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Assess tenancy in frequent at tenancy — community property : property held jointly by partner and spouse especially : property Particularly from work acquired by possibly husband or wife soon after marriage that is considered in states possessing a Group property technique to belong to both spouses as undivided one particular-50 % interests
on the Company : property belonging to a certain man or woman — capable terminable desire property : property passing to a surviving partner that qualifies with the marital deduction if the executor so elects offering which the partner is entitled to acquire cash flow in payments made no less than each year for all times and that not a soul has a power to appoint any Element of the property to any person other than the surviving husband or wife
see also antenuptial agreement Observe: In most states, on divorce marital property is divided In line with what the courtroom establishes is equitable. — movable property : property (as individual property or crops) which can be moved — personal property : property (for a auto) that's movable but not like crops or other means nevertheless hooked up to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other methods still connected to or throughout the land or enhancements or fixtures forever attached on the land or a construction on Furthermore, it : an desire, advantage, ideal, or privilege in this kind of property
identified as also immovable property — separate property : property of a husband or wife that's not Neighborhood property or marital property Specifically : property obtained by a spouse ahead of relationship or independently through marriage (as by gift or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value due to it the insurance coverage policy restricted property injury coverage to tangible property
These illustrations are programmatically compiled from various on the web sources to illustrate current use of your term 'property.' Any viewpoints expressed during the illustrations do not stand for These of Merriam-Webster or its editors. Deliver us comments about these illustrations.
— marital property : property obtained by possibly wife or husband throughout the training course of the relationship that may be subject to division upon divorce
see also asset, estate, curiosity feeling one, 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 reasonable expectation of privacy concerning it. The finder of abandoned property is entitled to keep it, as well as a police officer could just take possession of deserted property as proof devoid of violating the warranty against unreasonable searches and seizures within the Fourth Amendment towards the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy situation and that is generally regarded as part of the bankruptcy estate : property obtained following the perfection of the lien or protection fascination In particular : these property obtained following the development of a lien or security interest that's topic towards the lien or turns into collateral for the security interest : property transferred into the estate of the decedent immediately after execution on the will — frequent property : property owned or used by multiple celebration specifically : property owned or leased by tenants in widespread
ownership in indivision at possession Notice: The states getting Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry especially, in the civil regulation of Louisiana : tracts of land with their part components — intangible property : property (as a inventory certificate or Specialist license) that derives benefit not from its intrinsic Bodily character but from what it represents — intellectual property
of not conducting warmth character applies to a peculiar and distinctive top quality of website the point or a category.
a : an excellent or trait belonging and particularly peculiar to somebody or matter b : an influence that an item has on A different item or about the senses c : virtue feeling 2 d : an attribute typical to all members of a class
a : something owned or possessed precisely : a bit of real estate b : the exceptional suitable to have, get pleasure from, and get rid of a point : ownership c : some thing to which a person or business contains a lawful title d : just one (like a performer) that is below contract and whose work is very important e : a e book or script acquired for publication or creation
property implies a characteristic that belongs to a detail's necessary character and will be utilized to describe a sort or species.
see also QTIP rely on at have faith in Be aware: Below federal tax law the property needs to be A part of the gross estate on the surviving partner at his or her personal Demise, where it is issue to taxation.