popular property Neighborhood property mental property personalized property property harm property destruction insurance property appropriate property tax community property
compare tenancy in widespread at tenancy — community property : property held jointly by partner and wife particularly : property Specially from employment obtained by both spouse immediately after marriage which is considered in states possessing a Group property technique to belong to both spouses as undivided one-50 percent pursuits
from the Company : property belonging to a particular human being — competent terminable interest property : property passing to your surviving spouse that qualifies for that marital deduction In the event the executor so elects furnishing which the wife or husband is entitled to receive revenue in payments designed at least every year for all times and that no person has an influence to appoint any Portion of the property to anyone aside from the surviving spouse
see also antenuptial arrangement Note: In many states, on divorce marital property is divided As outlined by what the courtroom determines is equitable. — movable property : property (as personalized property or crops) which might be moved — private property : property (for a car) that may be movable but not which includes crops or other means nonetheless connected to land : property other than real property a tax on the private property
— real property : property consisting of land, properties, crops, or other sources continue to attached to or in the land or improvements or fixtures completely hooked up towards the land or maybe a composition on Additionally, it : an curiosity, reward, suitable, or privilege in these types of property
termed also immovable property — different property : property of the husband or wife that isn't Local community property or marital property In particular : property acquired by a husband or wife in advance of relationship or independently for the duration of marriage (as by present or frequently by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic value due to it the insurance policy coverage restricted property harm coverage to tangible property
These examples are programmatically compiled from several on the web sources to illustrate current use with the phrase 'property.' Any thoughts expressed in the examples never characterize People of Merriam-Webster or its editors. Ship us comments about these examples.
— marital property : property obtained by possibly wife or husband throughout the training course of a marriage that's subject to division on divorce
see also asset, estate, interest perception one, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Notice: When property is abandoned, the owner presents up the realistic expectation of privacy concerning it. The finder of deserted property is entitled to help keep it, and also a law enforcement officer may possibly just take possession of abandoned property as evidence without violating the guarantee versus unreasonable lookups and seizures from the Fourth Modification for the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy scenario and that is generally regarded as A part of the individual bankruptcy estate : property obtained following the perfection of the lien or stability fascination Specifically : this kind of property acquired once the development of a lien or security fascination which is topic to constructing excellence the lien or results in being collateral for the safety curiosity : property transferred towards the estate of the decedent immediately after execution with the will — prevalent property : property owned or utilized by more than one party precisely : property owned or leased by tenants in widespread
ownership in indivision at possession Notice: The states getting Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry particularly, during the civil legislation of Louisiana : tracts of land with their element pieces — intangible property : property (for a stock certification or Specialist license) that derives worth not from its intrinsic Actual physical character but from what it represents — mental property
of not conducting heat character relates to a peculiar and unique quality of a issue or a category.
a : an outstanding or trait belonging and particularly peculiar to a person or factor b : an influence that an object has on An additional item or within the senses c : advantage sense 2 d : an attribute popular to all associates of a category
a : some thing owned or possessed specially : a piece of real estate b : the unique suitable to possess, get pleasure from, and dispose of a point : possession c : some thing to which someone or business incorporates a lawful title d : 1 (for instance a performer) that's beneath contract and whose get the job done is especially worthwhile e : a book or script obtained for publication or output
property implies a attribute that belongs to some matter's critical mother nature and should be utilised to describe a type or species.
see also QTIP trust at belief Take note: Underneath federal tax legislation the property should be included in the gross estate of your surviving wife or husband at her or his very own death, where it is actually subject matter to taxation.