typical property Local community property intellectual property own property property problems property harm insurance coverage property ideal property tax community property
Evaluate tenancy in popular at tenancy — community property : property held jointly by husband and spouse specifically : property Primarily from employment obtained by both spouse immediately after relationship that is certainly deemed in states using a Group property method to belong to both spouses as undivided one particular-50 % passions
of the Company : property belonging to a particular particular person — qualified terminable curiosity property : property passing to the surviving partner that qualifies to the marital deduction if the executor so elects giving that the spouse is entitled to get income in payments manufactured no less than yearly for life and that nobody has an influence to appoint any A part of the property to any person apart from the surviving spouse
see also antenuptial agreement Notice: For most states, upon divorce marital property is split In keeping with what the court establishes is equitable. — movable property : property (as individual property or crops) that could be moved — individual property : property (for a car) that's movable although not including crops or other sources nevertheless hooked up to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other assets however hooked up to or inside the land or improvements or fixtures permanently connected into the land or a framework on Additionally, it : an fascination, advantage, appropriate, or privilege in these types of property
called also immovable property — different property : property of a wife or husband that is not Neighborhood property or marital property Specially : property obtained by a wife or husband prior to marriage or separately during marriage (as by gift or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit because of it the insurance coverage coverage limited property harm protection to tangible property
These illustrations are programmatically compiled from numerous on the internet resources read more to illustrate present-day usage with the word 'property.' Any opinions expressed in the examples don't signify Individuals of Merriam-Webster or its editors. Ship us feedback about these examples.
— marital property : property obtained by either husband or wife in the course 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 owner has relinquished all legal rights Take note: When property is abandoned, the owner presents up the fair expectation of privateness about it. The finder of deserted property is entitled to help keep it, and also a law enforcement officer might get possession of abandoned property as evidence with out violating the assure towards unreasonable lookups and seizures while in the Fourth Modification on the U.S. Constitution. — right after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy scenario and that's usually thought of Element of the individual bankruptcy estate : property obtained following the perfection of a lien or safety curiosity In particular : these types of property obtained after the creation of a lien or safety desire that may be subject matter on the lien or gets collateral for the security curiosity : property transferred on the estate of the decedent immediately after execution of your will — widespread property : property owned or used by multiple occasion exclusively : property owned or leased by tenants in frequent
possession in indivision at possession Take note: The states owning community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry especially, inside the civil legislation of Louisiana : tracts of land with their element elements — intangible property : property (like a stock certificate or Skilled license) that derives worth not from its intrinsic Actual physical nature but from what it signifies — mental property
of not conducting heat character relates to a peculiar and unique top quality of a point or a class.
a : a top quality or trait belonging and especially peculiar to someone or detail b : an influence that an object has on another item or around the senses c : advantage perception two d : an attribute prevalent to all users of a category
a : a thing owned or possessed exclusively : a bit of real estate b : the distinctive proper to have, appreciate, and eliminate a factor : possession c : some thing to which someone or organization incorporates a authorized title d : a single (like a performer) that's below deal and whose function is particularly valuable e : a ebook or script purchased for publication or creation
property indicates a characteristic that belongs to your thing's important nature and could be applied to explain a kind or species.
see also QTIP have confidence in at believe in Note: Less than federal tax regulation the property have to be included in the gross estate from the surviving husband or wife at her or his very own death, exactly where it is issue to taxation.