Top latest Five property Urban news
Top latest Five property Urban news
Blog Article
widespread property community property mental property private property property damage property hurt insurance policies property correct property tax general public property
Examine tenancy in common at tenancy — Local community property : property held jointly by husband and spouse especially : property especially from work acquired by both spouse just after marriage that is considered in states having a Local community property system to belong to both equally spouses as undivided 1-50 % interests
of your corporation : property belonging to a selected particular person — capable terminable curiosity property : property passing to a surviving husband or wife that qualifies for the marital deduction In case the executor so elects providing the spouse is entitled to obtain money in payments manufactured at least every year for life and that not a soul has a power to appoint any Component of the property to any person apart from the surviving husband or wife
see also antenuptial agreement Observe: In most states, upon divorce marital property is split In accordance with just what the court decides is equitable. — movable property : property (as personal property or crops) which can be moved — own property : property (as being a car or truck) that's movable although not which includes 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, properties, crops, or other resources nevertheless hooked up to or within the land or enhancements or fixtures forever attached on the land or simply a construction on What's more, it : an interest, advantage, suitable, or privilege in these types of property
named also immovable property — separate property : property of a wife or husband that is not Local community property or marital property Primarily : property acquired by a spouse ahead of relationship or individually for the duration of relationship (as by present or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial benefit due to it the insurance policies plan restricted property injury protection to tangible property
These illustrations are programmatically compiled from numerous on the web resources to illustrate existing utilization of your word 'property.' Any thoughts expressed from the examples usually do not characterize Those people of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property acquired by either husband or wife in the course of a relationship that is definitely subject to division upon divorce
see also asset, estate, curiosity perception one, possession sense 1e — abandoned property : property to which the operator has relinquished all rights Be aware: When property is abandoned, the proprietor presents up the reasonable expectation of privacy regarding it. The finder of deserted property is entitled to maintain it, in addition to a police officer could just take possession of deserted property as proof with out violating the warranty versus unreasonable searches and seizures inside the Fourth Modification to your U.S. Structure. — just after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy scenario and that's ordinarily considered A part of the personal bankruptcy estate : property acquired following the perfection of the lien or stability desire Particularly : these types of property obtained after the creation of a lien or safety desire that is definitely matter for the lien or will become collateral for the safety desire : property transferred to the estate of a decedent right after execution on the will — widespread property : property owned or employed by multiple bash precisely : property owned or leased by tenants in common
ownership in indivision at ownership Note: The states having community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry especially, while in the civil legislation of Louisiana : tracts of land with their part areas — intangible property : property (for a inventory certification or Qualified license) that derives price not from its intrinsic Actual physical mother nature but from what it signifies — mental property
of not conducting heat character applies to a peculiar and distinctive high quality of a factor or a class.
a : a high quality or trait belonging and especially peculiar to an individual or factor b : an impact that an object has on An additional object or on the senses c : advantage perception two d : an attribute prevalent to all users of a category
a : a thing owned or possessed specially : a bit of real estate b : the distinctive appropriate to possess, take pleasure in, and get rid of a factor : ownership c : something to which a person or business contains a lawful title d : just one (like a performer) that is beneath agreement and whose function is especially valuable e : a reserve or script procured for publication or output
property indicates a attribute that belongs into a point's important nature and could be made use of to explain a kind or species.
see also QTIP have confidence in at believe in Be aware: Under click here federal tax regulation the property need to be A part of the gross estate with the surviving spouse at his or her own Dying, where by it can be subject matter to taxation.