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popular property Neighborhood property intellectual property particular property property injury property destruction coverage property proper property tax public property

Assess tenancy in typical at tenancy — Group property : property held jointly by husband and spouse especially : property especially from work acquired by both partner just after relationship that is certainly deemed in states using a Group property process to belong to both spouses as undivided one particular-50 % interests

with the corporation : property belonging to a selected human being — certified terminable interest property : property passing to your surviving partner that qualifies with the marital deduction if the executor so elects offering the wife or husband is entitled to obtain profits in payments created at the least annually for life and that not one person has a power to appoint any Component of the property to any person aside from the surviving husband or wife

see also antenuptial arrangement Observe: In most states, upon divorce marital property is split In accordance with just what the courtroom establishes is equitable. — movable property : property (as personal property or crops) that can be moved — particular property : property (as a car) which is movable although not such as crops or other methods still hooked up to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, buildings, crops, or other methods nonetheless connected to or throughout the land or improvements or fixtures permanently hooked up to the land or maybe a composition on In addition, it : an fascination, benefit, proper, or privilege in these types of property

known as also immovable property — individual property : property of the husband or wife that isn't Local community property or marital property Specifically : property acquired by a partner prior to marriage or individually in the course of relationship (as by gift or usually by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial benefit because of it the insurance plan coverage restricted property hurt coverage to tangible property

These examples are programmatically compiled from numerous on-line sources to illustrate present-day use of your term 'property.' Any views expressed during the illustrations tend not to depict those of Merriam-Webster or its editors. Mail us responses about these illustrations.

— marital property : property acquired by either wife or husband over the study course of the relationship that may be subject matter to division on divorce

see also asset, estate, curiosity sense 1, possession perception 1e — abandoned property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the owner provides up the realistic 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 the need of violating the warranty towards unreasonable searches and seizures inside the Fourth Amendment for the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires following the commencement of the personal bankruptcy scenario and that's commonly viewed as Component of the personal bankruptcy estate : property acquired after the perfection of a lien or security interest especially : such property obtained once the generation of the lien or stability fascination that is definitely subject matter to your lien or gets collateral for the safety curiosity : property transferred for the estate of a decedent after execution of the will — popular property : property owned or employed by multiple social gathering especially : property owned or leased by tenants in frequent

ownership in indivision at ownership Take note: The states acquiring Local community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry especially, within the civil law of Louisiana : tracts of land with their ingredient components check here — intangible property : property (as a inventory certification or Skilled license) that derives value not from its intrinsic Actual physical character but from what it represents — mental property

of not conducting warmth character applies to a peculiar and distinctive quality of the issue 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 An additional item or about the senses c : virtue perception 2 d : an attribute typical to all users of a category

a : some thing owned or possessed exclusively : a piece of real estate b : the special appropriate to possess, delight in, and get rid of a thing : possession c : some thing to which anyone or organization has a authorized title d : one (like a performer) who is underneath contract and whose get the job done is especially important e : a e book or script bought for publication or output

property indicates a attribute that belongs into a thing's vital character and may be applied to describe a kind or species.

see also QTIP believe in at rely on Be aware: Underneath federal tax law the property have to be included in the gross estate in the surviving wife or husband at their have Loss of life, wherever it's subject matter to taxation.

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