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compare tenancy in prevalent at tenancy — Neighborhood property : property held jointly by partner and wife especially : property Particularly from work acquired by possibly partner soon after marriage that may be deemed in states using a Neighborhood property procedure to belong to equally spouses as undivided one particular-half pursuits
on the corporation : property belonging to a certain person — skilled terminable desire property : property passing into a surviving spouse that qualifies with the marital deduction In the event the executor so elects supplying which the spouse is entitled to acquire income in payments designed at the very least on a yearly basis for life Which no-one has an influence to appoint any Portion of the property to anyone other than the surviving husband or wife
see also antenuptial settlement Be aware: For most states, upon divorce marital property is divided In keeping with what the court docket determines is equitable. — movable property : property (as personal property or crops) that could be moved — personal property : property (being a car or truck) which is movable although not together with crops or other sources continue to attached to land : property besides real property a tax on the personal property
— real property : property consisting of land, buildings, crops, or other assets continue to attached to or inside the land or enhancements or fixtures forever attached on the land or maybe a structure on Furthermore, it : an fascination, gain, suitable, 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 Primarily : property acquired by a spouse ahead of relationship or separately during marriage (as by present or often by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit because of it the insurance policy coverage restricted property destruction protection to tangible property
These illustrations are programmatically compiled from several online sources to illustrate existing utilization on the phrase 'property.' Any thoughts expressed from the illustrations don't represent These of Merriam-Webster or its editors. Deliver us comments about these examples.
— marital property : property obtained by both wife or husband in the class of a relationship that may be topic to division upon divorce
see also asset, estate, interest feeling one, possession feeling 1e — deserted property : property to which the proprietor has relinquished all legal rights Notice: When property is deserted, the owner provides up the acceptable expectation of privateness regarding it. The finder of abandoned property is entitled to keep it, along with a police officer might get possession of abandoned property as evidence without having violating the assure in opposition to unreasonable lookups and seizures during the Fourth Amendment towards the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires after the commencement of the bankruptcy case and that is normally regarded Element of the individual bankruptcy estate : property acquired once the perfection of a lien or safety interest especially : these types of property obtained following the generation of the lien or safety interest that is certainly subject matter into the lien or results in being collateral for the safety interest : property transferred to the estate of a decedent following execution from the will — widespread property : property owned or used by multiple social gathering especially : property owned or leased by tenants in typical
possession in indivision at ownership Observe: The states owning Group property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry precisely, from the civil legislation of Louisiana : tracts of land with their component components — intangible property : property (as being a stock certificate or professional license) that derives benefit not from its intrinsic Bodily character but from what it represents — intellectual property
of not conducting warmth character applies to a peculiar and distinctive excellent of a thing or a category.
a : a quality or trait belonging and particularly peculiar to a person or thing b : an influence that an object has on A different object or to the senses c : virtue feeling 2 d : an attribute prevalent to all associates of a category
a : some thing owned or possessed precisely : a piece of real estate b : the special appropriate to have, take pleasure in, and eliminate a issue : ownership c : a thing to which an individual or business enterprise includes a lawful title d : one particular (for instance a performer) who's under agreement and whose work is particularly valuable e : a e-book or script purchased for publication or creation
property indicates a characteristic that belongs to your factor's necessary nature here and will be applied to describe a kind or species.
see also QTIP believe in at have faith in Note: Beneath federal tax regulation the property has to be A part of the gross estate from the surviving husband or wife at his / her very own Dying, where it truly is issue to taxation.