Top latest Five property Urban news

prevalent property Group property intellectual property particular property property damage property problems insurance policy property correct property tax general public property

Evaluate tenancy in widespread at tenancy — community property : property held jointly by spouse and wife especially : property Particularly from employment acquired by both spouse right after marriage that may be deemed in states aquiring a Local community property procedure to belong to each spouses as undivided a single-50 percent pursuits

from the Company : property belonging to a selected particular person — capable terminable curiosity property : property passing to the surviving partner that qualifies for that marital deduction When the executor so elects giving that the partner is entitled to get money in payments built at the least annually for life Which no-one has an influence to appoint any A part of the property to anyone in addition to the surviving partner

see also antenuptial settlement Be aware: In the majority of states, upon divorce marital property is divided In keeping with what the courtroom establishes is equitable. — movable property : property (as individual property or crops) which can be moved — personal property : property (like a auto) which is movable although not including crops or other assets continue to attached to land : property apart from real property a tax on the personal property

— real property : property consisting of land, properties, crops, or other assets however hooked up to or in the land or enhancements or fixtures completely connected to your land or maybe a composition on Additionally, it : an fascination, gain, ideal, or privilege in this kind of property

called also immovable property — independent property : property of the wife or husband that's not Group property or marital property In particular : property obtained by a husband or wife in advance of relationship or separately throughout marriage (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial price thanks to it the insurance plan coverage limited property injury coverage to tangible property

These illustrations are programmatically compiled from several on line resources For example present utilization on the phrase 'property.' Any thoughts expressed while in the illustrations usually do not symbolize People of Merriam-Webster or its editors. Ship us opinions about these illustrations.

— marital property : property obtained by either spouse through the study course of the marriage which is matter to division on divorce

see also asset, estate, desire sense 1, possession sense 1e — abandoned property : property to which the proprietor has relinquished all rights Notice: When property is deserted, the owner provides up the sensible expectation of privacy about it. The finder of deserted property is entitled to help keep it, plus a police officer could get possession of abandoned property as evidence without the need of violating the warranty versus unreasonable lookups and seizures within the Fourth Amendment towards the U.S. Constitution. — soon after-acquired property : property (as proceeds) that a debtor acquires following the commencement of the personal bankruptcy scenario and that's ordinarily considered part of the bankruptcy estate : property acquired after the perfection of a lien or security interest Particularly : this kind of property obtained once the generation of the lien or protection fascination that is definitely subject matter to your lien or will become collateral for the safety fascination : property transferred on the estate of a decedent right after execution in the will — frequent property : property owned or used by multiple bash precisely : property owned or leased by tenants in popular

possession in indivision at possession Notice: The states obtaining Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property real estate agent Within this entry specifically, during the civil regulation of Louisiana : tracts of land with their part areas — intangible property : property (like a stock certificate or Experienced license) that derives price not from its intrinsic Bodily nature but from what it signifies — intellectual property

of not conducting heat character applies to a peculiar and distinct excellent of a factor or a class.

a : an excellent or trait belonging and particularly peculiar to someone or point b : an impact that an item has on A different object or on the senses c : advantage feeling 2 d : an attribute popular to all customers of a class

a : something owned or possessed precisely : a bit of real estate b : the unique right to have, appreciate, and eliminate a issue : ownership c : a thing to which someone or company contains a authorized title d : 1 (for instance a performer) who's under agreement and whose function is very beneficial e : a reserve or script obtained for publication or production

property indicates a characteristic that belongs to your factor's necessary nature and could be employed to explain a kind or species.

see also QTIP trust at have faith in Take note: Beneath federal tax law the property have to be included in the gross estate on the surviving spouse at her or his personal Dying, exactly where it can be subject to taxation.

Leave a Reply

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