typical property Neighborhood property intellectual property individual property property destruction property injury insurance plan property suitable property tax community property
Examine tenancy in typical at tenancy — community property : property held jointly by partner and spouse exclusively : property Specifically from employment obtained by both partner following relationship that may be considered in states possessing a community property process to belong to equally spouses as undivided a single-half pursuits
in the corporation : property belonging to a certain man or woman — competent terminable interest property : property passing to your surviving husband or wife that qualifies for your marital deduction if the executor so elects furnishing the partner is entitled to acquire profits in payments created a minimum of per year for life and that not one person has a power to appoint any part of the property to anyone apart from the surviving spouse
see also antenuptial arrangement Note: In the majority of states, upon divorce marital property is split In line with what the courtroom establishes is equitable. — movable property : property (as private property or crops) that can be moved — particular property : property (as a motor vehicle) that's movable although not such as crops or other methods nonetheless connected to land : property other than real property a tax on the private property
— real property : property consisting of land, buildings, crops, or other assets still connected to or throughout the land or improvements or fixtures completely hooked up for the land or simply a construction on What's more, it : an interest, reward, right, or privilege in these kinds of property
called also immovable property — different property : property of a husband or wife that is not Neighborhood property or marital property In particular : property acquired by a husband or wife before marriage or separately throughout marriage (as by reward or often by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value on account of it the insurance coverage limited property destruction protection to tangible property
These examples are programmatically compiled from several online sources As an instance present-day usage on the term 'property.' Any viewpoints expressed in the examples never signify People of Merriam-Webster or its editors. Mail us feedback about these illustrations.
— marital property : property obtained by possibly spouse through the study course of the relationship that is definitely issue to division on divorce
see also asset, estate, desire sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the operator presents up the fair expectation of privateness concerning it. The finder of abandoned property is entitled to maintain it, in addition to a law enforcement officer may perhaps choose possession of deserted property as evidence with out violating the guarantee versus unreasonable lookups and seizures from the Fourth Modification into the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a individual bankruptcy scenario and that's normally regarded Portion of the personal bankruptcy estate : property acquired after the perfection of here a lien or stability interest Particularly : this kind of property acquired after the creation of the lien or stability fascination that is definitely matter for the lien or turns into collateral for the security interest : property transferred for the estate of a decedent after execution of your will — popular property : property owned or employed by more than one social gathering exclusively : property owned or leased by tenants in widespread
ownership in indivision at ownership Take note: The states acquiring Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry specifically, in the civil regulation of Louisiana : tracts of land with their part elements — intangible property : property (like a inventory certification or Specialist license) that derives worth not from its intrinsic physical mother nature but from what it represents — mental property
of not conducting warmth character applies to a peculiar and distinct excellent of a detail or a class.
a : a quality or trait belonging and particularly peculiar to a person or thing b : an outcome that an item has on A different item or to the senses c : advantage perception two d : an attribute prevalent to all customers of a category
a : a thing owned or possessed specially : a bit of real estate b : the exceptional suitable to have, delight in, and eliminate a matter : possession c : a thing to which somebody or small business provides a lawful title d : just one (for instance a performer) that is underneath deal and whose function is especially precious e : a guide or script procured for publication or creation
property indicates a characteristic that belongs to the issue's essential character and may be utilised to explain a kind or species.
see also QTIP trust at have faith in Take note: Beneath federal tax regulation the property should be A part of the gross estate from the surviving husband or wife at his or her possess death, in which it is actually topic to taxation.