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frequent property Local community property intellectual property personalized property property damage property destruction insurance coverage property ideal property tax public propertycompare tenancy in widespread at tenancy — Group property : property held jointly by spouse and wife specially : property Specifically from work obtained by either wife or husband after relationship which is considered in states getting a community property technique to belong to both equally spouses as undivided one-50 percent pursuits
on the Company : property belonging to a particular particular person — qualified terminable curiosity property : property passing to your surviving wife or husband that qualifies for your marital deduction In the event the executor so elects giving which the spouse is entitled to get money in payments created at least per year for life and that no-one has a power to appoint any Component of the property to any person apart from the surviving wife or husband
see also antenuptial arrangement Observe: In most states, on divorce marital property is split Based on exactly what the court docket determines is equitable. — movable property : property (as personalized property or crops) that can be moved — personal property : property (being a vehicle) which is movable although not such as crops or other methods even now attached to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other means nonetheless connected to or throughout the land or improvements or fixtures completely hooked up for the land or maybe a structure on Furthermore, it : an desire, gain, proper, or privilege in these property
known as also immovable property — individual property : property of the spouse that isn't Local community property or marital property Specifically : property acquired by a partner ahead of marriage or independently in the course of relationship (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value on account of it the coverage policy limited property destruction coverage to tangible property
These examples are programmatically compiled from several online sources As an example present-day usage in the phrase 'property.' Any viewpoints expressed within the examples will not stand for These of Merriam-Webster or its editors. Ship us responses about these illustrations.
— marital property : property acquired by both husband or wife during the program of a relationship that may be subject to division upon divorce
see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the proprietor 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, plus a law enforcement officer may perhaps take possession of abandoned property as evidence with no violating the assurance versus unreasonable searches and seizures within the Fourth Amendment on the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy scenario and that's commonly thought of part of the bankruptcy estate : property acquired following the perfection of a lien or safety fascination In particular : such property acquired after the creation of a lien or safety curiosity that is certainly subject matter on the lien or will become collateral for the safety desire : property transferred into the estate of the decedent after execution from the will — typical property : property owned or used by more than one get together especially : property owned or leased by tenants in widespread
possession in indivision at possession Notice: The states acquiring Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry precisely, in the civil law of Louisiana : tracts of land with their component components — intangible property : property (as being a stock certificate or Expert license) that derives value not from its intrinsic physical nature but from what it represents — intellectual property
of not conducting warmth character relates to a peculiar and distinct high-quality of the matter or a category.
a : an outstanding or trait belonging and particularly peculiar to someone or matter b : an influence that an item has on One more object or within the senses c : virtue sense 2 d : an attribute typical to all members of a class
a : something owned or possessed specifically : a bit of real estate b : the exclusive ideal to have, delight in, and eliminate a matter : possession c : one thing to which someone or enterprise includes a legal title d : one (such as a performer) that's less than agreement and whose operate is particularly useful e : a reserve or script bought for publication or production
property implies a characteristic that belongs to the point's vital mother nature and may be employed to explain a type or species.
see also QTIP rely on at trust Be aware: Beneath federal tax legislation the property must be included in the gross estate on the surviving spouse at their have death, exactly where it really is subject check here matter to taxation.