property - An Overview

prevalent property Neighborhood property intellectual property own property property problems property harm insurance property ideal property tax community property

compare tenancy in common at tenancy — Local community property : property held jointly by husband and spouse especially : property Primarily from employment obtained by possibly partner after relationship which is considered in states getting a Group property technique to belong to both spouses as undivided just one-half interests

on the corporation : property belonging to a specific person — capable terminable curiosity property : property passing to the surviving partner that qualifies with the marital deduction When the executor so elects giving that the husband or wife is entitled to acquire revenue in payments manufactured not less than yearly for all times and that no person has a power to appoint any Portion of the property to anyone other than the surviving husband or wife

see also antenuptial agreement Notice: For most states, upon divorce marital property is divided In keeping with what the courtroom establishes is equitable. — movable property : property (as personal property or crops) which can be moved — own property : property (as a vehicle) that is definitely movable but not which includes crops or other sources however hooked up to land : property other than real property a tax on the non-public property

— real property : property consisting of land, properties, crops, or other sources even now attached to or within the land or enhancements or fixtures forever attached for the land or maybe a composition on Additionally, it : an curiosity, gain, right, or privilege in these kinds of property

termed also immovable property — separate property : property of a partner that isn't Group property or marital property especially : property acquired by a husband or wife right before relationship or separately all through relationship (as by gift or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic price thanks to it the insurance policy restricted property injury protection to tangible property

These illustrations are programmatically compiled from several online sources to illustrate current use of your term 'property.' Any viewpoints expressed in the examples don't signify These of Merriam-Webster or its editors. Mail us feed-back about these illustrations.

— marital property : property obtained by possibly spouse during the program of a marriage that is subject to division upon divorce

see also asset, estate, desire perception one, possession sense 1e — deserted property : property to which the operator has relinquished all rights Notice: When property is deserted, the owner gives up the reasonable expectation of privateness about it. The finder of deserted property is entitled to help keep it, plus a police officer might get possession of abandoned property as proof without the need of violating the guarantee against unreasonable lookups and seizures during the Fourth Modification into the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy circumstance and that's normally regarded Component of the individual bankruptcy estate : property acquired after the perfection of the lien or protection curiosity Specially : these kinds of property acquired after the generation of the lien or safety curiosity that's subject to the lien or becomes collateral for the security interest : property transferred to the estate of a decedent after execution of the will — common property : property owned or used by more than one party specifically : property owned or leased by tenants in common

ownership in indivision at ownership Note: The states having community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable get more info property : real property in this entry specifically, in the civil law of Louisiana : tracts of land with their component parts — intangible property : property (as a stock certification or Qualified license) that derives price not from its intrinsic Bodily character but from what it represents — intellectual property

of not conducting heat character applies to a peculiar and distinctive quality of the matter or a category.

a : an outstanding or trait belonging and particularly peculiar to a person or detail b : an influence that an object has on A further object or over the senses c : virtue feeling 2 d : an attribute common to all users of a category

a : anything owned or possessed especially : a piece of real estate b : the exclusive ideal to have, get pleasure from, and dispose of a thing : ownership c : a thing to which an individual or business enterprise includes a lawful title d : 1 (for instance a performer) who is underneath agreement and whose function is very important e : a guide or script ordered for publication or manufacturing

property indicates a attribute that belongs into a detail's crucial mother nature and may be utilised to explain a type or species.

see also QTIP belief at have confidence in Observe: Under federal tax legislation the property needs to be included in the gross estate with the surviving spouse at their have death, the place it is actually matter to taxation.

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