widespread property Neighborhood property intellectual property private property property harm property harm insurance policy property proper property tax community property
Examine tenancy in typical at tenancy — Group property : property held jointly by partner and wife particularly : property especially from work obtained by both husband or wife soon after marriage that's considered in states using a Neighborhood property method to belong to both spouses as undivided just one-fifty percent passions
of the Company : property belonging to a specific person — skilled terminable curiosity property : property passing to the surviving husband or wife that qualifies for your marital deduction Should the executor so elects giving the wife or husband is entitled to get revenue in payments built a minimum of annually for life and that no person has a power to appoint any Component of the property to any person besides the surviving wife or husband
see also antenuptial agreement Notice: In most states, on divorce marital property is divided In line with just what the court decides is equitable. — movable property : property (as particular property or crops) that can be moved — private property : property (being a car) that is definitely movable but not which include crops or other resources even now hooked up to land : property aside from real property a tax on the private property
— real property : property consisting of land, properties, crops, or other sources even now hooked up to or within the land or enhancements or fixtures completely hooked up to the land or possibly a composition on Additionally, it : an curiosity, reward, suitable, or privilege in this kind of property
referred to as also immovable property — individual property : property of the spouse that's not Group property or marital property especially : property acquired by a partner ahead of relationship or independently all through marriage (as by gift or often by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic benefit because of it the insurance policies coverage restricted property problems protection to tangible property
These illustrations are programmatically compiled from a variety of on-line resources As an instance existing usage of the term 'property.' Any views expressed inside the examples do not represent those of Merriam-Webster or its editors. Mail us responses about these illustrations.
— marital property : property acquired by both husband or wife in the course of the study course of the relationship that is subject to division on divorce
see also asset, estate, interest feeling one, possession feeling 1e — deserted property : property to which the operator has relinquished all rights Be aware: When property is deserted, the proprietor gives up the reasonable expectation of privacy concerning it. The finder of abandoned property is entitled to keep it, and a police officer might consider possession of abandoned property as evidence with out violating the assure towards unreasonable searches and seizures from the Fourth Amendment to the U.S. Structure. — immediately after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy case and that is generally deemed Component of the individual bankruptcy estate : property obtained once the perfection of the lien or security interest Particularly : this sort of property acquired following the development of the lien or protection fascination that is definitely issue to the lien or becomes collateral for the security interest : property transferred towards the estate of a decedent right after execution in the will — typical property website : property owned or used by more than one get together especially : property owned or leased by tenants in widespread
possession 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 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 a matter or a class.
a : a high quality or trait belonging and particularly peculiar to a person or thing b : an influence that an object has on A different object or within the senses c : advantage sense two d : an attribute frequent to all members of a category
a : some thing owned or possessed specifically : a bit of real estate b : the distinctive proper to possess, delight in, and dispose of a detail : ownership c : one thing to which somebody or organization includes a legal title d : a person (like a performer) who is less than agreement and whose work is very useful e : a reserve or script bought for publication or generation
property indicates a characteristic that belongs to your factor's necessary nature and will be used to explain a kind or species.
see also QTIP belief at believe in Observe: Under federal tax legislation the property needs to be included in the gross estate on the surviving wife or husband at their individual Loss of life, where by it really is issue to taxation.