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widespread property Group property intellectual property particular property property damage property hurt insurance coverage property suitable property tax public property

Look at tenancy in typical at tenancy — Group property : property held jointly by spouse and spouse exclusively : property especially from employment obtained by possibly husband or wife right after relationship which is considered in states getting a community property process to belong to the two spouses as undivided a person-fifty percent pursuits

in the Company : property belonging to a selected particular person — qualified terminable fascination property : property passing to a surviving husband or wife that qualifies for your marital deduction If your executor so elects supplying which the partner is entitled to get revenue in payments built at the least annually for life Which no-one has an influence to appoint any A part of the property to anyone in addition to the surviving partner

see also antenuptial settlement Notice: For most states, upon divorce marital property is divided In line with what the courtroom decides is equitable. — movable property : property (as personal property or crops) which can be moved — own property : property (as being a car or truck) that's movable although not together with crops or other assets however attached to land : property aside from real property a tax on the private property

— real property : property consisting of land, buildings, crops, or other sources nonetheless connected to or throughout the land or improvements or fixtures forever hooked up for the land or simply a structure on In addition, it : an fascination, profit, suitable, or privilege in this kind of property

named also immovable property — individual property : property of the wife or husband that's not Group property or marital property Particularly : property acquired by a partner before marriage or separately during marriage (as by present or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price thanks to it the insurance coverage coverage limited property damage coverage to tangible property

These examples are programmatically compiled from several online sources As an instance present-day usage in the phrase 'property.' Any viewpoints expressed within the examples tend not to stand for those of Merriam-Webster or its editors. Deliver us opinions about these illustrations.

— marital property : property acquired by either partner in the course of the class of a marriage which is matter to division on divorce

see also asset, estate, desire sense 1, possession feeling 1e — abandoned property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the proprietor offers up the sensible expectation of privateness about it. The finder of deserted property is entitled to keep it, along with a police officer may possibly acquire possession of deserted property as proof without violating the assure in opposition to unreasonable queries and seizures from the Fourth Modification into the U.S. Constitution. — following-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy case and that's usually regarded as Portion of the personal bankruptcy estate : property obtained once the perfection of the lien or stability desire especially : this kind of property acquired after the development of a lien or safety fascination that is certainly subject matter to your lien or results in being collateral for the safety desire : property transferred to the estate of a decedent following execution from the will — typical property : property owned or utilized by more than one get together exclusively : property owned or leased by tenants in typical

ownership in indivision at ownership Be aware: The states getting Neighborhood property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry exclusively, while in the civil legislation of Louisiana : tracts of land with their part areas — intangible property : property (being a inventory certification or Specialist license) that derives worth not from its intrinsic Bodily character but from what it represents — intellectual property

of not conducting heat character applies to a peculiar and distinctive quality awards for contractors of a thing or a category.

a : an excellent or trait belonging and particularly peculiar to somebody or detail 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 : something owned or possessed specifically : a bit of real estate b : the special suitable to have, get pleasure from, and get rid of a point : ownership c : some thing to which a person or business has a lawful title d : a person (for instance a performer) that is beneath agreement and whose function is especially valuable e : a reserve or script ordered for publication or generation

property indicates a characteristic that belongs to a thing's critical mother nature and should be employed to describe a type or species.

see also QTIP trust at belief Observe: Beneath federal tax legislation the property should be included in the gross estate of your surviving husband or wife at their personal death, where by it's topic to taxation.

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