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frequent property community property mental property personalized property property hurt property hurt insurance plan property appropriate property tax community property

Examine tenancy in frequent at tenancy — community property : property held jointly by partner and wife specially : property Specifically from work acquired by either partner after relationship that is certainly deemed in states aquiring a Local community property method to belong to both equally spouses as undivided 1-50 percent pursuits

in the Company : property belonging to a specific human being — experienced terminable interest property : property passing to your surviving partner that qualifies with the marital deduction In case the executor so elects supplying which the spouse is entitled to get earnings in payments designed at the least annually for life Which not one person has a power to appoint any Section of the property to anyone apart from the surviving wife or husband

see also antenuptial agreement Take note: In many states, on divorce marital property is divided As outlined by what the court docket determines is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (as being a car or truck) that's movable although not including crops or other sources however hooked up to land : property other than real property a tax on the personal property

— real property : property consisting of land, properties, crops, or other resources nonetheless connected to or in the land or enhancements or fixtures forever attached on the land or maybe a structure on Furthermore, it : an desire, benefit, appropriate, or privilege in these property

called also immovable property — independent property : property of the wife or husband that is not community property or marital property Specifically : property obtained by a wife or husband in advance of marriage or individually in the course of marriage (as by gift or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial price thanks to it the insurance policies plan limited property destruction protection to tangible property

These illustrations are programmatically compiled from various on-line sources to illustrate existing utilization on the phrase 'property.' Any thoughts expressed while in the illustrations never represent These of Merriam-Webster or its editors. Deliver us comments about these examples.

— marital property : property acquired by both partner during the program of read more a marriage that is certainly issue to division on divorce

see also asset, estate, interest perception one, possession feeling 1e — deserted property : property to which the proprietor has relinquished all rights Be aware: When property is abandoned, the owner gives up the fair expectation of privateness regarding it. The finder of abandoned property is entitled to keep it, in addition to a law enforcement officer may possibly get possession of abandoned property as proof devoid of violating the assure versus unreasonable lookups and seizures inside the Fourth Amendment to the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy situation and that's normally regarded Section of the personal bankruptcy estate : property acquired following the perfection of a lien or safety curiosity especially : these property acquired after the generation of the lien or protection fascination that's issue on the lien or gets collateral for the security interest : property transferred into the estate of a decedent after execution from the will — typical property : property owned or employed by multiple party exclusively : property owned or leased by tenants in widespread

ownership in indivision at possession Observe: The states possessing community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry specifically, from the civil law of Louisiana : tracts of land with their part elements — intangible property : property (to be a stock certification or Specialist license) that derives value not from its intrinsic Bodily nature but from what it signifies — mental property

of not conducting warmth character applies to a peculiar and distinct top quality of the point or a category.

a : a high quality or trait belonging and particularly peculiar to a person or detail b : an result that an item has on An additional item or about the senses c : virtue perception 2 d : an attribute common to all customers of a class

a : a little something owned or possessed exclusively : a piece of real estate b : the exceptional proper to have, get pleasure from, and dispose of a matter : ownership c : a little something to which someone or business provides a legal title d : just one (such as a performer) that is under agreement and whose perform is very important e : a ebook or script purchased for publication or generation

property implies a characteristic that belongs to your detail's important character and should be used to describe a type or species.

see also QTIP have faith in at belief Note: Below federal tax legislation the property need to be included in the gross estate on the surviving wife or husband at his or her possess death, the place it is actually topic to taxation.

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