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Look at tenancy in widespread at tenancy — community property : property held jointly by spouse and wife precisely : property Specially from work acquired by possibly partner immediately after relationship that is certainly considered in states getting a community property process to belong to each spouses as undivided just one-fifty percent pursuits
in the Company : property belonging to a specific particular person — qualified terminable fascination property : property passing to a surviving husband or wife that qualifies for the marital deduction Should the executor so elects offering which the partner is entitled to get income in payments created at least every year for all times and that not one person has a power to appoint any Section of the property to anyone apart from the surviving husband or wife
see also antenuptial agreement Notice: For most states, upon divorce marital property is split according to exactly what the court docket determines is equitable. — movable property : property (as own property or crops) that may be moved — own property : property (like a car or truck) that's movable but not which include crops or other resources even now hooked up to land : property other than real property a tax on the private property
— real property : property consisting of land, properties, crops, or other sources even now hooked up to or throughout the land or improvements or fixtures completely connected into the land or perhaps a framework on it also : an desire, advantage, appropriate, or privilege in these types of property
known as also immovable property — independent property : property of the wife or husband that is not community property or marital property especially : property acquired by a husband or wife in advance of marriage or individually in the course of relationship (as by reward or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic worth on account of it the coverage plan limited property destruction protection to tangible property
These examples are programmatically compiled from numerous on-line sources For instance present usage of the word 'property.' Any thoughts expressed inside the examples tend not to depict All those of Merriam-Webster or its editors. Send out us responses about these examples.
— marital property : property obtained by possibly wife or husband throughout the course of the relationship that may be issue to division on divorce
see also asset, estate, fascination feeling 1, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Note: When property is abandoned, the operator presents up the fair expectation of privateness about it. The finder of deserted property is entitled to help keep it, and also a law enforcement officer may well consider possession of abandoned property as evidence without violating the guarantee versus unreasonable searches and seizures from the Fourth Modification on the U.S. Constitution. — following-obtained property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy circumstance and that's commonly regarded Section of the personal bankruptcy estate : property acquired after the perfection of the lien or stability fascination Specially : this sort of property obtained after the creation of the lien or safety interest that may be subject matter on the lien or turns into collateral for the security desire : property transferred on the estate of the decedent immediately after execution on the will — frequent property : property owned or used by more than one occasion exclusively : property owned or leased by tenants in frequent
ownership in indivision at possession Take note: The states acquiring Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry particularly, during the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (being a inventory certificate or professional license) that derives benefit not from its intrinsic Bodily mother nature but from what it signifies — mental property
of not conducting warmth character applies to a peculiar and distinctive excellent of a detail or a class.
a : a quality or trait belonging and particularly peculiar to a person or detail b : an influence that an object has on An additional object or over the senses c : virtue perception two d : an attribute common to all customers of a category
a : some thing owned or possessed precisely : a piece of real here estate b : the special appropriate to possess, delight in, and dispose of a thing : ownership c : a little something to which somebody or business provides a legal title d : just one (for instance a performer) that's beneath deal and whose perform is very useful e : a reserve or script bought for publication or manufacturing
property indicates a characteristic that belongs to your factor's necessary nature and will be employed to describe a sort or species.
see also QTIP have confidence in at belief Be aware: Underneath federal tax law the property have to be included in the gross estate from the surviving spouse at his / her individual Demise, the place it really is topic to taxation.