The Single Best Strategy To Use For constructing excellence
The Single Best Strategy To Use For constructing excellence
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popular property Neighborhood property intellectual property particular property property destruction property hurt insurance policies property correct property tax general public property
Examine tenancy in widespread at tenancy — Group property : property held jointly by husband and wife exclusively : property Primarily from employment acquired by possibly husband or wife following relationship which is deemed in states getting a Local community property program to belong to both spouses as undivided one particular-half passions
from the Company : property belonging to a particular human being — competent terminable desire property : property passing into a surviving wife or husband that qualifies to the marital deduction Should the executor so elects offering which the partner is entitled to acquire earnings in payments designed at the very least on a yearly basis for life Which nobody has an influence to appoint any part of the property to anyone other than the surviving partner
see also antenuptial settlement Be aware: For most states, upon divorce marital property is split according to exactly what the court docket determines is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (as being a car or truck) that's movable although not including crops or other assets however 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 assets continue to attached to or in the land or improvements or fixtures completely hooked up to the land or even a composition on Additionally, it : an fascination, profit, correct, or privilege in these kinds of property
called also immovable property — independent property : property of the spouse that isn't Local community property or marital property Primarily : property acquired by a husband or wife right before marriage or independently 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 destruction coverage to tangible property
These examples are programmatically compiled from several online sources As an example latest use of the phrase 'property.' Any views expressed inside the illustrations never represent Individuals of Merriam-Webster or its editors. Send out us comments about these illustrations.
— marital property : property obtained by either partner in the course of the study course of a marriage which is matter to division on read more divorce
see also asset, estate, desire sense 1, possession feeling 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is abandoned, the owner provides up the realistic expectation of privateness about it. The finder of deserted property is entitled to keep it, as well as a police officer may possibly acquire possession of abandoned property as evidence without the need of violating the assurance against unreasonable searches and seizures inside the Fourth Modification on the U.S. Constitution. — just after-acquired property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy case and that's commonly regarded Portion of the bankruptcy estate : property acquired once the perfection of a lien or stability fascination In particular : these kinds of property obtained following the development of a lien or stability fascination which is issue into the lien or becomes collateral for the security curiosity : property transferred towards the estate of a decedent right after execution on the will — widespread property : property owned or utilized by multiple occasion specially : property owned or leased by tenants in popular
possession in indivision at ownership Take note: The states obtaining community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry particularly, from the civil law of Louisiana : tracts of land with their element elements — intangible property : property (like a stock certificate or Skilled license) that derives worth not from its intrinsic Bodily nature but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and distinctive excellent of a factor or a category.
a : a high quality or trait belonging and particularly peculiar to a person or detail b : an impact that an item has on One more object or about the senses c : virtue feeling 2 d : an attribute widespread to all members of a category
a : a little something owned or possessed precisely : a bit of real estate b : the exceptional suitable to have, get pleasure from, and get rid of a matter : ownership c : a little something to which an individual or small business features a lawful title d : 1 (for instance a performer) who is underneath deal and whose do the job is very precious e : a ebook or script obtained for publication or creation
property indicates a characteristic that belongs into a factor's vital nature and will be employed to explain a type or species.
see also QTIP have faith in at trust Notice: Less than federal tax law the property need to be included in the gross estate on the surviving wife or husband at his or her possess Dying, exactly where it can be subject matter to taxation.