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widespread property Local community property intellectual property private property property harm property damage insurance plan property correct property tax public property

Examine tenancy in typical at tenancy — Group property : property held jointly by spouse and wife particularly : property especially from work acquired by both wife or husband following marriage that is considered in states possessing a community property process to belong to the two spouses as undivided 1-50 percent pursuits

from the corporation : property belonging to a particular human being — experienced terminable interest property : property passing to your surviving spouse that qualifies with the marital deduction In case the executor so elects furnishing that the wife or husband is entitled to get income in payments built no less than yearly for life Which not one person has an influence to appoint any Section of the property to anyone aside from the surviving wife or husband

see also antenuptial agreement Take note: In most states, on divorce marital property is split Based on exactly what the courtroom decides is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (as being a car or truck) that's movable although not together with crops or other assets continue to attached to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, structures, crops, or other resources nevertheless connected to or throughout the land or improvements or fixtures permanently connected into the land or simply a structure on Furthermore, it : an desire, benefit, proper, or privilege in these property

called also immovable property — independent property : property of the partner that isn't Local community property or marital property Primarily : property acquired by a spouse just before relationship or independently through relationship (as by gift or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth as a consequence of it the insurance coverage coverage limited property damage coverage to tangible property

These examples are programmatically compiled from a variety of on the net resources For example current use of the word 'property.' Any thoughts expressed while in the illustrations tend not to stand for those of Merriam-Webster or its editors. Deliver us opinions about these examples.

— marital property : property obtained by both husband or wife over the class of a marriage that is topic to division upon divorce

see also asset, estate, interest sense one, possession perception 1e — deserted property : property to which the owner has relinquished all rights Be aware: When property is deserted, the operator presents up the reasonable expectation of privacy regarding it. The finder of deserted property is entitled to maintain it, plus a law click here enforcement officer may perhaps take possession of abandoned property as evidence with no violating the assurance versus unreasonable searches and seizures within the Fourth Amendment for the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the bankruptcy case and that is typically regarded Component of the individual bankruptcy estate : property obtained after the perfection of a lien or safety curiosity Specially : these kinds of property obtained once the generation of the lien or security interest that's topic for the lien or gets collateral for the safety fascination : property transferred on the estate of the decedent immediately after execution of your will — popular property : property owned or employed by multiple party particularly : property owned or leased by tenants in typical

ownership in indivision at ownership Be aware: The states possessing Neighborhood property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry exclusively, while in the civil legislation of Louisiana : tracts of land with their part sections — intangible property : property (for a inventory certification or Qualified license) that derives price not from its intrinsic Bodily character but from what it signifies — mental property

of not conducting warmth character relates to a peculiar and exclusive excellent of the issue or a category.

a : an outstanding or trait belonging and particularly peculiar to someone or issue b : an influence that an item has on One more object or within the senses c : virtue sense 2 d : an attribute typical to all members of a class

a : something owned or possessed especially : a piece of real estate b : the exceptional correct to have, take pleasure in, and dispose of a issue : ownership c : anything to which a person or small business includes a lawful title d : one (for instance a performer) who is beneath agreement and whose function is very valuable e : a book or script purchased for publication or production

property implies a attribute that belongs to some detail's crucial mother nature and will be made use of to describe a sort or species.

see also QTIP have confidence in at trust Be aware: Less than federal tax law the property need to be included in the gross estate on the surviving spouse at her or his individual Demise, the place it really is topic to taxation.

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