Not known Details About realtor

popular property community property mental property private property property damage property problems insurance policies property proper property tax general public property

Assess tenancy in common at tenancy — Local community property : property held jointly by husband and spouse especially : property Primarily from employment obtained by both wife or husband soon after marriage that is definitely deemed in states using a community property process to belong to the two spouses as undivided a person-fifty percent pursuits

of the Company : property belonging to a particular particular person — capable terminable interest property : property passing to your surviving spouse that qualifies to the marital deduction If your executor so elects supplying the wife or husband is entitled to receive cash flow in payments made at the least annually for life 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 Be aware: In many states, on divorce marital property is divided As outlined by what the court docket decides is equitable. — movable property : property (as particular property or crops) that could be moved — personalized property : property (to be a car) that is definitely movable although not like crops or other means nonetheless connected to land : property other than real property a tax on the personal property

— real property : property consisting of land, structures, crops, or other methods continue to attached to or inside the land or advancements or fixtures permanently attached on the land or maybe a structure on Furthermore, it : an interest, advantage, suitable, or privilege in such property

named also immovable property — individual property : property of the spouse that isn't Group property or marital property especially : property acquired by a partner ahead of relationship or independently for the duration of relationship (as by reward or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value because of it the insurance coverage policy restricted property problems protection to tangible property

These illustrations are programmatically compiled from a variety of on the web sources As an example latest utilization on the term 'property.' Any opinions expressed inside the illustrations never signify Individuals of Merriam-Webster or its editors. Send out us opinions about these illustrations.

— marital property : property acquired by either partner over the class of a marriage that is certainly issue to division upon divorce

see also asset, estate, interest feeling one, possession perception 1e — deserted property : property to which the operator has relinquished all rights Be aware: When property is abandoned, the proprietor offers up the fair expectation of privacy regarding it. The finder of deserted property is entitled to help keep it, in addition to a law enforcement officer might get possession of abandoned property as proof without the need of violating the guarantee towards unreasonable queries and seizures while in the Fourth Modification into the U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires following the commencement of a 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 website In particular : these types of property acquired after the creation of a lien or safety curiosity which is matter on the lien or gets to be collateral for the security curiosity : property transferred for the estate of the decedent soon after execution with the will — prevalent property : property owned or employed by multiple bash precisely : property owned or leased by tenants in common

possession in indivision at ownership Notice: The states possessing community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry specially, inside the civil law of Louisiana : tracts of land with their part parts — intangible property : property (as a stock certificate or professional license) that derives value not from its intrinsic physical mother nature but from what it signifies — mental property

of not conducting warmth character relates to a peculiar and distinct excellent of the matter or a category.

a : an outstanding or trait belonging and particularly peculiar to someone or matter b : an influence that an item has on One more object or within the senses c : virtue sense 2 d : an attribute typical to all members of a category

a : a little something owned or possessed precisely : a bit of real estate b : the exceptional suitable to have, get pleasure from, and get rid of a point : ownership c : some thing to which a person or business has a lawful title d : a person (for instance a performer) that is beneath deal and whose do the job is very precious e : a ebook or script obtained for publication or manufacturing

property implies a characteristic that belongs to the matter's vital character and will be utilized to describe a sort or species.

see also QTIP belief at rely on Notice: Beneath federal tax law the property must be A part of the gross estate with the surviving husband or wife at her or his very own death, where by it can be subject matter to taxation.