TOP PROPERTY SECRETS

Top property Secrets

Top property Secrets

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popular property Neighborhood property intellectual property personal property property injury property problems insurance policy property suitable property tax general public property

compare tenancy in widespread at tenancy — community property : property held jointly by spouse and spouse especially : property Particularly from work obtained by both wife or husband just after marriage that may be deemed in states aquiring a Neighborhood property procedure to belong to the two spouses as undivided one particular-half passions

of the corporation : property belonging to a selected individual — capable terminable curiosity property : property passing to your surviving partner that qualifies with the marital deduction In the event the executor so elects furnishing the wife or husband is entitled to obtain profits in payments built at the least per year for life and that not one person has a power to appoint any Portion of the property to anyone apart from the surviving husband or wife

see also antenuptial settlement Note: In the majority of states, on divorce marital property is divided In accordance with just what the court determines is equitable. — movable property : property (as particular property or crops) that can be moved — private property : property (for a vehicle) which is movable although not including crops or other sources nevertheless connected to land : property other than real property a tax on the private property

— real property : property consisting of land, properties, crops, or other resources nonetheless attached to or inside the land or enhancements or fixtures forever attached towards the land or possibly a composition on it also : an curiosity, reward, suitable, or privilege in such property

referred to as also immovable property — individual property : property of the wife or husband that's not community property or marital property Specifically : property obtained by a wife or husband prior to marriage or individually in the course of relationship (as by reward or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic worth as a result of it the insurance policies plan limited property injury coverage to tangible property

These illustrations are programmatically compiled from several on line resources to illustrate current usage in the word 'property.' Any thoughts expressed while in the examples do not represent Those people of Merriam-Webster or its editors. Send out us comments about these examples.

— marital property : property acquired by either partner through the program of a marriage that is subject to division on divorce

see also asset, estate, fascination feeling 1, possession feeling 1e — abandoned property : property to which the owner has relinquished all rights Notice: When property is abandoned, the proprietor provides up the affordable expectation of privacy regarding it. The finder of abandoned property is entitled to help keep it, in addition to a police officer could just take possession of deserted property as proof without violating the assure towards unreasonable queries and seizures from the Fourth Modification into the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following read more the commencement of the individual bankruptcy circumstance and that is generally thought of Component of the personal bankruptcy estate : property acquired once the perfection of the lien or safety interest especially : this sort of property acquired following the development of the lien or stability desire that is subject to your lien or becomes collateral for the security interest : property transferred towards the estate of a decedent right after execution in the will — widespread property : property owned or utilized by multiple social gathering specially : property owned or leased by tenants in prevalent

possession in indivision at possession Take note: 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 law of Louisiana : tracts of land with their component components — intangible property : property (as being a stock certification or Specialist 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 detail or a category.

a : an excellent or trait belonging and particularly peculiar to somebody or detail b : an outcome that an item has on A different item or to the senses c : advantage 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 organization incorporates a authorized title d : 1 (such as a performer) who is less than deal and whose get the job done is particularly important e : a e book or script ordered for publication or generation

property implies a characteristic that belongs to a thing's critical mother nature and should be employed to describe a type or species.

see also QTIP trust at belief Observe: Beneath federal tax law the property should 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.

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