How real estate agent can Save You Time, Stress, and Money.
How real estate agent can Save You Time, Stress, and Money.
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frequent property Group property intellectual property personal property property problems property injury insurance property suitable property tax public property
Look at tenancy in frequent at tenancy — community property : property held jointly by spouse and wife precisely : property Particularly from work acquired by possibly partner just after marriage that is deemed in states aquiring a Neighborhood property process to belong to both spouses as undivided a single-50 % interests
of your corporation : property belonging to a particular person — experienced terminable desire property : property passing to your surviving spouse that qualifies for that marital deduction When the executor so elects giving that the husband or wife is entitled to get money in payments created at the least on a yearly basis for life Which no person has a power to appoint any Component of the property to any person apart from the surviving husband or wife
see also antenuptial agreement Notice: For most states, upon divorce marital property is split Based on what the courtroom decides is equitable. — movable property : property (as own property or crops) which can be moved — own property : property (like a car or truck) that's movable although not together with crops or other assets however attached to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, properties, crops, or other assets continue to attached to or in the land or advancements or fixtures permanently connected into the land or perhaps a framework on it also : an curiosity, gain, right, or privilege in this sort of property
termed also immovable property — separate property : property of a wife or husband that isn't Local community property or marital property In particular : property obtained by a partner ahead of relationship or individually for the duration of relationship (as by gift or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic value as a result of it the insurance policies plan restricted property problems coverage to tangible property
These illustrations are programmatically compiled from various on-line sources As an instance present-day usage in the phrase 'property.' Any viewpoints expressed during the examples do not represent those of Merriam-Webster or its editors. Deliver us suggestions about these examples.
— marital property : property acquired by both husband or wife in the course of a marriage that's subject to division on divorce
see also asset, estate, curiosity feeling 1, possession sense 1e — deserted property : property to which the operator has relinquished all legal rights Take note: When property is abandoned, the proprietor provides up the sensible expectation of privacy regarding it. The finder of abandoned property is entitled to keep it, and a law enforcement officer may well just take possession of deserted property as evidence without having violating the ensure in opposition to unreasonable queries and seizures inside the Fourth Modification to the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires once the commencement of a individual bankruptcy scenario and that is typically deemed Portion of the bankruptcy estate : property obtained once the perfection of the lien or stability interest Particularly : this kind of property obtained following the generation of the lien or security interest that's subject to your lien or gets collateral for the security interest : property transferred into the estate of the decedent after execution from the will — frequent property : property owned or used by multiple get together particularly : get more info property owned or leased by tenants in prevalent
possession in indivision at possession Notice: The states having Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry precisely, in the civil regulation of Louisiana : tracts of land with their component pieces — intangible property : property (like a inventory certificate or Experienced license) that derives worth not from its intrinsic Actual physical character but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and exclusive good quality of a issue or a class.
a : an outstanding or trait belonging and especially peculiar to somebody or factor b : an result that an object has on A different object or about the senses c : advantage perception two d : an attribute widespread to all associates of a class
a : one thing owned or possessed especially : a piece of real estate b : the distinctive ideal to have, love, and eliminate a factor : possession c : some thing to which somebody or company includes a legal title d : 1 (such as a performer) who is less than deal and whose operate is very useful e : a reserve or script purchased for publication or manufacturing
property implies a attribute that belongs to some matter's necessary character and should be employed to describe a type or species.
see also QTIP belief at belief Observe: Beneath federal tax legislation the property has to be A part of the gross estate from the surviving husband or wife at his / her personal Demise, where it truly is subject to taxation.