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Evaluate tenancy in popular at tenancy — Neighborhood property : property held jointly by husband and spouse particularly : property Primarily from employment obtained by both wife or husband soon after marriage that is definitely deemed in states using a Neighborhood property process to belong to each spouses as undivided a person-fifty percent pursuits
in the Company : property belonging to a specific human being — competent terminable desire property : property passing into a surviving wife or husband that qualifies to the marital deduction Should the executor so elects offering which the partner is entitled to acquire earnings in payments designed at the very least on a yearly basis for life Which no one has an influence to appoint any part of the property to any person in addition to the surviving partner
see also antenuptial settlement Note: In the majority of states, upon divorce marital property is divided In keeping with what the court docket determines is equitable. — movable property : property (as personalized property or crops) which might be moved — particular property : property (as being a motor vehicle) that is movable although not which includes crops or other methods still 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 even now 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, reward, suitable, or privilege in such property
named also immovable property — different property : property of a husband or wife that's not community property or marital property Specifically : property obtained by a spouse just before relationship or separately in the course of relationship (as by reward or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial benefit as a result of it the insurance policies plan restricted property destruction coverage to tangible property
These examples are programmatically compiled from several online sources As an example present-day usage in the phrase 'property.' Any viewpoints expressed in the examples tend not to stand for those of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property acquired by either husband or wife over the class of a marriage that is certainly subject matter to division on divorce
see also asset, estate, interest sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all rights Be aware: When property is deserted, the proprietor presents up the reasonable expectation of privacy regarding it. The finder of abandoned property is entitled to help keep it, in addition to a police officer might get possession of deserted property as proof devoid of violating the guarantee against unreasonable searches and seizures inside the Fourth Amendment to the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy situation and that is commonly viewed as Component of the personal bankruptcy estate : property obtained following the perfection of a lien or stability interest Specifically : these kinds of property acquired once the generation of a lien or safety curiosity that is issue into the lien or will become collateral for the security interest : property transferred into the estate of the decedent immediately after execution of your will — prevalent property : property owned or utilized by more than one party specifically : get more info property owned or leased by tenants in common
possession in indivision at possession Notice: The states getting Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry especially, during the civil legislation of Louisiana : tracts of land with their component sections — intangible property : property (like a stock certification or Skilled license) that derives worth not from its intrinsic physical character but from what it represents — mental property
of not conducting warmth character applies to a peculiar and distinctive good quality of a issue or a category.
a : a high quality or trait belonging and particularly peculiar to a person or thing b : an result that an object has on A different object or over 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 bit of real estate b : the distinctive correct to have, appreciate, and eliminate a factor : possession c : some thing to which somebody or enterprise contains a authorized title d : one (like a performer) that's beneath deal and whose perform is very beneficial e : a e book or script bought for publication or production
property indicates a characteristic that belongs to your thing's vital nature and will be made use of to describe a sort or species.
see also QTIP believe in at rely on Be aware: Underneath federal tax law the property need to be included in the gross estate with the surviving spouse at his or her individual Demise, the place it is matter to taxation.