frequent property Group property intellectual property individual property property destruction property injury insurance coverage property ideal property tax community property
compare tenancy in prevalent at tenancy — community property : property held jointly by partner and wife specifically : property In particular from employment acquired by possibly partner after marriage that may be deemed in states using a Local community property technique to belong to both spouses as undivided a person-fifty percent passions
of your corporation : property belonging to a specific particular person — capable terminable interest property : property passing to your surviving wife or husband that qualifies for your marital deduction if the executor so elects supplying which the spouse is entitled to get money in payments made not less than each year for life Which not a soul has a power to appoint any Element of the property to any person in addition to the surviving husband or wife
see also antenuptial agreement Observe: In many states, upon divorce marital property is split In accordance with exactly what the court docket establishes is equitable. — movable property : property (as own property or crops) that can be moved — personal property : property (as a auto) that is movable although not which include crops or other resources nonetheless connected to land : property other than real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other resources even now connected to or in the land or improvements or fixtures forever hooked up into the land or a composition on In addition it : an fascination, gain, ideal, or privilege in these types of property
termed also immovable property — individual property : property of the partner that is not Neighborhood property or marital property Specifically : property acquired by a partner ahead of relationship or independently through relationship (as by present or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic value as a result of it the coverage plan restricted property injury protection to tangible property
These illustrations are programmatically compiled from many on line resources As an instance present-day usage of the term 'property.' Any viewpoints expressed during the examples don't symbolize People of Merriam-Webster or its editors. Send out us feed-back about these examples.
— marital property : property obtained by both partner through the program of a relationship that is certainly topic to division upon divorce
see also asset, estate, interest perception one, possession feeling 1e — abandoned property : property to which the proprietor has relinquished all legal rights Notice: When property is abandoned, the proprietor gives up the reasonable expectation of privateness relating to it. The finder of abandoned property is entitled to keep it, and a law enforcement officer could consider possession of deserted property as proof devoid of violating the warranty from unreasonable queries and seizures while in the Fourth Amendment towards the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy scenario and that is normally regarded A part of the bankruptcy estate : property obtained following the perfection of the lien or stability fascination Specially : this kind of property obtained following the creation of the lien or safety interest that may be matter towards the lien or results in being collateral for the security desire : property transferred on the estate of a decedent immediately after execution from the will — popular property : property owned or utilized by multiple occasion particularly : property owned or leased by tenants in common
possession in indivision at ownership Observe: The states possessing community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry specially, inside the civil regulation of Louisiana : tracts of land with their part elements — intangible property : property (to be a stock certification or Skilled 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 distinctive excellent of a detail or a class.
a : an excellent or trait belonging and especially peculiar to somebody or point b : an impact that an item has on Yet another object or about the senses c : virtue feeling two d : an attribute common to all customers of a category
a : one thing owned or possessed precisely : a piece of real estate b : the special proper to have, take pleasure in, and eliminate a point : possession c : something to which somebody or business enterprise includes a lawful title d : a single (for instance a performer) who is beneath contract and whose do the job is particularly important e : a e-book or script procured for publication or website production
property indicates a attribute that belongs to some matter's essential character and could be employed to explain a type or species.
see also QTIP belief at have confidence in Take note: Beneath federal tax regulation the property has to be A part of the gross estate in the surviving wife or husband at their individual death, the place it is actually topic to taxation.