Little Known Facts About realtor.
Little Known Facts About realtor.
Blog Article
frequent property Local community property intellectual property own property property problems property harm coverage property proper property tax general public property
Examine tenancy in popular at tenancy — community property : property held jointly by partner and wife specially : property Particularly from work acquired by both wife or husband soon after marriage that may be deemed in states getting a Group property program to belong to both of those spouses as undivided one-50 percent pursuits
in the Company : property belonging to a particular man or woman — qualified terminable fascination property : property passing to a surviving spouse that qualifies for the marital deduction In case the executor so elects providing that the wife or husband is entitled to acquire cash flow in payments built at the least annually for life Which not a soul has an influence to appoint any Portion of the property to any person aside from the surviving wife or husband
see also antenuptial agreement Notice: For most states, upon divorce marital property is divided As outlined by just what the courtroom establishes is equitable. — movable property : property (as individual property or crops) which can be moved — individual property : property (for a vehicle) that is certainly movable although not including crops or other assets nonetheless connected to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, properties, crops, or other methods continue to hooked up to or within the land or enhancements or fixtures completely attached towards the land or even a framework on In addition it : an interest, advantage, proper, or privilege in these kinds of property
known as also immovable property — individual property : property of the spouse that isn't Group property or marital property Particularly : property acquired by a husband or wife just before relationship or individually all through relationship (as by present or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial price as a consequence of it the insurance coverage coverage limited property damage coverage to tangible property
These illustrations are programmatically compiled from many on-line resources As an instance recent use from the phrase 'property.' Any views expressed during the examples usually do not depict Those people of Merriam-Webster or its editors. Send us comments about these illustrations.
— marital property : property obtained by possibly spouse through the system of the relationship that is topic to division on divorce
see also asset, estate, fascination perception 1, possession sense 1e — abandoned property : property to which the owner has relinquished all legal rights Take note: When property is abandoned, the owner gives up the affordable expectation of privateness concerning it. The finder of deserted property is entitled to keep it, as well as a law enforcement officer may well choose possession of abandoned property as proof with no violating the assurance versus unreasonable queries and seizures during the Fourth Amendment towards the U.S. Constitution. — right after-obtained property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that is usually regarded as Portion of the personal bankruptcy estate : property obtained following the perfection of the lien or protection desire Primarily : such property acquired after the creation of a lien or safety curiosity which is matter on the lien or will become collateral for the safety fascination : property transferred into the estate of the decedent just after execution of the will — common property : property owned or used by more than one celebration particularly : property owned or leased by tenants in frequent
ownership in indivision at ownership Be aware: The states possessing Neighborhood property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry exclusively, while in the civil legislation of Louisiana : tracts of land with their part areas — intangible property : property (being a inventory certification or Specialist license) that derives price not from its intrinsic Bodily character but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and unique high quality of a factor or a class.
a : a quality or trait belonging and especially peculiar to somebody or detail b : an outcome that an item has on check here A different item or about the senses c : advantage feeling 2 d : an attribute typical to all members of a class
a : something owned or possessed specifically : a bit of real estate b : the special suitable to have, get pleasure from, and get rid of a point : ownership c : something to which a person or business contains a lawful title d : just one (like a performer) who's below contract and whose work is very precious 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 rely on Observe: Beneath federal tax law the property must be A part of the gross estate with the surviving husband or wife at their personal death, where by it can be matter to taxation.