How real estate agent can Save You Time, Stress, and Money.
How real estate agent can Save You Time, Stress, and Money.
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typical property Group property intellectual property individual property property destruction property hurt insurance policy property right property tax community property
Evaluate tenancy in popular at tenancy — Neighborhood property : property held jointly by partner and spouse particularly : property Primarily from employment obtained by both spouse immediately after marriage that may be deemed in states having a Local community property system to belong to both equally spouses as undivided 1-50 % interests
with the corporation : property belonging to a selected individual — capable terminable curiosity property : property passing to the surviving wife or husband that qualifies for your marital deduction Should the executor so elects offering which the partner is entitled to acquire earnings in payments built at the very least on a yearly basis 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 settlement Notice: For most states, upon divorce marital property is split Based on exactly 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 but not together with crops or other sources however attached to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other methods still connected to or in the land or improvements or fixtures completely hooked up towards the land or possibly a composition on In addition, it : an fascination, benefit, ideal, or privilege in this kind of property
named also immovable property — separate property : property of a husband or wife that's not community property or marital property Specially : property obtained by a spouse ahead of relationship or individually for the duration of relationship (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value on account of it the insurance plan policy restricted property hurt protection to tangible property
These examples are programmatically compiled from different on the net resources to illustrate existing use get more info of your word 'property.' Any thoughts expressed while in the illustrations do not signify People of Merriam-Webster or its editors. Mail us feedback about these examples.
— marital property : property obtained by possibly wife or husband during the training course of the relationship that may be subject to division upon divorce
see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Observe: When property is abandoned, the operator presents up the affordable expectation of privacy regarding it. The finder of deserted property is entitled to maintain it, in addition to a police officer might just take possession of deserted property as proof without the need of 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 the commencement of the personal bankruptcy scenario and that's ordinarily considered A part of the bankruptcy estate : property acquired following the perfection of a lien or protection fascination In particular : these types of property obtained after the creation of a lien or security interest that's matter on the lien or will become collateral for the safety fascination : property transferred to your estate of the decedent just after execution of the will — common property : property owned or used by more than one celebration especially : property owned or leased by tenants in frequent
ownership in indivision at ownership Notice: The states possessing Local community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry specially, from the civil regulation of Louisiana : tracts of land with their element elements — intangible property : property (like a stock certificate 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 distinctive high quality of a thing or a class.
a : a quality or trait belonging and particularly peculiar to somebody or matter 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 : something owned or possessed specifically : a piece of real estate b : the special ideal to have, delight in, and get rid of a issue : possession c : one thing to which someone or enterprise features a legal title d : one (for instance a performer) that's underneath deal and whose operate is particularly useful e : a guide or script bought for publication or production
property implies a attribute that belongs to your issue's crucial nature and may be made use of to explain a kind or species.
see also QTIP have faith in at have confidence in Be aware: Under federal tax law the property needs to be A part of the gross estate on the surviving partner at his or her have Dying, the place it really is topic to taxation.