The Ultimate Guide To real estate agent
The Ultimate Guide To real estate agent
Blog Article
common property Neighborhood property intellectual property own property property hurt property hurt insurance plan property proper property tax public property
Assess tenancy in typical at tenancy — Group property : property held jointly by spouse and spouse specially : property Specifically from employment obtained by both spouse soon after marriage that may be deemed in states having a community property technique to belong to each spouses as undivided a person-fifty percent pursuits
on the Company : property belonging to a selected particular person — certified terminable curiosity property : property passing to the surviving partner that qualifies with the marital deduction In case the executor so elects providing the spouse is entitled to get income in payments manufactured a minimum of per year for life Which nobody has an influence to appoint any A part of the property to anyone other than the surviving husband or wife
see also antenuptial agreement Notice: In most states, upon divorce marital property is split Based on just what the court decides is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (as being a car or truck) that is movable although not together with crops or other assets however attached to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other means nonetheless hooked up to or within the land or enhancements or fixtures forever attached for the land or maybe a structure on In addition, it : an curiosity, gain, right, or privilege in this sort of property
identified as also immovable property — separate property : property of a husband or wife that is not Neighborhood property or marital property In particular : property obtained by a partner ahead of relationship or individually in the course of relationship (as by gift or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value as a result of it the insurance plan policy restricted property problems protection to tangible property
These examples are programmatically compiled from a variety of on line sources As an example latest usage from the phrase 'property.' Any viewpoints expressed in the examples tend not to stand for those of Merriam-Webster or its editors. Deliver us responses about these illustrations.
— marital property : property acquired by both husband or wife in the course of a marriage that is definitely issue to division upon divorce
see also asset, estate, curiosity feeling one, possession perception 1e — abandoned property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the proprietor offers up the fair expectation of privateness concerning it. The finder of deserted property is entitled to keep it, along with a law enforcement officer may get possession of deserted property as proof without the need of violating the guarantee towards unreasonable queries and seizures while in the Fourth Modification into the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that's usually regarded as Portion of the personal bankruptcy estate : property obtained following the perfection of the lien or stability desire especially : such property acquired after the development of a lien or safety fascination that is definitely matter on the lien or will become collateral for the safety desire : property transferred into the estate of the decedent after execution of the will — common property : property owned or used by more than one get together especially : property owned or leased by tenants in widespread
possession in indivision at possession Be aware: The states owning Group property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry particularly, within the civil regulation of Louisiana : tracts of land with their element areas — intangible property : property (being a inventory certificate or Experienced license) that derives price not from its intrinsic physical character but from what it signifies — intellectual property
of not conducting warmth character relates to a peculiar and exclusive good quality of a detail or a category.
a : a quality or trait belonging and especially peculiar to somebody or point b : an influence that an object has on One more object or about the senses c : advantage sense two d : an attribute common to all customers of a class
a : a thing owned or possessed specifically : a bit of real estate b : the exclusive suitable to possess, get pleasure from, and get rid of a detail : possession c : one thing to which a person or organization features a lawful title d : one particular (for instance a performer) that is less than contract and whose operate is especially useful e : a e book or script purchased for publication or creation
property indicates a characteristic that belongs into a detail's critical nature and should be made use of to describe a kind or species.
see also QTIP rely on at trust Be aware: Underneath federal tax regulation the property needs to be included in the gross estate from the surviving check here husband or wife at her or his individual Dying, where it really is subject matter to taxation.