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widespread property community property mental property personalized property property damage property problems coverage property appropriate property tax community property

Look at tenancy in widespread at tenancy — community property : property held jointly by spouse and wife particularly : property Primarily from work acquired by both spouse after relationship that is considered in states having a Local community property system to belong to both equally spouses as undivided 1-50 percent pursuits

from the Company : property belonging to a particular man or woman — certified terminable desire property : property passing to some surviving husband or wife that qualifies for the marital deduction In case the executor so elects supplying the spouse is entitled to obtain money in payments created not less than on a yearly basis for life Which nobody has an influence to appoint any part of the property to any person in addition to the surviving partner

see also antenuptial arrangement Note: In the majority of states, on divorce marital property is split according to exactly what the court docket determines is equitable. — movable property : property (as individual property or crops) that could be moved — particular property : property (to be a auto) that is movable although not together with crops or other means however connected to land : property aside from real property a tax on the non-public property

— real property : property consisting of land, properties, crops, or other sources however hooked up to or within the land or improvements or fixtures permanently connected on the land or simply a composition on Additionally, it : an curiosity, reward, ideal, or privilege in such property

termed also immovable property — separate property : property of a partner that isn't Local community property or marital property especially : property acquired by a partner ahead of relationship or individually throughout marriage (as by reward or often by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic worth as a consequence of it the insurance policy restricted property hurt protection to tangible property

These illustrations are programmatically compiled from many online sources For instance existing utilization with the term 'property.' Any viewpoints expressed within the examples tend not to characterize All those of Merriam-Webster or its editors. Mail us feedback about these examples.

— marital property : property acquired by either partner through the system of the marriage which is matter to division upon divorce

see also asset, estate, curiosity sense one, possession feeling 1e — abandoned property : property to which the operator has relinquished all legal rights Be aware: When property is deserted, the proprietor gives up the realistic expectation of privacy concerning it. The finder of deserted property is entitled to maintain it, plus a police officer may choose possession of deserted property as proof devoid of violating the ensure towards unreasonable searches and seizures from the Fourth Amendment to the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a individual bankruptcy scenario and that is usually considered Component of the personal bankruptcy estate : property acquired once the perfection of a lien or security interest Primarily : these types of property obtained following the development of a lien or security desire that is definitely subject for the lien or gets to be collateral for the safety fascination : property transferred on the estate of a decedent following execution of your will — popular property : property owned or utilized by more than one bash precisely : property owned or leased by tenants in widespread

ownership in indivision at possession Take note: The states acquiring Local community property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry specifically, from the civil law of Louisiana : tracts of land with their ingredient sections — intangible property : property (being a stock certification or Qualified license) that derives price not from its intrinsic physical mother nature but from what it represents — check here intellectual property

of not conducting warmth character applies to a peculiar and distinctive excellent of a detail or a category.

a : a high quality or trait belonging and particularly peculiar to someone or factor b : an outcome that an object has on An additional item or around the senses c : advantage perception 2 d : an attribute prevalent to all associates of a category

a : a thing owned or possessed especially : a piece of real estate b : the exclusive suitable to possess, take pleasure in, and eliminate a factor : possession c : anything to which a person or business enterprise includes a lawful title d : one (such as a performer) that is less than contract and whose operate is especially useful e : a reserve or script bought for publication or manufacturing

property indicates a attribute that belongs to the factor's crucial character and should be made use of to describe a type or species.

see also QTIP have faith in at rely on Note: Beneath federal tax legislation the property needs to be A part of the gross estate of your surviving spouse at their individual Dying, where it really is issue to taxation.

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