widespread property Group property mental property personal property property damage property problems insurance policies property correct property tax general public property
Assess tenancy in prevalent at tenancy — Neighborhood property : property held jointly by husband and spouse especially : property especially from employment obtained by either husband or wife following relationship that is certainly deemed in states using a community property process to belong to the two spouses as undivided one particular-50 percent interests
with the corporation : property belonging to a certain individual — capable terminable curiosity property : property passing to the surviving spouse that qualifies with the marital deduction In the event the executor so elects giving that the husband or wife is entitled to acquire money in payments created at least annually for life Which no one has an influence to appoint any Portion of the property to anyone apart from the surviving wife or husband
see also antenuptial agreement Notice: In most states, upon divorce marital property is split according to exactly what the courtroom establishes is equitable. — movable property : property (as own property or crops) which can be moved — own property : property (like a car or truck) that's movable but not which include crops or other assets still connected to land : property besides real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other assets nonetheless hooked up to or within the land or enhancements or fixtures completely hooked up for the land or a structure on In addition, it : an desire, profit, proper, or privilege in these kinds of property
termed also immovable property — separate property : property of a partner that's not Group property or marital property Primarily : property acquired by a partner ahead of relationship or separately throughout marriage (as by gift or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit thanks to it the insurance coverage policy restricted property injury coverage to tangible property
These illustrations are programmatically compiled from several online resources to illustrate current usage in the phrase 'property.' Any viewpoints expressed in the examples tend not to characterize those of Merriam-Webster or its editors. Ship us opinions about these examples.
— marital property : property acquired by either partner in the course of the study course of the relationship that is subject to division upon divorce
see also asset, estate, interest sense 1, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Be aware: When property is abandoned, the owner gives up the fair expectation of privacy regarding it. The finder of deserted property is entitled to maintain it, in addition to a law enforcement officer may well get possession of abandoned property as proof with out violating the ensure from unreasonable queries and seizures inside the Fourth Amendment towards the U.S. Structure. — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the bankruptcy circumstance and that's normally regarded Portion of the individual bankruptcy estate : property acquired after the perfection of a lien or safety desire In particular : these kinds of property acquired after the generation of the lien or security interest that's issue on the lien or turns into collateral for the security desire : property transferred on the estate of the decedent just after execution of your will — common property : property owned or used by multiple social gathering especially : property owned or leased by tenants in typical
possession in indivision at ownership Take note: The states having community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specially, inside the civil legislation of Louisiana : tracts of land with their part components — intangible property : property (to be a stock certificate or Qualified license) that derives worth not from its intrinsic physical character but from what it represents — mental property
of not conducting heat character relates to a peculiar and exclusive high quality of the issue or a class.
a : an outstanding or trait belonging and especially peculiar to somebody or matter b : an impact that an item has on Yet another object or about the senses c : virtue perception 2 d : an attribute prevalent to all associates of a category
a : anything owned or possessed specifically : a bit of real estate b : the exclusive suitable to check here possess, delight in, and dispose of a matter : ownership c : one thing to which a person or small business features a lawful title d : 1 (like a performer) who is underneath contract and whose operate is especially worthwhile e : a guide or script acquired for publication or production
property implies a attribute that belongs into a point's important character and could be employed to explain a kind or species.
see also QTIP belief at believe in Be aware: Under federal tax law the property needs to be A part of the gross estate of your surviving partner at her or his have Loss of life, wherever it's matter to taxation.