New Step by Step Map For real estate agent
New Step by Step Map For real estate agent
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popular property Local community property mental property own property property destruction property destruction insurance property right property tax public property
Look at tenancy in prevalent at tenancy — Neighborhood property : property held jointly by partner and spouse exclusively : property Particularly from employment acquired by possibly spouse just after marriage that may be deemed in states having a Group property technique to belong to the two spouses as undivided one-fifty percent passions
on the corporation : property belonging to a certain human being — competent terminable desire property : property passing to some surviving partner that qualifies with the marital deduction If your executor so elects supplying the spouse is entitled to get earnings in payments manufactured a minimum of every year for life and that not a soul has a power to appoint any Element of the property to any person in addition to the surviving partner
see also antenuptial settlement Be aware: For most states, upon divorce marital property is split according to just what the courtroom determines is equitable. — movable property : property (as individual property or crops) that may be moved — individual property : property (as being a car) that's movable but not such as crops or other resources nevertheless 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 methods still attached to or in the land or advancements or fixtures permanently attached to your land or perhaps a framework on it also : an curiosity, gain, ideal, or privilege in such property
referred to as also immovable property — independent property : property of a husband or wife that isn't Neighborhood property or marital property Specifically : property acquired by a partner prior to marriage or individually in the course of relationship (as by reward or often by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value as a result of it the coverage policy restricted property hurt protection to tangible property
These illustrations are programmatically compiled from numerous on the web resources to illustrate existing utilization with the term 'property.' Any opinions expressed inside the examples will not depict those of Merriam-Webster or its editors. Deliver us comments about these examples.
— marital property : property obtained by possibly wife or husband in the course of a marriage that is certainly subject matter to division on divorce
see also asset, estate, interest sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Take note: When property is deserted, the operator presents up the fair expectation of privateness about it. The finder of deserted property is entitled to maintain it, in addition to a law enforcement officer may perhaps take possession of abandoned property as evidence without the need of violating the guarantee against unreasonable searches and seizures within the Fourth Amendment towards the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires after the commencement of a website bankruptcy case and that's ordinarily considered part of the individual bankruptcy estate : property acquired once the perfection of the lien or security interest In particular : these kinds of property acquired once the development of a lien or stability fascination that's issue to your lien or turns into collateral for the security desire : property transferred for the estate of the decedent soon after execution of the will — prevalent property : property owned or used by multiple occasion exclusively : property owned or leased by tenants in common
possession in indivision at ownership Observe: The states having Local community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry precisely, inside the civil regulation of Louisiana : tracts of land with their element sections — intangible property : property (like a inventory certification or professional license) that derives price not from its intrinsic Bodily mother nature but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and exclusive top quality of the issue or a category.
a : a top quality or trait belonging and especially peculiar to someone or factor b : an influence that an item has on Yet another item or within the senses c : advantage sense two d : an attribute popular to all associates of a category
a : one thing owned or possessed precisely : a piece of real estate b : the exceptional ideal to possess, enjoy, and get rid of a thing : ownership c : a little something to which someone or business enterprise includes a lawful title d : 1 (like a performer) who is beneath deal and whose perform is very precious e : a guide or script acquired for publication or production
property implies a attribute that belongs to the factor's necessary nature and will be applied to describe a type or species.
see also QTIP rely on at trust Be aware: Underneath federal tax regulation the property has to be A part of the gross estate of your surviving partner at their individual death, exactly where it can be issue to taxation.