relates to a peculiar and exclusive top quality of the point or a category.
a : a top quality or trait belonging and especially peculiar to someone or issue b : an effect that an item has on A further object or on the senses c : advantage sense 2 d : an attribute common to all customers of a class
a : a thing owned or possessed particularly : a bit of real estate b : the distinctive right to have, appreciate, and eliminate a issue : possession c : anything to which more info a person or organization features a lawful title d : 1 (for instance a performer) who is underneath contract and whose operate is especially worthwhile e : a book or script acquired for publication or output
property implies a attribute that belongs to a issue's critical nature and could be utilized to explain a type or species.
see also QTIP have faith in at trust Notice: Less than federal tax legislation the property needs to be included in the gross estate with the surviving wife or husband at their individual Loss of life, wherever it's subject matter to taxation.