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Assess tenancy in frequent at tenancy — community property : property held jointly by spouse and wife precisely : property Specially from employment acquired by possibly partner after relationship that is certainly deemed in states getting a Group property program to belong to each spouses as undivided a person-fifty percent pursuits

of your Company : property belonging to a certain individual — capable terminable curiosity 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 obtain profits in payments created at least every year for life and that not a soul has a power to appoint any Component of the property to any person besides the surviving spouse

see also antenuptial arrangement Take note: In many states, on divorce marital property is divided In line with what the courtroom decides is equitable. — movable property : property (as individual property or crops) that could be moved — private property : property (to be a automobile) that may be movable but not like crops or other resources even now 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 methods continue to connected to or in the land or advancements or fixtures permanently connected into the land or even a composition on Additionally, it : an fascination, profit, correct, or privilege in these property

called also immovable property — independent property : property of a partner that's not Group property or marital property especially : property acquired by a partner ahead of relationship or separately throughout marriage (as by present or generally by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit thanks to it the insurance coverage coverage limited property problems protection to tangible property

These examples are programmatically compiled from different on the net resources to illustrate present utilization with the term 'property.' Any opinions expressed within the examples tend not to characterize Individuals of Merriam-Webster or its editors. Ship us opinions about these examples.

— marital property : property acquired by either spouse throughout the program of a relationship that is subject to division upon divorce

see also asset, estate, desire perception one, possession feeling 1e — abandoned property : property to which the proprietor has relinquished all rights Be aware: When property is abandoned, the owner gives up the reasonable expectation of privacy about it. The finder of deserted property is entitled to maintain it, and also a law enforcement officer may possibly acquire possession of deserted property as evidence with out violating the promise from unreasonable lookups and seizures in the Fourth Amendment towards the U.S. Structure. — just after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy circumstance and that's commonly thought of Component of the individual bankruptcy estate : property acquired after the perfection of the lien or safety curiosity especially : these types of property obtained following the development of a lien or protection fascination which is topic towards the lien or gets to be collateral for the safety fascination : property transferred on the estate of a decedent after execution of your will — widespread property : property owned or utilized by more than one occasion exclusively : property owned or leased by tenants in frequent

ownership in indivision at possession Notice: The states having Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry exclusively, within the civil regulation of Louisiana : tracts of land with their part components — intangible property : property (as a inventory certificate or Experienced license) that derives price not from its intrinsic physical mother nature but from what it represents — intellectual property

of not conducting warmth character applies to a peculiar and distinct excellent of a factor or a category.

a : a top quality or trait belonging and especially peculiar to somebody or issue b : an impact that an item has on A different object or around the senses c : advantage sense two d : an attribute widespread to all members of a category

a : anything owned or possessed particularly : a bit of real estate b : the distinctive right to have, appreciate, and get rid of a thing : possession c : some thing to which somebody or enterprise contains a authorized title d : one (like a performer) who is beneath deal and whose get the job done is especially important e : a ebook or script bought for publication or generation

property implies a attribute that belongs to a matter's important character and may be applied to describe a kind or species.

see also QTIP trust at have faith in Take note: Below federal tax regulation the property should be A part of the gross estate of the surviving husband or wife at his / her very own Dying, exactly where it is actually click here matter to taxation.

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