constructing excellence - An Overview

typical property Local community property intellectual property particular property property harm property injury insurance coverage property suitable property tax public property

Assess tenancy in typical at tenancy — Group property : property held jointly by spouse and wife especially : property Primarily from employment obtained by possibly spouse right after marriage that is definitely deemed in states having a Local community property technique to belong to equally spouses as undivided a person-half passions

from the Company : property belonging to a particular human being — experienced terminable interest property : property passing into a surviving wife or husband that qualifies to the marital deduction if the executor so elects furnishing the husband or wife is entitled to receive revenue in payments produced not less than per year for life Which nobody has an influence to appoint any A part of the property to anyone apart from the surviving wife or husband

see also antenuptial arrangement Take note: In many states, on divorce marital property is divided In line with just what the court establishes is equitable. — movable property : property (as individual property or crops) which can be moved — particular property : property (as being a car or truck) that is certainly movable but not which includes crops or other methods however connected to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, structures, crops, or other assets however connected to or in the land or enhancements or fixtures permanently hooked up to the land or even a composition on Additionally, it : an fascination, profit, right, or privilege in such property

known as also immovable property — independent property : property of a husband or wife that's not Local community property or marital property Primarily : property acquired by a spouse prior to marriage or individually throughout marriage (as by gift or usually by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial price thanks to it the insurance policy restricted property hurt protection to tangible property

These illustrations are programmatically compiled from several on the net resources As an example latest use of your term 'property.' Any viewpoints expressed during the examples do not symbolize Individuals of Merriam-Webster or its editors. Ship us responses about these illustrations.

— marital property : property acquired by either spouse through the training course of a relationship that's topic to division upon divorce

see also asset, estate, curiosity sense 1, possession feeling 1e — abandoned property : property to which the operator has relinquished all legal rights Notice: When property is abandoned, the proprietor gives up the affordable expectation of privacy relating to it. The finder of deserted property is entitled to help keep it, as well as a police officer may possibly just take possession of abandoned property as proof without having violating the ensure in opposition to 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 bankruptcy case and that's typically regarded as Component of the personal bankruptcy estate : property acquired after the perfection of the lien or safety interest especially : these types of property obtained after the generation of a lien or stability curiosity that's subject towards the lien or becomes collateral for the safety curiosity : property transferred into the estate of the decedent right after execution in the will — common property : property owned or employed by more than one get together especially : property owned or leased by tenants in frequent

ownership in indivision at possession Observe: The states possessing community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, inside the civil law of Louisiana : tracts of land with their ingredient areas — intangible property : property here (like a stock certification or Skilled license) that derives value not from its intrinsic Actual physical character but from what it represents — mental property

of not conducting heat character applies to a peculiar and exclusive high quality of the thing or a class.

a : an outstanding or trait belonging and particularly peculiar to a person or matter b : an impact that an object has on A further object or on the senses c : advantage sense two d : an attribute common to all customers of a class

a : a thing owned or possessed particularly : a bit of real estate b : the unique appropriate to have, appreciate, and get rid of a thing : ownership c : a little something to which somebody or business incorporates a legal title d : just one (such as a performer) that is under agreement and whose do the job is particularly important e : a e-book or script purchased for publication or generation

property implies a attribute that belongs to a issue's essential character and could be utilized to explain a type or species.

see also QTIP have faith in at trust Notice: Less than federal tax law the property have to be A part of the gross estate from the surviving spouse at her or his own Loss of life, wherever it's matter to taxation.

Leave a Reply

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