property - An Overview

typical property Group property mental property individual property property damage property problems insurance policies property right property tax community property

Evaluate tenancy in widespread at tenancy — community property : property held jointly by partner and wife precisely : property Specially from employment acquired by possibly partner after relationship that may be deemed in states aquiring a Neighborhood property system to belong to each spouses as undivided just one-fifty percent pursuits

from the Company : property belonging to a particular man or woman — qualified terminable curiosity 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 get income in payments designed at the very least per year for life and that no person has an influence to appoint any Portion of the property to anyone other than the surviving partner

see also antenuptial settlement Note: In the majority of states, on divorce marital property is split In accordance with just what the court decides is equitable. — movable property : property (as particular property or crops) that can be moved — private property : property (like a auto) that is movable but not which include crops or other resources nevertheless connected to land : property in addition to real property a tax on the non-public property

— real property : property consisting of land, buildings, crops, or other assets still attached to or in the land or advancements or fixtures permanently connected to your land or perhaps a construction on In addition it : an curiosity, gain, right, or privilege in this sort of property

named also immovable property — different property : property of a partner that isn't Local community property or marital property Primarily : property acquired by a wife or husband prior to marriage or independently through relationship (as by gift or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic worth on account of it the insurance plan plan restricted property harm coverage to tangible property

These examples are programmatically compiled from numerous on-line sources As an example recent use of your term 'property.' Any opinions expressed in the examples don't depict All those of Merriam-Webster or its editors. Mail us feedback about these examples.

— marital property : property acquired by either husband or wife in the course of a marriage that's topic to division upon divorce

see also asset, estate, curiosity sense 1, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Note: When property is abandoned, the operator presents up the acceptable expectation of privateness regarding it. The finder of abandoned property is entitled to maintain it, in addition to a law enforcement officer may possibly acquire possession of deserted property as evidence with out violating the assure towards unreasonable queries and seizures inside the Fourth Amendment into the U.S. Structure. — following-acquired property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that is generally considered part of the individual bankruptcy estate : property obtained after the perfection of the lien or protection curiosity especially : these property acquired after the creation of the lien or safety interest that is issue to your lien or gets collateral for the security desire : property transferred to your estate of a decedent following execution of your will — widespread property : property owned or utilized by more than one bash specially : property owned or leased by tenants in frequent

ownership in indivision at possession Notice: The states possessing community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry specifically, from the civil legislation of Louisiana : tracts of land with their component sections — intangible property : property (like a inventory certificate or Expert license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property

of not conducting warmth character applies to a peculiar and distinct good quality of the issue or a class.

a : an excellent or trait belonging and particularly peculiar to an individual or issue b : an impact that an item has on One more object or about the senses c : virtue perception 2 d : an attribute prevalent to all associates of a category

a : anything owned or possessed specifically : a piece of real estate b : the exclusive proper to have, take pleasure in, and eliminate a point : possession c : one thing to which a person or enterprise contains a authorized title d : a person (such as a performer) that's below deal and whose function is particularly valuable e : a e book or script bought for publication or generation

property implies a attribute that belongs to some here matter's important mother nature and may be utilised to explain a kind or species.

see also QTIP rely on at trust Be aware: Underneath federal tax law the property have to be included in the gross estate in the surviving wife or husband at their individual Dying, in which it's issue to taxation.