widespread property Neighborhood property intellectual property own property property problems property injury insurance policy property right property tax general public property
Review tenancy in frequent at tenancy — Group property : property held jointly by spouse and spouse exclusively : property Particularly from work obtained by either spouse just after marriage that may be deemed in states aquiring a Neighborhood property procedure to belong to each spouses as undivided one particular-50 % pursuits
from the corporation : property belonging to a certain human being — experienced terminable desire property : property passing to the surviving spouse that qualifies for your marital deduction Should the executor so elects supplying the wife or husband is entitled to receive revenue in payments manufactured not less than annually for all times and that no one has a power to appoint any Section of the property to anyone other than the surviving partner
see also antenuptial settlement Note: In many states, on divorce marital property is split In keeping with what the courtroom establishes is equitable. — movable property : property (as own property or crops) that can be moved — private property : property (to be a automobile) that may be movable although not such as crops or other methods nonetheless connected to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other methods however hooked up to or throughout the land or improvements or fixtures completely hooked up to the land or even a composition on Additionally, it : an fascination, benefit, correct, or privilege in these kinds of property
called also immovable property — independent property : property of a wife or husband that is not Neighborhood property or marital property Specially : property obtained by a spouse just before relationship or independently all through marriage (as by gift or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic worth as a consequence of it the insurance coverage coverage restricted property problems protection to tangible property
These examples are programmatically compiled from different on the web resources to illustrate current usage from the word 'property.' Any opinions expressed within the examples don't symbolize People of Merriam-Webster or its editors. Mail us feed-back about these examples.
— marital property : property acquired by either spouse through the training course of a marriage that is subject to division upon divorce
see also asset, estate, curiosity sense 1, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Notice: When property is abandoned, the proprietor provides up the affordable expectation of privacy concerning it. The finder of deserted property is entitled to help keep it, as well as a police officer may perhaps acquire possession of abandoned property as evidence devoid of violating the promise in opposition to unreasonable queries and seizures within the Fourth Modification on the U.S. Constitution. — just after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy circumstance and that's normally regarded Section of the personal bankruptcy estate : property acquired after the perfection of a lien or stability desire In particular : these property acquired following the creation of the lien or stability fascination which is topic for the lien or turns into collateral for the security desire : property transferred on the estate of a decedent right after execution in the will — typical property : property owned or employed by multiple social gathering exclusively : click here property owned or leased by tenants in frequent
ownership in indivision at possession Notice: The states getting community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry exclusively, within the civil regulation of Louisiana : tracts of land with their element sections — intangible property : property (to be a inventory certificate or professional license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — mental property
of not conducting heat character relates to a peculiar and unique high quality of the point or a class.
a : an excellent or trait belonging and especially peculiar to an individual or matter b : an result that an object has on A further object or around the senses c : advantage feeling two d : an attribute prevalent to all associates of a category
a : one thing owned or possessed precisely : a piece of real estate b : the special appropriate to possess, delight in, and dispose of a detail : ownership c : a little something to which somebody or company provides a authorized title d : one (for instance a performer) who is underneath contract and whose operate is especially precious e : a guide or script ordered for publication or production
property indicates a attribute that belongs into a detail's important mother nature and may be employed to explain a kind or species.
see also QTIP trust at have faith in Take note: Beneath federal tax regulation the property should be A part of the gross estate of the surviving partner at his / her personal Demise, where it truly is issue to taxation.