Little Known Facts About realtor.
Little Known Facts About realtor.
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prevalent property community property intellectual property own property property problems property injury insurance coverage property ideal property tax general public property
Assess tenancy in frequent at tenancy — community property : property held jointly by spouse and spouse particularly : property especially from work acquired by either husband or wife immediately after marriage that is considered in states possessing a community property technique to belong to each spouses as undivided just one-50 percent interests
in the Company : property belonging to a certain person — skilled terminable curiosity property : property passing to your surviving partner that qualifies with the marital deduction Should the executor so elects delivering which the husband or wife is entitled to acquire revenue in payments built no less than annually for all times Which no person has a power to appoint any Portion of the property to anyone aside from the surviving wife or husband
see also antenuptial agreement Observe: In most states, upon divorce marital property is divided In keeping with exactly what the court docket determines is equitable. — movable property : property (as particular property or crops) that can be moved — personalized property : property (as a motor vehicle) that is movable but not together with crops or other sources continue to attached to land : property besides real property a tax on the personal property
— real property : property consisting of land, properties, crops, or other sources however attached to or inside the land or advancements or fixtures permanently connected to the land or possibly a composition on Additionally, it : an curiosity, profit, appropriate, or privilege in such property
named also immovable property — different property : property of a partner that's not community property or marital property Specifically : property obtained by a wife or husband 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 value as a result of it the insurance plan plan restricted property problems coverage to tangible property
These examples are programmatically compiled from a variety of on line sources For instance latest usage from the word 'property.' Any thoughts expressed while in the examples will not represent These of Merriam-Webster or its editors. Ship us feed-back about these illustrations.
— marital property : property obtained by possibly wife or husband during the system of the relationship that's topic to division upon divorce
see also asset, estate, desire perception 1, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Note: When property is abandoned, the owner presents up the affordable expectation of privacy relating to it. The finder of deserted property is entitled to maintain it, and a police officer could just take possession of deserted property as proof without violating the assure towards unreasonable queries and seizures from the Fourth Modification into the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of the bankruptcy circumstance and that's commonly viewed as Section of the individual bankruptcy estate : property acquired after the perfection of a lien or safety curiosity Specially : these property obtained once the generation of a lien or stability desire get more info that is definitely subject matter on the lien or becomes collateral for the security interest : property transferred towards the estate of a decedent right after execution in the will — widespread property : property owned or utilized by multiple occasion specially : property owned or leased by tenants in popular
possession in indivision at possession Take 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 precisely, from the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (being a inventory certification or Qualified license) that derives price not from its intrinsic Actual physical character but from what it signifies — mental property
of not conducting warmth character relates to a peculiar and exclusive good quality of a point or a class.
a : a top quality 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 c : virtue sense two d : an attribute popular to all users of a category
a : a thing owned or possessed specially : a bit of real estate b : the exceptional proper to have, get pleasure from, and dispose of a matter : ownership c : some thing to which a person or company has a lawful title d : a person (for instance a performer) that is underneath agreement and whose perform is especially valuable e : a reserve or script procured for publication or generation
property indicates a attribute that belongs into a factor's essential mother nature and could be utilised to describe a type or species.
see also QTIP rely on at trust Note: Less than federal tax regulation the property have to be included in the gross estate from the surviving wife or husband at his / her possess Loss of life, exactly where it is issue to taxation.