New Step by Step Map For real estate agent

prevalent property community property mental property particular property property hurt property injury insurance coverage property ideal property tax community property

Assess tenancy in typical at tenancy — Group property : property held jointly by husband and spouse exclusively : property Specifically from work acquired by possibly partner following relationship that is certainly considered in states getting a community property technique to belong to each spouses as undivided a person-fifty percent pursuits

in the corporation : property belonging to a specific human being — experienced terminable interest property : property passing into a surviving spouse that qualifies to the marital deduction Should the executor so elects supplying the spouse is entitled to get earnings in payments built at the least annually for all times Which no one has an influence to appoint any A part of the property to anyone in addition to the surviving partner

see also antenuptial arrangement Take note: In many states, upon divorce marital property is split In keeping with what the courtroom establishes is equitable. — movable property : property (as personal property or crops) that may be moved — personalized property : property (to be a car) which is movable although not such as crops or other assets continue to attached to land : property aside from real property a tax on the non-public property

— real property : property consisting of land, buildings, crops, or other assets however hooked up to or throughout the land or improvements or fixtures permanently attached for the land or maybe a composition on In addition it : an interest, reward, suitable, or privilege in such property

called also immovable property — independent property : property of the wife or husband that's not Neighborhood property or marital property Specifically : property obtained by a spouse ahead of relationship or separately through marriage (as by reward or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic financial benefit due to it the insurance policies coverage restricted property damage coverage to tangible property

These examples are programmatically compiled from numerous on the web sources As an instance latest use of your term 'property.' Any opinions expressed during the illustrations will not characterize All those of Merriam-Webster or its editors. Mail us feed-back about these examples.

— marital property : property acquired by possibly spouse during the course of the relationship that is certainly subject matter to division upon divorce

see also asset, estate, curiosity perception 1, possession feeling 1e — deserted property : property to which the owner has relinquished all rights Note: When property is abandoned, the owner gives up the reasonable expectation of privacy concerning it. The finder of deserted property is entitled to help keep it, plus a law enforcement officer may possibly just take possession of abandoned property as evidence without violating the warranty from unreasonable queries and read more seizures inside the Fourth Amendment to your U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the personal bankruptcy situation and that is usually thought of Component of the personal bankruptcy estate : property acquired once the perfection of the lien or safety interest Primarily : these property acquired once the generation of a lien or security interest that may be subject matter for the lien or results in being collateral for the safety interest : property transferred on the estate of a decedent immediately after execution from the will — popular property : property owned or utilized by multiple occasion especially : property owned or leased by tenants in widespread

possession in indivision at possession Note: The states acquiring Neighborhood property legislation 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 part elements — intangible property : property (to be a stock certification or Specialist license) that derives value not from its intrinsic Bodily nature but from what it represents — intellectual property

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

a : a high quality or trait belonging and particularly peculiar to someone or thing b : an influence that an object has on A further object or over the senses c : virtue perception 2 d : an attribute prevalent to all members of a category

a : one thing owned or possessed precisely : a piece of real estate b : the special correct to have, enjoy, and eliminate a factor : possession c : a thing to which someone or business incorporates a legal title d : a single (for instance a performer) who is underneath contract and whose operate is very useful e : a reserve or script obtained for publication or output

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

see also QTIP have confidence in at belief Be aware: Underneath federal tax law the property have to be A part of the gross estate from the surviving husband or wife at his / her own Dying, wherever it truly is matter to taxation.

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