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Review tenancy in frequent at tenancy — community property : property held jointly by spouse and wife especially : property Specifically from employment obtained by both husband or wife soon after marriage that is certainly deemed in states having a Group property process to belong to both equally spouses as undivided one particular-fifty percent pursuits
in the corporation : property belonging to a particular human being — skilled terminable curiosity property : property passing to the surviving husband or wife that qualifies for the marital deduction Should the executor so elects delivering that the husband or wife is entitled to get revenue in payments built no less than each year for all times and that not a soul has an influence to appoint any Component of the property to any person other than the surviving partner
see also antenuptial arrangement Notice: In most states, on divorce marital property is divided according to just what the court docket decides is equitable. — movable property : property (as individual property or crops) which might be moved — personalized property : property (being a car) that may be movable but not which include crops or other sources however attached to land : property besides real property a tax on the private property
— real property : property consisting of land, buildings, crops, or other resources nonetheless hooked up to or inside the land or enhancements or fixtures completely hooked up towards the land or simply a construction on Additionally, it : an desire, advantage, ideal, or privilege in this sort of property
named also immovable property — separate property : property of the wife or husband that is not Local community property or marital property Particularly : property obtained by a spouse in advance of 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 limited property problems protection to tangible property
These examples are programmatically compiled from different on the net resources to illustrate existing utilization of your word 'property.' Any thoughts expressed while in the illustrations will not characterize Those people of Merriam-Webster or its editors. Deliver us opinions about these illustrations.
— marital property : property obtained by possibly spouse during the training read more course of a relationship that may be subject to division upon divorce
see also asset, estate, curiosity perception 1, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Be aware: When property is abandoned, the proprietor gives up the reasonable expectation of privacy regarding it. The finder of abandoned property is entitled to maintain it, and also a law enforcement officer may possibly get possession of deserted property as evidence with no violating the promise in opposition to unreasonable queries and seizures from the Fourth Modification into the U.S. Constitution. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy situation and that is typically deemed Section of the individual bankruptcy estate : property acquired following the perfection of a lien or safety curiosity Specially : these kinds of property acquired following the development of a lien or security interest that's subject to the lien or gets to be collateral for the safety desire : property transferred into the estate of the decedent just after execution with the will — prevalent property : property owned or utilized by more than one celebration particularly : property owned or leased by tenants in common
ownership in indivision at possession Observe: The states obtaining Neighborhood property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry precisely, while in the civil law of Louisiana : tracts of land with their part components — intangible property : property (for a stock certification or Skilled license) that derives value not from its intrinsic Actual physical mother nature but from what it represents — intellectual property
of not conducting heat character relates to a peculiar and exclusive good quality of a detail or a category.
a : a top quality or trait belonging and especially peculiar to somebody or matter b : an result that an object has on A further item or within the senses c : virtue perception 2 d : an attribute typical to all users of a class
a : some thing owned or possessed specifically : a bit of real estate b : the unique right to possess, love, and get rid of a factor : possession c : one thing to which an individual or business enterprise provides a authorized title d : one (for instance a performer) that's beneath deal and whose operate is especially precious e : a guide or script procured for publication or creation
property indicates a characteristic that belongs to a matter's crucial mother nature and will be used to describe a sort or species.
see also QTIP have faith in at believe in Take note: Beneath federal tax regulation the property have to be included in the gross estate on the surviving spouse at their own Loss of life, where by it really is issue to taxation.