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Examine tenancy in prevalent at tenancy — Local community property : property held jointly by husband and spouse specifically : property Primarily from work acquired by possibly partner after relationship that is certainly deemed in states using a Neighborhood property system to belong to both equally spouses as undivided a single-half pursuits
in the corporation : property belonging to a certain individual — qualified terminable fascination property : property passing to some surviving wife or husband that qualifies for that marital deduction When the executor so elects providing which the partner is entitled to get income in payments designed at the very least annually for all times and that not one person has an influence to appoint any part of the property to any person in addition to the surviving partner
see also antenuptial settlement Be aware: For most states, upon divorce marital property is divided In accordance with just what the court decides is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (like a car or truck) that may be movable but not which include crops or other resources however attached to land : property other than real property a tax on the private property
— real property : property consisting of land, properties, crops, or other sources however hooked up to or inside the land or enhancements or fixtures forever attached for the land or simply a structure on Furthermore, it : an desire, advantage, appropriate, or privilege in these types of property
known as also immovable property — independent property : property of the wife or husband that's not Neighborhood property or marital property especially : property obtained by a spouse just before relationship or separately during marriage (as by gift or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit because of it the insurance policy coverage limited property destruction coverage to tangible property
These examples are programmatically compiled from numerous on the internet sources As an instance present-day use of the word 'property.' Any thoughts expressed while in the illustrations will not stand for These of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property obtained by both husband or wife in the course of a marriage that's topic to division upon divorce
see also asset, estate, curiosity sense 1, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the operator presents up the reasonable expectation of privateness about it. The finder of deserted property is entitled to maintain it, and a law enforcement officer may perhaps choose possession of deserted property as proof without the need of violating the warranty versus unreasonable lookups and seizures from the Fourth Modification on the U.S. Constitution. — soon after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy circumstance and that's normally considered A part of the bankruptcy estate : property obtained once the perfection of the lien or safety curiosity Particularly : such property obtained once the development of a lien or security interest that may be get more info issue to your lien or will become collateral for the safety curiosity : property transferred towards the estate of a decedent after execution of your will — prevalent property : property owned or utilized by more than one party precisely : property owned or leased by tenants in prevalent
possession in indivision at ownership Take note: The states owning Local community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry precisely, within the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (for a stock certificate or Qualified license) that derives worth not from its intrinsic physical mother nature but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and distinctive high-quality of the factor or a category.
a : an outstanding or trait belonging and particularly peculiar to a person or thing b : an effect that an item has on Yet another item or to the senses c : virtue perception 2 d : an attribute typical to all users of a category
a : one thing owned or possessed specifically : a bit of real estate b : the exclusive appropriate to possess, delight in, and eliminate a factor : possession c : some thing to which somebody or enterprise contains a authorized title d : one (such as a performer) that is below deal and whose function is very useful e : a reserve or script bought for publication or generation
property implies a characteristic that belongs to the point's critical nature and should be used to describe a sort or species.
see also QTIP have confidence in at belief Be aware: Underneath federal tax law the property have to be A part of the gross estate on the surviving wife or husband at their individual death, the place it is matter to taxation.