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widespread property community property mental property private property property damage property problems insurance policies property correct property tax general public property

Evaluate tenancy in prevalent at tenancy — Neighborhood property : property held jointly by partner and wife particularly : property especially from employment acquired by both wife or husband immediately after marriage that is considered in states possessing a Group property technique to belong to each spouses as undivided a person-50 percent pursuits

with the corporation : property belonging to a certain particular person — qualified terminable fascination property : property passing to a surviving wife or husband that qualifies to the marital deduction if the executor so elects delivering that the partner is entitled to acquire revenue in payments made at the least annually for life Which no-one has an influence to appoint any Portion of the property to anyone apart from the surviving wife or husband

see also antenuptial arrangement Take note: In most states, on divorce marital property is split In line with just what the courtroom decides is equitable. — movable property : property (as individual property or crops) that could be moved — individual property : property (to be a motor vehicle) that's movable although not together with crops or other assets continue to attached to land : property besides real property a tax on the personal property

— real property : property consisting of land, structures, crops, or other resources nevertheless hooked up to or within the land or enhancements or fixtures completely hooked up for the land or maybe a composition on Additionally, it : an curiosity, profit, proper, or privilege in these types of property

known as also immovable property — individual property : property of the partner that's not community property or marital property Specifically : property obtained by a spouse ahead of relationship or individually for the duration of relationship (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit because of it the insurance policies plan limited property damage coverage to tangible property

These examples are programmatically compiled from a variety of on the net resources For example current usage from the phrase 'property.' Any views expressed from the illustrations do not represent These of Merriam-Webster or its editors. Ship us responses about these illustrations.

— marital property : property obtained by possibly wife or husband in the program of a marriage which is matter to division on divorce

see also asset, estate, desire perception one, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is deserted, the operator presents up the fair expectation of privateness concerning it. The finder of abandoned property is entitled to keep it, as well as a law enforcement officer could get possession of deserted property as evidence with no violating the assure in opposition to unreasonable queries and seizures while in the Fourth Modification to your U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy circumstance and that's commonly regarded Section of the personal bankruptcy estate : property acquired once the perfection of the lien or safety curiosity especially : such property obtained following the development of a lien or security desire that is certainly matter towards the lien or gets to be collateral for the safety fascination : property transferred for the estate of a decedent soon after execution in the will — frequent property : property owned or used by multiple occasion exclusively : property owned or leased by tenants in widespread

ownership in indivision at ownership Note: The states owning Local community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry exclusively, inside the civil law of Louisiana : tracts of land with their ingredient areas — intangible property : property (like a inventory certification or Expert license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property

of not conducting heat character relates to a peculiar and exclusive high quality of the detail or a category.

a : a top quality or trait belonging and especially peculiar to somebody or matter b : an result that an object has on A further item or on the senses c : advantage feeling two d : an attribute widespread to all members website of a category

a : some thing owned or possessed specifically : a piece of real estate b : the exclusive suitable to possess, delight in, and dispose of a detail : ownership c : some thing to which somebody or enterprise has a authorized title d : one (for instance a performer) who is underneath contract and whose do the job is particularly important e : a e-book or script ordered for publication or creation

property indicates a characteristic that belongs to the issue's important mother nature and will be made use of 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 in the surviving husband or wife at his or her possess death, the place it is actually topic to taxation.

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