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typical property Group property intellectual property private property property damage property problems coverage property correct property tax public property

Assess tenancy in typical at tenancy — Group property : property held jointly by spouse and wife specially : property Particularly from work acquired by possibly partner immediately after marriage that is definitely considered in states aquiring a Neighborhood property system to belong to each spouses as undivided one particular-half pursuits

from the Company : property belonging to a specific human being — competent terminable interest property : property passing into a surviving spouse that qualifies to the marital deduction if the executor so elects delivering that the husband or wife is entitled to acquire cash flow in payments made no less than annually for life Which nobody has an influence to appoint any Portion of the property to any person besides the surviving spouse

see also antenuptial arrangement Take note: In most states, upon divorce marital property is split Based on exactly what the court docket establishes is equitable. — movable property : property (as private property or crops) which might be moved — private property : property (to be a car) that is definitely movable although not together with crops or other sources even now hooked up to land : property apart from real property a tax on the private property

— real property : property consisting of land, properties, crops, or other methods nonetheless hooked up to or within the land or improvements or fixtures completely connected to your land or a structure on In addition it : an desire, benefit, proper, or privilege in these kinds of property

known as also immovable property — individual property : property of the partner that isn't Group property or marital property Particularly : property obtained by a wife or husband in advance of relationship or separately all through relationship (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth thanks to it the insurance coverage coverage limited property damage coverage to tangible property

These illustrations are programmatically compiled from many on-line sources As an instance current utilization on the phrase 'property.' Any views expressed within the examples don't signify Individuals of Merriam-Webster or its editors. Ship us feed-back about these illustrations.

— marital property : property obtained by possibly husband or wife over the training course of the relationship that is topic to division upon divorce

see also asset, estate, fascination perception 1, possession sense 1e — abandoned property : get more info property to which the operator has relinquished all legal rights Note: When property is deserted, the proprietor gives up the reasonable expectation of privateness about it. The finder of deserted property is entitled to help keep it, along with a police officer may take possession of deserted property as proof without the need of violating the assure in opposition to unreasonable queries and seizures from the Fourth Modification towards the U.S. Constitution. — right after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy case and that is typically regarded Component of the individual bankruptcy estate : property obtained once the perfection of a lien or security curiosity Specifically : these kinds of property obtained following the generation of a lien or security desire that is certainly matter to the lien or results in being collateral for the security interest : property transferred towards the estate of a decedent following execution in the will — widespread property : property owned or utilized by multiple social gathering specially : property owned or leased by tenants in prevalent

ownership in indivision at ownership Notice: The states obtaining Local community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry precisely, during the civil regulation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (as a stock certification or Experienced license) that derives benefit not from its intrinsic Actual physical mother nature but from what it signifies — mental property

of not conducting warmth character relates to a peculiar and distinct high-quality of the matter or a category.

a : an outstanding or trait belonging and particularly peculiar to someone or matter b : an influence that an item has on One more item or about the senses c : virtue feeling 2 d : an attribute frequent to all associates of a class

a : some thing owned or possessed particularly : a piece of real estate b : the exclusive right to possess, enjoy, and eliminate a detail : possession c : a thing to which somebody or small business features a lawful title d : a single (for instance a performer) who's beneath contract and whose perform is very useful e : a reserve or script procured for publication or output

property indicates a attribute that belongs to your issue's vital character and could be applied to explain a kind or species.

see also QTIP belief at have confidence in Take note: Below federal tax regulation the property should be A part of the gross estate of the surviving husband or wife at his / her very own Dying, where it truly is subject to taxation.

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