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typical property Group property intellectual property particular property property hurt property harm insurance property ideal property tax community property

compare tenancy in widespread at tenancy — Group property : property held jointly by husband and spouse especially : property Particularly from work acquired by possibly partner after relationship that may be deemed in states aquiring a Neighborhood property technique to belong to each spouses as undivided a person-fifty percent interests

of the corporation : property belonging to a specific person — capable terminable fascination property : property passing to some surviving wife or husband that qualifies to the marital deduction When the executor so elects supplying which the partner is entitled to receive cash flow in payments produced not less than per year for life Which no person has a power to appoint any Component of the property to any person in addition to the surviving partner

see also antenuptial settlement Note: In the majority of states, on divorce marital property is divided In line with just what the court establishes is equitable. — movable property : property (as personalized property or crops) that can be moved — particular property : property (as a car or truck) which is movable although not which includes crops or other means nevertheless hooked up to land : property apart from real property a tax on the private property

— real property : property consisting of land, buildings, crops, or other methods still connected to or in the land or improvements or fixtures permanently attached on the land or a framework on it also : an interest, gain, correct, or privilege in these property

termed also immovable property — different property : property of a partner that isn't Local community property or marital property Primarily : property acquired by a spouse just before relationship or independently all through marriage (as by present or typically by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic worth on account of it the insurance plan plan limited property damage coverage to tangible property

These illustrations are programmatically compiled from many on-line sources As an example present utilization on the phrase 'property.' Any views expressed from the illustrations never represent Individuals of Merriam-Webster or its editors. Send out us feed-back about these illustrations.

— marital property : property acquired by either spouse throughout the training course of a marriage that is definitely issue to division on divorce

see also asset, estate, desire feeling one, possession sense 1e — abandoned property : property to which the owner has relinquished all legal rights Take note: When property is deserted, the proprietor offers up the realistic expectation of privateness relating to it. The finder of abandoned property is entitled to help keep it, as well as a police officer might consider possession of deserted property as proof with no violating the assurance from unreasonable queries and seizures while in the Fourth Amendment for the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that is generally regarded Component of the personal bankruptcy estate : property acquired after the perfection of the lien or safety interest especially : such property obtained following the development of a lien or stability fascination that is certainly topic on the lien or turns into collateral for the security interest : property transferred into the estate of the decedent soon after execution with the will — typical property : property owned or used by multiple social gathering particularly : property owned or leased by tenants in typical

possession in indivision at possession Note: The states obtaining community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry specifically, from the civil legislation of Louisiana : tracts of land with their ingredient areas — intangible property : property (like a stock certification or Qualified license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property

of not conducting warmth character relates to a peculiar and exclusive excellent of the matter or a class.

a : an outstanding or trait belonging and especially peculiar to somebody or issue b : an effect that an item has on Yet another item or within the senses c : advantage feeling two d : an attribute widespread to all members of a category

a : one thing owned or possessed exclusively : a bit of real estate b : the distinctive right to possess, enjoy, and dispose of a detail website : ownership c : a thing to which a person or organization has a authorized title d : one (like a performer) that's beneath deal and whose do the job is especially worthwhile e : a reserve or script bought for publication or creation

property indicates a attribute that belongs to a issue's necessary nature and will be applied to describe a kind or species.

see also QTIP belief at believe in Observe: Under federal tax legislation the property must be A part of the gross estate of the surviving partner at his / her own Demise, where by it's subject matter to taxation.

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