Little Known Facts About realtor.
Little Known Facts About realtor.
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common property Local community property intellectual property own property property injury property damage insurance property suitable property tax community property
compare tenancy in widespread at tenancy — community property : property held jointly by spouse and wife specially : property Particularly from work acquired by both partner after relationship that's considered in states possessing a community property process to belong to both of those spouses as undivided a single-half pursuits
from the Company : property belonging to a certain individual — capable terminable fascination property : property passing to a surviving husband or wife that qualifies for the marital deduction If your executor so elects supplying which the spouse is entitled to receive cash flow in payments built at least on a yearly basis for life and that no one has a power to appoint any Section of the property to any person other than the surviving husband or wife
see also antenuptial settlement Note: In most states, upon divorce marital property is split according to what the court establishes is equitable. — movable property : property (as personalized property or crops) which might be moved — own property : property (as being a car or truck) that's movable although not including crops or other assets still connected to land : property besides real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other means nonetheless hooked up to or within the land or improvements or fixtures completely hooked up for the land or perhaps a construction on Furthermore, it : an interest, advantage, suitable, or privilege in this kind of property
named also immovable property — different property : property of a partner that's not community property or marital property Particularly : property obtained by a wife or husband prior to relationship or separately throughout marriage (as by reward or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic benefit because of it the insurance policy plan limited property damage coverage to tangible property
These illustrations are programmatically compiled from many on-line sources As an instance present-day usage from the phrase 'property.' Any viewpoints expressed in the examples usually do not characterize 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 upon divorce
see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Observe: When property is deserted, the operator gives up the affordable expectation of privacy regarding it. The finder of deserted property is entitled to maintain it, in addition to a police officer may well choose possession of abandoned property as evidence with out violating the ensure in opposition to unreasonable lookups and seizures during the Fourth Modification on the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy case and that is generally deemed Portion of the personal bankruptcy estate : property obtained following the perfection of a lien or security fascination In particular : these types of property obtained once the development of a lien or stability fascination which is subject for the lien or turns into collateral for the security fascination : property transferred on the estate of the decedent immediately after execution with the will — frequent property : property owned or employed by multiple bash precisely : property owned or leased by tenants in common
ownership in indivision at ownership Note: The states having community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within 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 Expert license) that derives worth not from its intrinsic Bodily character but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and distinctive top quality of the point or a category.
a : an outstanding or trait belonging and particularly peculiar to someone or issue b : an result that an object has on Yet another object or around the senses get more info c : virtue sense 2 d : an attribute popular to all users of a category
a : a thing owned or possessed specially : a bit of real estate b : the distinctive proper to possess, appreciate, and dispose of a thing : possession c : a little something to which somebody or small business incorporates a authorized title d : a single (such as a performer) who is under deal and whose get the job done is particularly worthwhile e : a e-book or script obtained for publication or manufacturing
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 belief Note: Under federal tax regulation the property need to be A part of the gross estate in the surviving spouse at his / her individual Demise, in which it's subject to taxation.