NOT KNOWN DETAILS ABOUT PROPERTY

Not known Details About property

Not known Details About property

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Look at tenancy in typical at tenancy — Neighborhood property : property held jointly by spouse and spouse specifically : property Specifically from work obtained by possibly spouse right after relationship that's deemed in states using a Group property system to belong to the two spouses as undivided one particular-50 % pursuits

of the corporation : property belonging to a specific man or woman — skilled terminable interest property : property passing to some surviving partner that qualifies for that marital deduction When the executor so elects delivering which the wife or husband is entitled to receive earnings in payments created no less than on a yearly basis for all times Which not a soul has an influence to appoint any part of the property to any person aside from the surviving husband or wife

see also antenuptial settlement Note: In most states, upon divorce marital property is divided In accordance with exactly what the courtroom decides is equitable. — movable property : property (as particular property or crops) which might be moved — own property : property (to be a vehicle) that is movable but not which include crops or other means however hooked up to land : property in addition to real property a tax on the private property

— real property : property consisting of land, properties, crops, or other resources nevertheless connected to or throughout the land or improvements or fixtures permanently attached towards the land or perhaps a construction on Furthermore, it : an fascination, gain, right, or privilege in this kind of property

named also immovable property — different property : property of the spouse that is not Neighborhood property or marital property Specially : property acquired by a wife or husband right before relationship or individually during marriage (as by reward or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial value due to it the insurance policies coverage limited property problems protection to tangible property

These examples are programmatically compiled from various on the net resources For example present-day usage from the word 'property.' Any opinions expressed in the examples never characterize Individuals of Merriam-Webster or its editors. Deliver us suggestions about these examples.

— marital property : property acquired by either wife or husband in the course of the relationship which is topic to division on divorce

see also asset, estate, desire perception one, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Notice: When property is abandoned, the owner presents up the fair expectation of privateness relating to it. The finder of deserted property is entitled to help keep it, plus a police officer could get possession of abandoned property as evidence without the need of violating the promise in opposition to unreasonable lookups and seizures while in the Fourth Amendment for the U.S. Constitution. — following-obtained property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that is usually considered Element of the individual bankruptcy estate : property obtained following the perfection of a lien or security interest Primarily : these types of property obtained following the generation of the lien or safety curiosity that is subject into the lien or gets collateral for the security interest : property transferred to the estate of the decedent soon after execution in the will — typical property : property owned or used by multiple get together specifically : property owned or leased by tenants in common

possession in indivision at ownership Note: The states owning Local community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry particularly, from the civil legislation of Louisiana : tracts of land with their ingredient components — intangible property : property (to be a inventory certificate or Qualified license) that derives value not from its intrinsic Actual physical character but from what it represents — intellectual property

of not conducting heat character relates to a peculiar and distinctive high-quality of a thing or a category.

a : a quality or trait belonging and particularly peculiar to a person or detail b : an result that an item has on One more object or to the senses c : virtue perception 2 d : an attribute popular to all customers of a class

a : a little something owned or possessed exclusively : a bit of real estate b : the exceptional correct to have, appreciate, and eliminate a factor : possession c : something to which somebody or company contains a legal title d : a person (such as a performer) that's below deal and whose perform is very beneficial e : a e book or script website obtained for publication or generation

property implies a characteristic that belongs to the point's critical character and could be employed to explain a type or species.

see also QTIP have confidence in at rely on Be aware: Beneath federal tax regulation the property must be included in the gross estate on the surviving wife or husband at his or her very own Demise, where by it's matter to taxation.

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