common property Local community property intellectual property own property property hurt property harm insurance property suitable property tax public property
Review tenancy in common at tenancy — Group property : property held jointly by husband and spouse exclusively : property Particularly from work acquired by possibly spouse just after marriage that is considered in states having a Local community property system to belong to equally spouses as undivided 1-50 % interests
with the corporation : property belonging to a selected individual — capable terminable curiosity property : property passing to the surviving partner that qualifies with the marital deduction Should the executor so elects supplying which the spouse is entitled to get income in payments manufactured a minimum of per year for life and that not a soul has a power to appoint any Section of the property to anyone apart from the surviving wife or husband
see also antenuptial agreement Note: In the majority of states, upon divorce marital property is divided In accordance with exactly what the court decides is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (as a automobile) that's movable but not which include crops or other means nonetheless attached to land : property other than real property a tax on the private property
— real property : property consisting of land, properties, crops, or other sources nevertheless attached to or in the land or advancements or fixtures forever connected on the land or simply a composition on In addition, it : an desire, profit, correct, or privilege in these kinds of property
termed also immovable property — separate property : property of a husband or wife that's not Group property or marital property Particularly : property acquired by a husband or wife prior to marriage or individually for the duration of relationship (as by reward or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit because of it the insurance policies plan limited property damage coverage to tangible property
These examples are programmatically compiled from a variety of on the net resources to illustrate existing utilization on the term 'property.' Any viewpoints expressed in the examples do not signify Individuals of Merriam-Webster or its editors. Send out us responses about these check here illustrations.
— marital property : property acquired by either spouse during the program of a marriage which is subject matter to division on divorce
see also asset, estate, desire perception 1, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the owner presents up the realistic expectation of privateness about it. The finder of deserted property is entitled to maintain it, in addition to a law enforcement officer may take possession of abandoned property as evidence without violating the guarantee against unreasonable searches and seizures in the Fourth Amendment to the U.S. Constitution. — after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy scenario and that is normally regarded Section of the personal bankruptcy estate : property acquired after the perfection of the lien or stability fascination Primarily : these types of property obtained once the generation of a lien or safety curiosity that's subject to the lien or becomes collateral for the safety desire : property transferred on the estate of a decedent after execution of the will — popular property : property owned or employed by more than one get together especially : property owned or leased by tenants in typical
possession in indivision at possession Notice: The states possessing community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, while in the civil law of Louisiana : tracts of land with their component pieces — 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 — intellectual property
of not conducting warmth character relates to a peculiar and distinctive quality of the point or a class.
a : an excellent or trait belonging and particularly peculiar to an individual or detail b : an result that an object has on A further item or around the senses c : advantage feeling 2 d : an attribute prevalent to all associates of a category
a : anything owned or possessed especially : a bit of real estate b : the exclusive ideal to possess, enjoy, and get rid of a point : possession c : anything to which a person or small business incorporates a legal title d : one particular (such as a performer) that is below deal and whose operate is especially worthwhile e : a guide or script procured for publication or creation
property indicates a characteristic that belongs to the point's essential character and could be employed to explain a type or species.
see also QTIP belief at have confidence in Note: Beneath federal tax regulation the property has to be A part of the gross estate in the surviving wife or husband at their individual death, wherever it really is issue to taxation.