How real estate agent can Save You Time, Stress, and Money.
How real estate agent can Save You Time, Stress, and Money.
Blog Article
common property Local community property intellectual property own property property damage property hurt insurance policies property proper property tax general public property
Assess tenancy in frequent at tenancy — Group property : property held jointly by spouse and wife precisely : property Specially from employment obtained by either husband or wife right after relationship that is certainly deemed in states aquiring a Neighborhood property procedure to belong to the two spouses as undivided one-50 percent pursuits
on the corporation : property belonging to a certain person — skilled terminable curiosity property : property passing to your surviving partner that qualifies for that marital deduction if the executor so elects delivering that the husband or wife is entitled to receive revenue in payments made at the least annually for life Which nobody has an influence to appoint any part of the property to any person in addition to the surviving partner
see also antenuptial settlement Be aware: In the majority of states, on divorce marital property is divided As outlined by what the courtroom establishes is equitable. — movable property : property (as individual property or crops) that could be moved — personal property : property (like a auto) which is movable but not like crops or other means 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 continue to attached to or inside the land or enhancements or fixtures forever attached for the land or possibly a composition on it also : an curiosity, gain, ideal, or privilege in this kind of property
identified as also immovable property — separate property : property of a partner that is not community property or marital property Specifically : property obtained by a wife or husband in advance of marriage or independently all through relationship (as by reward or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic worth as a consequence of it the insurance plan plan limited property destruction coverage to tangible property
These examples are programmatically compiled from different on the web resources As an instance present-day usage from the word 'property.' Any thoughts expressed inside the examples tend not to depict People of Merriam-Webster or its editors. Send out us responses about these illustrations.
— marital property : property obtained by possibly wife or husband in the program of a marriage that's subject to division upon divorce
see also asset, estate, curiosity sense 1, possession feeling 1e — deserted property : property to which the owner has relinquished all legal rights Note: When property is deserted, the operator offers up the reasonable expectation of privacy about it. The finder of deserted property is entitled to maintain it, and a police officer may acquire possession of deserted property as evidence with no violating the warranty against unreasonable searches and seizures inside the Fourth Modification into the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy case and that's ordinarily viewed as Component of the personal bankruptcy estate : property acquired following the perfection of the lien or protection fascination Primarily : such property acquired after the creation of a lien or security desire that is definitely subject matter for the lien or will become collateral for the safety desire : property transferred on the estate of a decedent following execution of the will — popular property : property owned or used by more than one get together exclusively : 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 With this entry exclusively, within the civil legislation of Louisiana : tracts of land with their part sections — intangible property : property (for a inventory certification or Qualified license) that derives benefit not from its intrinsic Actual physical character but from what it represents — mental property
of not conducting warmth character applies to a peculiar and distinctive high-quality of the factor or a category.
a : an outstanding or trait belonging and particularly peculiar to someone or matter b : an outcome that an object has on An additional item or within the senses c : advantage feeling two d : an attribute prevalent to all customers of a category
a : anything owned or possessed specifically : a bit of real estate b : the unique ideal to have, love, and eliminate a detail : possession c : a little something to which anyone or small business provides a read more lawful title d : one particular (such as a performer) that is below deal and whose perform is very important e : a e book or script ordered for publication or manufacturing
property indicates a characteristic that belongs to your factor's vital nature and should be used to describe a kind or species.
see also QTIP believe in at have faith in Notice: Below federal tax law the property must be A part of the gross estate with the surviving husband or wife at her or his very own death, where it is matter to taxation.