referred to as also immovable property — different property : property of a wife or husband that isn't community property or marital property In particular : property acquired by a wife or husband just before marriage or independently during relationship (as by gift or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic financial worth as a consequence of it the insurance policy plan restricted property destruction coverage to tangible property
see also asset, estate, desire feeling one, possession feeling 1e — deserted property : property to which the proprietor has relinquished all legal rights Be aware: When property is deserted, the owner presents up the sensible expectation of privateness regarding it. The finder of deserted property is entitled to keep it, and also a police officer may possibly take possession of deserted property as proof without having violating the warranty towards unreasonable lookups and seizures within the Fourth Modification to the U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires once the commencement of a personal bankruptcy case and that is ordinarily regarded as Component of the bankruptcy estate : property obtained once the perfection of a lien or protection interest Specifically : these types of property acquired following the creation of a lien or protection interest which is subject matter towards the lien or gets collateral for the safety interest : property transferred on the estate of the decedent right after execution with the will — typical property : property owned or utilized by multiple get together specially : property owned or leased by tenants in common
of not conducting heat character relates to a peculiar and distinctive good quality of the thing or a class.
a : an excellent or trait belonging and especially peculiar to a person or matter b : an effect that an object has on A different object or within the senses c : advantage sense 2 d : an attribute widespread to all users of a class
— marital property : property acquired by possibly spouse throughout the study course of the marriage which is subject matter to division upon divorce
a : one thing owned awards for contractor or possessed exclusively : a bit of real estate b : the exclusive proper to have, love, and dispose of a point : possession c : a little something to which an individual or enterprise incorporates a lawful title d : one (such as a performer) that is underneath deal and whose function is particularly worthwhile e : a reserve or script purchased for publication or manufacturing
widespread property Group property mental property personal property property injury property hurt coverage property right property tax public property
ownership in indivision at possession Observe: The states owning community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry specially, during the civil regulation of Louisiana : tracts of land with their component components — intangible property : property (like a inventory certification or Experienced license) that derives benefit not from its intrinsic physical nature but from what it represents — intellectual property
These illustrations are programmatically compiled from several on the net resources For example current usage from the phrase 'property.' Any thoughts expressed while in the illustrations will not stand for those of Merriam-Webster or its editors. Send us suggestions about these examples.
see also QTIP have confidence in at have confidence in Notice: Underneath federal tax regulation the property need to be A part of the gross estate on the surviving wife or husband at his / her own death, where it's topic to taxation.
in the corporation : property belonging to a specific particular person — experienced terminable fascination property : property passing to your surviving husband or wife that qualifies for that marital deduction If your executor so elects furnishing which the wife or husband is entitled to acquire money in payments built not less than on a yearly basis for all times Which not a soul has an influence to appoint any Element of the property to anyone in addition to the surviving wife or husband
property indicates a attribute that belongs to your issue's vital character and should be employed to describe a kind or species.
Examine tenancy in typical at tenancy — Neighborhood property : property held jointly by husband and wife precisely : property Primarily from work obtained by both husband or wife right after marriage that's deemed in states having a Group property procedure to belong to both equally spouses as undivided just one-50 percent passions
see also antenuptial arrangement Be aware: In most states, upon divorce marital property is split As outlined by exactly what the courtroom decides is equitable. — movable property : property (as individual property or crops) that can be moved — personal property : property (to be a car or truck) that is definitely movable although not which includes crops or other resources continue to hooked up to land : property aside from real property a tax on the private property
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