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popular property Group property mental property individual property property damage property damage insurance policy property proper property tax community property

Evaluate tenancy in common at tenancy — Group property : property held jointly by partner and wife especially : property especially from work obtained by either spouse right after marriage that is considered in states possessing a community property technique to belong to each spouses as undivided one-50 % passions

from the Company : property belonging to a specific person — capable terminable fascination property : property passing to a surviving husband or wife that qualifies for your marital deduction if the executor so elects giving that the husband or wife is entitled to obtain cash flow in payments produced at least each year for all times and that no one has a power to appoint any part of the property to anyone apart from the surviving wife or husband

see also antenuptial arrangement Take note: In most states, upon divorce marital property is split according to exactly what the courtroom establishes is equitable. — movable property : property (as personal property or crops) which can be moved — individual property : property (for a automobile) that may be movable but not which include crops or other sources however attached to land : property besides real property a tax on the personal property

— real property : property consisting of land, properties, crops, or other means even now hooked up to or inside the land or advancements or fixtures permanently attached for the land or maybe a composition on In addition, it : an fascination, profit, correct, or privilege in these kinds of property

termed also immovable property — separate property : property of a partner that isn't Neighborhood property or marital property In particular : property acquired by a partner right before marriage or independently through marriage (as by gift or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial benefit because of it the coverage plan limited property damage coverage to tangible property

These examples are programmatically compiled from several on line resources For example current use from the word 'property.' Any thoughts expressed within the examples usually do not depict All those of Merriam-Webster or its editors. Send out us feed-back about these illustrations.

— marital property : property obtained by possibly spouse during the course of a marriage which is topic to division upon divorce

see also asset, estate, curiosity feeling 1, possession sense 1e — deserted property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the proprietor provides up the sensible expectation of privacy regarding it. The finder of abandoned property is entitled to keep it, and a police officer might get possession of abandoned property as evidence with out violating the assure towards unreasonable searches and seizures from the Fourth Amendment into the U.S. Constitution. — after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a individual bankruptcy scenario and that is generally regarded as Component of the bankruptcy estate : property acquired after the perfection of the lien or protection fascination Specially : these kinds of property obtained following the development of a lien or security desire that may be subject matter on the lien or gets to be collateral for the safety curiosity : property transferred towards the estate of the decedent just after execution on the will — frequent property : property owned or used by multiple occasion especially : property owned or leased by tenants in typical

possession in indivision at possession Be aware: The states having Local community property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry specifically, from the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (for a stock certificate or Experienced 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 unique quality of the matter or a class.

a : an excellent or trait belonging and especially peculiar to an individual or point b : an outcome that an object has on A further object or on the senses c : advantage sense two d : an attribute frequent to all members of a category

a : anything owned or possessed particularly : a bit of real estate b : the distinctive correct to have, get pleasure from, and dispose of a matter : ownership c : something to which somebody or company provides a legal title d : a single (for instance a performer) who is underneath contract and whose get the check here job done is particularly important e : a ebook or script bought for publication or output

property implies a attribute that belongs to a point's necessary nature and should be made use of to describe a kind or species.

see also QTIP trust at have confidence in Observe: Beneath federal tax legislation the property should be included in the gross estate of your surviving wife or husband at her or his very own Loss of life, exactly where it is issue to taxation.

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