Top constructing excellence Secrets
Top constructing excellence Secrets
Blog Article
typical property Local community property intellectual property particular property property hurt property harm insurance property ideal property tax community property
compare tenancy in prevalent at tenancy — community property : property held jointly by partner and wife precisely : property Specially from employment obtained by both partner after relationship that is considered in states having a Local community property method to belong to both equally spouses as undivided a single-50 % interests
of your corporation : property belonging to a certain person — experienced terminable fascination property : property passing to the surviving partner that qualifies for that marital deduction if the executor so elects offering which the wife or husband is entitled to obtain profits in payments manufactured a minimum of every year for all times and that no-one has a power to appoint any A part of the property to anyone other than the surviving partner
see also antenuptial arrangement Note: 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) which can be moved — particular property : property (as being a car or truck) that is movable but not which include crops or other resources nonetheless hooked up to land : property apart from real property a tax on the private property
— real property : property consisting of land, properties, crops, or other means still attached to or in the land or improvements or fixtures permanently attached on the land or perhaps a framework on In addition it : an desire, benefit, correct, or privilege in these kinds of property
identified as also immovable property — different property : property of a partner that isn't Local community property or marital property Particularly : property obtained by a wife or husband before marriage or separately all through relationship (as by gift or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial worth as a result of it the insurance policies coverage limited property harm coverage to tangible property
These illustrations are programmatically compiled from several on the net resources As an instance present-day utilization on the term 'property.' Any opinions expressed within the illustrations usually do not depict Those people of Merriam-Webster or its editors. Send us comments about these examples.
— marital property : property acquired by both partner in the class of the relationship that is subject to division upon divorce
see also asset, estate, interest sense 1, possession get more info perception 1e — abandoned property : property to which the proprietor has relinquished all rights Observe: When property is abandoned, the proprietor presents up the acceptable expectation of privateness relating to it. The finder of deserted property is entitled to keep it, as well as a police officer may well choose possession of deserted property as evidence with out violating the ensure from unreasonable lookups and seizures during the Fourth Amendment towards the U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy scenario and that's ordinarily considered A part of the bankruptcy estate : property acquired once the perfection of the lien or safety interest In particular : this sort of property obtained following the development of a lien or security interest that is subject to the lien or results in being collateral for the safety curiosity : property transferred towards the estate of the decedent after execution with the will — frequent property : property owned or used by more than one bash specially : property owned or leased by tenants in frequent
ownership in indivision at possession Be aware: The states having Group property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry especially, inside the civil regulation of Louisiana : tracts of land with their component parts — intangible property : property (for a stock certification or Qualified license) that derives price not from its intrinsic physical mother nature but from what it represents — mental property
of not conducting heat character applies to a peculiar and distinct excellent of a matter or a class.
a : an excellent or trait belonging and especially peculiar to somebody or point b : an influence that an item has on A different item or about the senses c : advantage feeling 2 d : an attribute frequent to all associates of a class
a : some thing owned or possessed particularly : a piece of real estate b : the exclusive appropriate to possess, get pleasure from, and dispose of a matter : ownership c : a thing to which a person or business enterprise includes a lawful title d : a single (for instance a performer) who is underneath deal and whose function is particularly valuable e : a ebook or script acquired for publication or output
property implies a characteristic that belongs into a matter's important character and could be utilised to explain a kind or species.
see also QTIP have confidence in at believe in Note: Under federal tax regulation the property need to be A part of the gross estate on the surviving wife or husband at his or her individual death, exactly where it is issue to taxation.