common property Neighborhood property mental property personalized property property harm property destruction insurance plan property proper property tax general public property
Assess tenancy in common at tenancy — Local community 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 community property process to belong to the two spouses as undivided a person-fifty percent pursuits
on the corporation : property belonging to a certain person — skilled terminable interest property : property passing to your surviving spouse that qualifies for that marital deduction if the executor so elects delivering that the husband or wife is entitled to receive revenue in payments built at the least yearly for life Which no person has an influence to appoint any A part of the property to anyone other than the surviving husband or wife
see also antenuptial agreement Take note: In many states, on divorce marital property is divided As outlined by what the courtroom establishes is equitable. — movable property : property (as private property or crops) that could be moved — individual property : property (being a vehicle) that is certainly movable although not such as 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 nevertheless hooked up to or within the land or enhancements or fixtures forever hooked up for the land or maybe a structure on Furthermore, it : an desire, advantage, appropriate, or privilege in these types of property
known as also immovable property — individual property : property of the spouse that isn't Group property or marital property Particularly : property acquired by a husband or wife before marriage or independently all through marriage (as by gift or normally by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic benefit because of it the insurance policy plan limited property harm coverage to tangible property
These illustrations are programmatically compiled from many on-line sources As an instance present-day usage in the phrase 'property.' Any viewpoints expressed in the examples usually do not characterize Those people of Merriam-Webster or its editors. Send us comments about these illustrations.
— marital property : property obtained by either partner in the course of the study course of the marriage which is matter to division on divorce
see also asset, estate, desire sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Take note: When property is abandoned, the owner provides up the realistic expectation of privateness about it. The finder of abandoned property is entitled to keep it, as well as a law enforcement officer may well choose possession of abandoned property as evidence without having violating the ensure from unreasonable lookups and seizures while in the Fourth Modification to the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that's usually regarded as Portion of the personal bankruptcy estate : property obtained once the perfection of the lien or stability desire especially : this kind of property acquired following the development of the lien or protection fascination that may be issue to the lien or becomes collateral for the security interest : property transferred towards the estate of a decedent right after execution in the will — widespread property : property owned or utilized by multiple occasion specially : property owned or leased by tenants in prevalent
possession in indivision at possession Take note: The states owning Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specifically, in the civil law of Louisiana : tracts of land with their component parts — intangible property : property (as being a website stock certificate or professional license) that derives value not from its intrinsic physical mother nature but from what it signifies — mental property
of not conducting warmth character relates to a peculiar and exclusive good quality of the issue or a class.
a : a top quality or trait belonging and especially peculiar to a person or point b : an impact that an object has on An additional object or on the senses c : virtue perception two d : an attribute prevalent to all users of a category
a : anything owned or possessed exclusively : a piece of real estate b : the unique correct to possess, enjoy, and dispose of a detail : possession c : a thing to which somebody or organization includes a legal title d : 1 (such as a performer) that's less than agreement and whose operate is particularly beneficial e : a book or script purchased for publication or output
property indicates a attribute that belongs to some factor's essential mother nature and could be utilised to describe a type or species.
see also QTIP trust at trust Take note: Underneath federal tax legislation the property should be included in the gross estate of your surviving husband or wife at their personal death, where by it can be matter to taxation.