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prevalent property Group property mental property private property property damage property hurt insurance policies property right property tax general public property

Examine tenancy in popular at tenancy — Local community property : property held jointly by husband and spouse particularly : property Primarily from employment obtained by both spouse immediately after marriage that may be deemed in states aquiring a community property process to belong to both spouses as undivided just one-fifty percent pursuits

in the Company : property belonging to a specific human being — competent terminable desire property : property passing to some surviving wife or husband that qualifies for your marital deduction Should the executor so elects offering which the partner is entitled to obtain profits in payments produced not less than each year for all times and that not one person has a power to appoint any Component of the property to any person besides the surviving spouse

see also antenuptial arrangement Take note: In many states, on divorce marital property is divided As outlined by what the courtroom establishes is equitable. — movable property : property (as private property or crops) which might be moved — private property : property (for a car) that is definitely movable but not which includes crops or other means nonetheless connected to land : property other than real property a tax on the private property

— real property : property consisting of land, properties, crops, or other sources even now hooked up to or inside the land or enhancements or fixtures forever attached to your land or a construction on What's more, it : an interest, reward, suitable, or privilege in this kind of property

named also immovable property — different property : property of a husband or wife that's not Local community property or marital property Primarily : property acquired by a husband or wife right before marriage or independently through marriage (as by present or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth as a consequence of it the insurance coverage limited property damage coverage to tangible property

These illustrations are programmatically compiled from many on-line resources For example current utilization on the term 'property.' Any opinions expressed inside the illustrations never represent those of Merriam-Webster or its editors. Send us feed-back about these illustrations.

— marital property : property obtained by possibly husband or wife in the course of the training course of a marriage that may be matter to division upon divorce

see also asset, estate, curiosity feeling one, possession feeling 1e — abandoned property : property to which the owner has relinquished all rights Note: When property is deserted, the proprietor presents up the affordable expectation of privacy regarding it. The finder of deserted property is entitled to maintain it, in addition to a police officer might just take possession of deserted property as proof without the need of violating the guarantee towards unreasonable queries and seizures while in the Fourth Modification into the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the personal bankruptcy situation and that's commonly considered part of the individual bankruptcy estate : property obtained after the perfection of the lien or protection fascination Specifically : such property obtained following the development of a lien or safety interest that may be matter towards the lien or gets collateral for the security desire : property transferred to your estate of a decedent immediately after execution on the will — typical property : property owned or employed by multiple party precisely : property owned or leased by tenants in widespread

ownership in indivision at possession Be aware: The states having Group property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry exclusively, inside the civil regulation of Louisiana : tracts of land with their element pieces — intangible property : property (as being a inventory certificate or Qualified license) that derives value not from its intrinsic Bodily nature but from what it represents — mental property

of not conducting heat character applies to a peculiar and exclusive top quality of the factor or a category.

a : a top quality or trait belonging and particularly peculiar to someone or thing b : an result that an object has on A different item or about the senses c : virtue perception 2 d : an attribute prevalent to all members of a class

a : something owned or possessed specially : a piece of real estate b : the exceptional right to possess, enjoy, and get rid of a thing : ownership c : a thing to which somebody or business incorporates a legal title d : one particular (such as a performer) that is under agreement and whose work is especially beneficial e : a guide or script obtained for publication or production

property implies a attribute that belongs to a matter's important mother nature and may be utilised to describe a kind or species.

see also QTIP belief at have confidence in Take note: Below federal tax check here legislation the property must be A part of the gross estate of the surviving husband or wife at her or his individual death, wherever it's subject matter to taxation.

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