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prevalent property community property mental property own property property harm property hurt insurance policy property right property tax community property

Look at tenancy in frequent at tenancy — Local community property : property held jointly by spouse and spouse especially : property Primarily from work acquired by possibly partner following relationship that is certainly deemed in states aquiring a community property program to belong to both spouses as undivided one particular-50 % passions

of the corporation : property belonging to a selected individual — capable terminable curiosity property : property passing to the surviving partner that qualifies for the marital deduction In case the executor so elects supplying which the partner is entitled to acquire revenue in payments made no less than each year for all times and that not a soul has a power to appoint any part of the property to anyone other than the surviving husband or wife

see also antenuptial agreement Observe: In most states, upon divorce marital property is split Based on just what the court decides is equitable. — movable property : property (as personal property or crops) which can be moved — particular property : property (as being a car or truck) that's movable although not including crops or other assets still connected to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, properties, crops, or other resources even now hooked up to or within the land or enhancements or fixtures forever hooked up towards the land or possibly a composition on Furthermore, it : an desire, advantage, correct, 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 especially : property acquired by a husband or wife before marriage or independently through relationship (as by reward or usually by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial price because of it the insurance policy coverage limited property destruction protection to tangible property

These examples are programmatically compiled from numerous on the internet sources For instance latest use with the term 'property.' Any opinions expressed within the examples do not signify Individuals of Merriam-Webster or its editors. Ship us responses about these illustrations.

— marital property : property obtained by possibly wife or husband during read more the program of a marriage which is matter to division upon divorce

see also asset, estate, curiosity feeling 1, possession feeling 1e — deserted property : property to which the proprietor has relinquished all legal rights Observe: When property is deserted, the operator presents up the reasonable expectation of privateness about it. The finder of deserted property is entitled to maintain it, and a police officer may well acquire possession of deserted property as proof devoid of violating the assurance from unreasonable queries and seizures while in the Fourth Modification to your U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy situation and that is typically deemed Portion of the personal bankruptcy estate : property acquired after the perfection of the lien or protection fascination Specially : these kinds of property acquired after the generation of the lien or protection curiosity that's subject into the lien or results in being collateral for the safety fascination : property transferred into the estate of the decedent soon after execution on the will — frequent property : property owned or utilized by more than one party precisely : property owned or leased by tenants in prevalent

possession in indivision at ownership Be aware: The states having Group property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry particularly, in the civil regulation of Louisiana : tracts of land with their element parts — intangible property : property (like a stock certificate or Skilled license) that derives value not from its intrinsic Actual physical mother nature but from what it represents — mental property

of not conducting heat character relates to a peculiar and exclusive high quality of the issue or a class.

a : a quality or trait belonging and especially peculiar to an individual or detail b : an influence that an object has on A different object or on the senses c : advantage feeling two d : an attribute prevalent to all associates of a class

a : a thing owned or possessed especially : a piece of real estate b : the special suitable to possess, love, and get rid of a factor : possession c : some thing to which anyone or organization features a lawful title d : a single (for instance a performer) that is under agreement and whose do the job is particularly valuable e : a ebook or script purchased for publication or generation

property implies a attribute that belongs to some detail's crucial mother nature and will be used to describe a sort or species.

see also QTIP have faith in at belief Be aware: Underneath federal tax law the property have to be included in the gross estate on the surviving wife or husband at their have Loss of life, where by it really is issue to taxation.