typical property Local community property intellectual property own property property problems property injury insurance policy property correct property tax community property
Evaluate tenancy in popular at tenancy — Local community property : property held jointly by husband and spouse especially : property especially from work acquired by either wife or husband soon after relationship that is certainly considered in states possessing a Group property technique to belong to each spouses as undivided a person-fifty percent pursuits
of the Company : property belonging to a certain particular person — qualified terminable fascination property : property passing to a surviving husband or wife that qualifies for the marital deduction In case the executor so elects supplying the spouse is entitled to get income in payments made no less than yearly for all times and that no person has an influence to appoint any Portion of the property to anyone apart from the surviving wife or husband
see also antenuptial agreement Observe: In most states, on divorce marital property is divided In accordance with just what the court determines is equitable. — movable property : property (as personalized property or crops) that can be moved — individual property : property (for a car) that is definitely movable although not which includes crops or other methods still connected to land : property besides real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other means still connected to or throughout the land or improvements or fixtures permanently connected to your land or maybe a composition on In addition, it : an fascination, advantage, ideal, or privilege in these property
called also immovable property — independent property : property of a husband or wife that isn't Local community property or marital property In particular : property acquired by a spouse prior to marriage or separately for the duration of marriage (as by gift or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial worth due to it the insurance policy limited property damage coverage to tangible property
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— marital property : property obtained by possibly husband or wife over the class of the relationship that may be subject to division upon divorce
see also asset, estate, fascination perception 1, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is abandoned, the operator presents up more info the affordable expectation of privacy relating to it. The finder of deserted property is entitled to maintain it, and a police officer might get possession of deserted property as proof without the need of violating the guarantee towards unreasonable queries and seizures while in the Fourth Modification into the U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires following the commencement of the personal bankruptcy scenario and that's ordinarily considered A part of the personal bankruptcy estate : property acquired following the perfection of the lien or stability desire Primarily : such property acquired after the creation of a lien or safety curiosity that is certainly subject matter to your lien or results in being collateral for the safety desire : property transferred to the estate of a decedent after execution from the will — typical property : property owned or utilized by more than one get together especially : property owned or leased by tenants in widespread
possession in indivision at possession Notice: The states obtaining Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry precisely, during the civil regulation of Louisiana : tracts of land with their component components — intangible property : property (being a inventory certification or Specialist license) that derives price not from its intrinsic Bodily character but from what it signifies — intellectual property
of not conducting heat character applies to a peculiar and unique top quality of a factor or a class.
a : a high quality or trait belonging and especially peculiar to a person or thing b : an effect that an object has on An additional object or on the senses c : advantage perception two d : an attribute prevalent to all users of a category
a : a thing owned or possessed exclusively : a bit of real estate b : the distinctive proper to possess, appreciate, and dispose of a factor : ownership c : something to which a person or business contains a lawful title d : just one (like a performer) who's beneath contract and whose function is especially important e : a reserve or script ordered for publication or generation
property implies a characteristic that belongs to some thing's essential mother nature and could be utilised to describe a type or species.
see also QTIP trust at trust Take note: Underneath federal tax legislation the property has to be included in the gross estate of the surviving wife or husband at his / her individual Demise, in which it's subject to taxation.