common property Local community property mental property personalized property property harm property destruction insurance property suitable property tax community property
compare tenancy in frequent at tenancy — Group property : property held jointly by spouse and spouse particularly : property Primarily from employment obtained by either husband or wife following marriage that may be deemed in states possessing a Local community property system to belong to equally spouses as undivided one-50 percent interests
of the corporation : property belonging to a selected man or woman — qualified terminable curiosity property : property passing to your surviving wife or husband that qualifies for your marital deduction If your executor so elects providing which the partner is entitled to obtain profits in payments produced no less than yearly for all times and that not one person has an influence to appoint any part of the property to anyone other than the surviving wife or husband
see also antenuptial arrangement Take note: In many states, upon divorce marital property is split As outlined by just what the courtroom establishes is equitable. — movable property : property (as private property or crops) that could be moved — own property : property (as being a motor vehicle) that's movable although not including crops or other assets however hooked up to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other methods nonetheless connected to or throughout the land or improvements or fixtures forever connected towards the land or even a construction on Furthermore, it : an interest, reward, ideal, or privilege in this sort of property
identified as also immovable property — separate property : property of the wife or husband that is not Local community property or marital property especially : property acquired by a spouse just before relationship or independently for the duration of relationship (as by reward or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value on account of it the insurance policy limited property harm coverage to tangible property
These illustrations are programmatically compiled from various on-line sources For instance existing use of your word 'property.' Any viewpoints expressed within the examples do not represent Individuals of Merriam-Webster or its editors. Deliver us suggestions about these examples.
— marital property : property acquired by either spouse during the class of the relationship that is certainly subject to division upon divorce
see also asset, estate, curiosity sense one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all rights Notice: When property is deserted, the owner presents up the affordable expectation of privacy relating to it. The finder of deserted property is entitled to maintain it, in addition to a police officer may possibly just take possession of deserted property as proof without having violating the assure against unreasonable lookups and seizures from the Fourth Amendment towards the U.S. Structure. — soon after-acquired property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy scenario and that is commonly regarded as Component of the bankruptcy estate : property obtained after the perfection of the lien or security fascination Particularly : this kind of property obtained following the development of the lien or protection interest that is issue towards the lien or becomes collateral for the safety fascination : property transferred towards the estate of the decedent soon after execution of the will — common property : property owned or employed by more than one party specially : property owned or leased by tenants in widespread
ownership in indivision at possession Be aware: The states owning Local community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, while in the civil law of Louisiana : tracts of land with their read more part elements — intangible property : property (as a inventory certificate or Experienced license) that derives worth not from its intrinsic Actual physical character but from what it represents — mental property
of not conducting heat character relates to a peculiar and distinctive high-quality of a detail or a category.
a : a high quality or trait belonging and particularly peculiar to a person or detail b : an result that an object has on One more item or to the senses c : advantage sense two d : an attribute common to all customers of a class
a : a thing owned or possessed especially : a bit of real estate b : the unique suitable to possess, delight in, and eliminate a point : possession c : a little something to which an individual or business contains a lawful title d : a single (for instance a performer) who's less than agreement and whose work is particularly valuable e : a ebook or script purchased for publication or creation
property indicates a characteristic that belongs to your thing's crucial nature and could be utilized to explain a sort or species.
see also QTIP have confidence in at belief Notice: Less than federal tax law the property need to be included in the gross estate on the surviving wife or husband at their have death, in which it is matter to taxation.