widespread property Group property intellectual property private property property hurt property destruction insurance policies property right property tax community property
Assess tenancy in typical at tenancy — Group property : property held jointly by spouse and spouse exclusively : property Particularly from work acquired by possibly partner just after marriage that is considered in states having a Local community property method to belong to both equally spouses as undivided one-fifty percent passions
of your corporation : property belonging to a selected particular person — qualified terminable fascination property : property passing to the surviving husband or wife that qualifies for the marital deduction If your executor so elects supplying which the spouse is entitled to get earnings in payments designed a minimum of per year for life Which no one has an influence to appoint any Element of the property to any person in addition to the surviving partner
see also antenuptial settlement Be aware: In the majority of states, on divorce marital property is divided In keeping with exactly what the court docket determines is equitable. — movable property : property (as personalized property or crops) that can be moved — private property : property (for a car) that is definitely movable but not like crops or other means nevertheless hooked up to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other assets continue to attached to or in the land or advancements or fixtures permanently connected into the land or even a framework on it also : an curiosity, profit, right, or privilege in these kinds of property
termed also immovable property — separate property : property of a wife or husband that is not Neighborhood property or marital property Primarily : property acquired by a partner in advance of marriage or individually through relationship (as by gift or usually by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth on account of it the coverage policy restricted property problems protection to tangible property
These examples are programmatically compiled from various online resources to illustrate existing usage of the word 'property.' Any thoughts expressed from the illustrations don't depict All those of Merriam-Webster or its editors. Ship us opinions about these illustrations.
— marital property : property obtained by either partner over the class of a marriage which is 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 legal rights Be aware: When property is deserted, the operator offers up the acceptable expectation of privateness regarding it. The finder of deserted property is entitled to maintain it, and a police officer could acquire possession of deserted property as proof without violating the assure in opposition to unreasonable lookups and seizures in the Fourth Amendment for the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the bankruptcy case and that is generally deemed Section of the individual bankruptcy estate : property obtained after the perfection of the lien or stability desire Specifically : these property obtained once the generation of the lien or security curiosity that is definitely matter for the lien or gets to be collateral for the security interest : property transferred on the estate of the decedent just after execution of your will — prevalent property : property owned or utilized by more than one celebration precisely : property owned or leased by tenants in common
ownership in indivision at ownership Note: The states acquiring 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 benefit not from its intrinsic Bodily mother nature but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and distinctive excellent of a detail or a class.
a : a quality or trait belonging and particularly peculiar to a person or factor b : an result that an item has on One more item or over the senses c : advantage perception two d : an attribute prevalent to all members of a class
a : something owned or possessed specifically : a bit more info of real estate b : the special ideal to have, love, and eliminate a matter : possession c : anything to which someone or enterprise includes a legal title d : one (such as a performer) that's underneath agreement and whose operate is particularly beneficial e : a guide or script purchased for publication or output
property indicates a attribute that belongs into a factor's important nature and could be applied to explain a kind or species.
see also QTIP believe in at trust Take note: Underneath federal tax legislation the property has to be included in the gross estate from the surviving spouse at his / her individual Demise, in which it's subject to taxation.