Not known Details About realtor
Not known Details About realtor
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common property Local community property intellectual property own property property problems property injury insurance coverage property ideal property tax community property
compare tenancy in prevalent at tenancy — Neighborhood property : property held jointly by partner and wife particularly : property especially from work acquired by both spouse just after marriage that is considered in states having a Local community property method to belong to both equally spouses as undivided 1-50 percent interests
on the corporation : property belonging to a particular man or woman — experienced terminable interest property : property passing into a surviving wife or husband that qualifies for your marital deduction When the executor so elects giving that the partner is entitled to get income in payments manufactured at least annually for all times Which no one has an influence to appoint any part of the property to any person in addition to the surviving partner
see also antenuptial settlement Notice: For most states, upon divorce marital property is divided In keeping with just what the court establishes is equitable. — movable property : property (as personalized property or crops) that can be moved — private property : property (to be a vehicle) that may be movable but not which include crops or other means nonetheless connected to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, properties, crops, or other resources nevertheless attached to or in the land or advancements or fixtures permanently connected to your land or a construction on In addition it : an interest, reward, suitable, or privilege in such property
referred to as also immovable property — independent property : property of the spouse that isn't Group property or marital property especially : property acquired by a husband or wife before marriage or independently all through marriage (as by present or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price thanks to it the insurance coverage coverage limited property injury coverage to tangible property
These illustrations are programmatically compiled from several on line resources to illustrate existing utilization of the word 'property.' Any views expressed during the illustrations never represent These of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property obtained by both husband or wife in the class of the relationship that may be subject to division on divorce
see also asset, estate, interest feeling one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all rights Observe: When property is deserted, the owner gives up the sensible expectation of privacy concerning it. The finder of abandoned property is entitled to maintain it, and a police officer may take possession of deserted property as proof without the need of violating the warranty from unreasonable queries and seizures while in the Fourth Modification for the U.S. Constitution. — after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy scenario and that is generally deemed Section of the individual bankruptcy estate : property acquired once the perfection of the lien or get more info security interest Specifically : this sort of property obtained following the development of the lien or protection fascination that may be issue to the lien or becomes collateral for the security interest : property transferred towards the estate of a decedent right after execution on 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 Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, inside the civil law of Louisiana : tracts of land with their ingredient elements — intangible property : property (as a stock certificate or Qualified license) that derives value not from its intrinsic physical nature but from what it represents — intellectual property
of not conducting warmth character relates to a peculiar and distinct high-quality of a matter or a class.
a : an excellent or trait belonging and particularly peculiar to an individual or matter b : an effect that an item has on A further object or over the senses c : virtue sense 2 d : an attribute common to all customers of a class
a : a little something owned or possessed exclusively : a piece of real estate b : the exceptional correct to have, get pleasure from, and get rid of a point : ownership c : some thing to which an individual or company has a legal title d : a person (such as a performer) that is under agreement and whose work is particularly important e : a e-book or script ordered for publication or manufacturing
property indicates a characteristic that belongs to your issue's important character and may be utilised to explain a type or species.
see also QTIP rely on at believe in Observe: Under federal tax legislation the property needs to be included in the gross estate on the surviving wife or husband at their individual death, in which it is actually topic to taxation.