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Examine tenancy in typical at tenancy — Group property : property held jointly by spouse and spouse precisely : property Specially from employment obtained by either wife or husband immediately after marriage that may be deemed in states having a Local community property system to belong to both equally spouses as undivided a single-50 % interests
of your corporation : property belonging to a certain person — experienced terminable interest property : property passing to your surviving partner that qualifies with the marital deduction In the event the executor so elects providing the spouse is entitled to obtain money in payments created not less than every year for all times and that no person has a power to appoint any Section of the property to anyone apart from the surviving husband or wife
see also antenuptial arrangement Take note: In most states, upon divorce marital property is split In keeping with what the courtroom establishes is equitable. — movable property : property (as private property or crops) which might be moved — individual property : property (being a auto) which is movable although not such as crops or other assets continue to attached to land : property besides real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other methods still connected to or throughout the land or improvements or fixtures completely hooked up towards the land or perhaps a framework on What's more, it : an interest, profit, proper, or privilege in these property
called also immovable property — independent property : property of the wife or husband that is not community property or marital property Specifically : property acquired by a spouse just before relationship or individually in the course of relationship (as by reward or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value as a result of it the insurance plan plan limited property hurt protection to tangible property
These illustrations are programmatically compiled from various on-line resources to illustrate recent usage in the phrase 'property.' Any viewpoints expressed within the illustrations do not symbolize People of Merriam-Webster or its editors. Ship us feed-back about these examples.
— marital property : property acquired by both wife or husband during the program of the marriage which is topic to division upon divorce
see also asset, estate, curiosity feeling one, possession sense 1e — deserted property : property to which the operator has relinquished all legal rights Take note: When property is abandoned, the operator presents up the fair expectation of privateness concerning it. The finder of deserted property is entitled to keep it, as well as a police officer could get possession of abandoned property as evidence with out violating the assure towards unreasonable lookups and seizures within the Fourth Amendment on the U.S. Constitution. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the personal bankruptcy situation and that is generally regarded as A part of the bankruptcy estate : property acquired following the perfection of a lien or safety interest especially : these types of property acquired following the generation of a lien or stability desire that is topic on the lien or will become collateral for the safety curiosity : property transferred for the estate of a decedent following execution of the will — widespread property more info : property owned or utilized by multiple occasion particularly : property owned or leased by tenants in popular
possession in indivision at ownership Note: The states acquiring Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specifically, while in the civil law of Louisiana : tracts of land with their component pieces — intangible property : property (for a stock certification or professional license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — mental property
of not conducting warmth character applies to a peculiar and unique high quality of the detail or a class.
a : an outstanding or trait belonging and particularly peculiar to somebody or detail b : an effect that an item has on Yet another object or to the senses c : virtue sense two d : an attribute typical to all users of a class
a : something owned or possessed particularly : a piece of real estate b : the exclusive right to possess, love, and get rid of a issue : possession c : one thing to which anyone or company contains a legal title d : a person (such as a performer) that is beneath agreement and whose perform is especially valuable e : a book or script procured for publication or production
property indicates a attribute that belongs into a detail's crucial character and will be utilized to explain a sort or species.
see also QTIP have confidence in at have confidence in Be aware: Under federal tax regulation the property should be included in the gross estate of your surviving partner at her or his own Loss of life, wherever it's subject matter to taxation.