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Examine tenancy in common at tenancy — community property : property held jointly by partner and spouse specially : property Specially from work acquired by either husband or wife following relationship that may be deemed in states aquiring a Local community property method to belong to both equally spouses as undivided a single-fifty percent interests
of your corporation : property belonging to a specific human being — competent terminable desire property : property passing into a surviving spouse that qualifies for that marital deduction if the executor so elects giving that the husband or wife is entitled to receive profits in payments produced no less than yearly for all times and that no-one has an influence to appoint any A part of the property to anyone other than the surviving partner
see also antenuptial settlement Be aware: In the majority of states, upon divorce marital property is split according to exactly what the court docket determines is equitable. — movable property : property (as personalized property or crops) which might be moved — private property : property (to be a car) that is certainly movable although not such as crops or other methods still connected to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, buildings, crops, or other methods still attached to or within the land or improvements or fixtures permanently connected on the land or maybe a composition on Additionally, it : an interest, gain, right, or privilege in these kinds of property
termed also immovable property — independent property : property of the husband or wife that's not community property or marital property Particularly : property obtained by a husband or wife before marriage or individually during marriage (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value as a result of it the insurance plan plan restricted property harm coverage to tangible property
These examples are programmatically compiled from a variety of on the net resources to illustrate present utilization with the term 'property.' Any viewpoints expressed during the examples do not represent Individuals of Merriam-Webster or its editors. Mail us opinions about these illustrations.
— marital property : property obtained by both husband or wife during the system website of a marriage that's subject to division on divorce
see also asset, estate, curiosity feeling 1, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Take note: When property is deserted, the operator presents up the reasonable expectation of privacy regarding it. The finder of abandoned property is entitled to help keep it, plus a police officer may possibly acquire possession of deserted property as proof without the need of violating the guarantee against unreasonable searches and seizures inside the Fourth Modification on the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy scenario and that's ordinarily thought of Element of the individual bankruptcy estate : property obtained once the perfection of the lien or stability desire Primarily : such property acquired after the generation of the lien or protection fascination that is certainly subject matter to your lien or will become collateral for the security curiosity : property transferred towards the estate of a decedent following execution from the will — typical property : property owned or used by multiple occasion specially : property owned or leased by tenants in widespread
ownership in indivision at ownership Note: The states owning Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry especially, inside the civil law of Louisiana : tracts of land with their ingredient sections — intangible property : property (for a inventory certificate or professional license) that derives benefit not from its intrinsic Bodily character but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and distinct high quality of a thing or a category.
a : a high quality or trait belonging and particularly peculiar to a person or thing b : an influence that an object has on One more object or to the senses c : virtue feeling 2 d : an attribute widespread to all members of a category
a : some thing owned or possessed precisely : a piece of real estate b : the special appropriate to possess, get pleasure from, and dispose of a issue : possession c : one thing to which anyone or enterprise contains a legal title d : just one (like a performer) that is under agreement and whose function is very valuable e : a e book or script purchased for publication or generation
property indicates a characteristic that belongs to some factor's essential nature and could be applied to explain a kind or species.
see also QTIP belief at have confidence in Take note: Below federal tax regulation the property should be A part of the gross estate of your surviving partner at his / her personal Demise, wherever it is topic to taxation.