Not known Details About realtor

widespread property community property mental property individual property property damage property hurt insurance property proper property tax general public property

Examine tenancy in prevalent at tenancy — community property : property held jointly by partner and wife precisely : property Specially from work acquired by either husband or wife following relationship that is considered in states possessing a Local community property system to belong to both equally spouses as undivided a single-50 % interests

of your corporation : property belonging to a certain person — skilled terminable interest property : property passing to your surviving spouse that qualifies to the marital deduction if the executor so elects offering which the spouse is entitled to obtain profits in payments made at the very least per year for all times Which no one has a power to appoint any Component of the property to any person aside from the surviving wife or husband

see also antenuptial arrangement Take note: In many states, on divorce marital property is split In line with just what the court decides is equitable. — movable property : property (as own property or crops) that may be moved — own property : property (as being a motor vehicle) that may be movable but not like 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, structures, crops, or other methods nonetheless attached to or inside the land or enhancements or fixtures completely connected to your land or a structure on In addition, it : an fascination, profit, correct, or privilege in these kinds of property

termed also immovable property — separate property : property of a partner that isn't Group property or marital property especially : property acquired by a partner ahead of relationship or separately throughout marriage (as by gift or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit due to it the insurance policy coverage limited property hurt protection to tangible property

These examples are programmatically compiled from a variety of on the net resources For example present usage from the word 'property.' Any thoughts expressed while in the illustrations will not stand for Those people of Merriam-Webster or its editors. Send us feed-back about these examples.

— marital property : property acquired by both husband or wife in the course of the website training course of a marriage that's subject matter to division on divorce

see also asset, estate, interest feeling one, possession feeling 1e — abandoned property : property to which the proprietor has relinquished all rights Notice: When property is abandoned, the owner presents up the fair expectation of privacy about it. The finder of deserted property is entitled to help keep it, as well as a police officer may well acquire possession of deserted property as evidence without violating the warranty from unreasonable queries and seizures inside the Fourth Amendment towards the U.S. Constitution. — after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that is ordinarily regarded Section of the bankruptcy estate : property obtained after the perfection of the lien or safety desire Specially : this kind of property obtained following the creation of the lien or safety desire that is definitely matter for the lien or gets to be collateral for the safety fascination : property transferred towards the estate of the decedent soon after execution in the will — typical property : property owned or employed by more than one bash specially : property owned or leased by tenants in frequent

possession in indivision at ownership Note: The states acquiring community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry particularly, during the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (for a stock certification or Specialist license) that derives value not from its intrinsic Bodily nature but from what it signifies — intellectual property

of not conducting warmth character applies to a peculiar and exclusive quality of the factor or a category.

a : a high quality or trait belonging and particularly peculiar to a person or matter b : an impact that an item has on Yet another item or within the senses c : advantage sense two d : an attribute frequent to all users of a class

a : anything owned or possessed especially : a piece of real estate b : the special appropriate to possess, enjoy, and eliminate a issue : ownership c : a little something to which someone or company has a lawful title d : one particular (such as a performer) who's below agreement and whose operate is especially important e : a ebook or script bought for publication or output

property indicates a characteristic that belongs to your point's essential character and may be applied to describe a sort or species.

see also QTIP have confidence in at trust Observe: Under federal tax legislation the property must be A part of the gross estate from the surviving wife or husband at their individual death, where it can be topic to taxation.

Leave a Reply

Your email address will not be published. Required fields are marked *