The asia property Diaries

frequent property Group property mental property private property property damage property harm insurance coverage property appropriate property tax general public property

Examine tenancy in prevalent at tenancy — Neighborhood property : property held jointly by partner and spouse especially : property In particular from employment obtained by either partner soon after relationship which is considered in states having a Neighborhood property procedure to belong to the two spouses as undivided just one-half passions

with the Company : property belonging to a specific human being — certified terminable fascination property : property passing to a surviving partner that qualifies to the marital deduction Should the executor so elects providing which the partner is entitled to get earnings in payments designed at the very least on a yearly basis for life Which nobody has an influence to appoint any Portion of the property to anyone apart from the surviving husband or wife

see also antenuptial agreement Observe: In most states, upon divorce marital property is split Based on just what the court decides is equitable. — movable property : property (as individual property or crops) that can be moved — private property : property (to be a automobile) that is certainly movable although not such as crops or other methods however attached to land : property besides real property a tax on the personal property

— real property : property consisting of land, buildings, crops, or other methods still attached to or inside the land or advancements or fixtures permanently attached on the land or simply a framework on it also : an curiosity, gain, correct, or privilege in these kinds of property

named also immovable property — different property : property of a spouse that's not Group property or marital property especially : property acquired by a partner ahead of relationship or separately all through relationship (as by gift or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic worth due to it the insurance coverage policy limited property injury coverage to tangible property

These examples are programmatically compiled from various on the internet sources For instance present usage on the phrase 'property.' Any views expressed during the illustrations don't signify Individuals of Merriam-Webster or its editors. Deliver us feedback about these illustrations.

— marital property : property obtained by both partner through the training course of a marriage that's subject to division on divorce

see also asset, estate, fascination feeling one, possession feeling 1e — abandoned property : property to which the owner has relinquished all legal rights Observe: When property is deserted, the proprietor gives up the fair expectation of privateness concerning it. The finder of deserted property is entitled to maintain it, plus a law enforcement officer may possibly acquire possession of deserted property as evidence without having violating the ensure towards unreasonable queries and seizures inside the Fourth Amendment on the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy scenario and that's commonly thought of part of the individual bankruptcy estate : property obtained following the perfection of a lien or security fascination Specially : these kinds of property acquired after the generation of a lien or safety curiosity that is certainly subject matter to your lien or results in being collateral for the security curiosity : property transferred towards the estate of a decedent after execution of your will — prevalent property : property owned or utilized by more than one occasion exclusively : property owned or leased by tenants in popular

possession in indivision at possession Note: The states having community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, during the civil legislation of Louisiana : tracts of land with their element parts — intangible property : property (for here a stock certification or Specialist license) that derives worth not from its intrinsic Actual physical character but from what it signifies — mental property

of not conducting warmth character relates to a peculiar and exclusive good quality of the issue or a category.

a : a high quality or trait belonging and particularly peculiar to someone or factor b : an outcome that an object has on another item or around the senses c : advantage sense 2 d : an attribute widespread to all associates of a class

a : one thing owned or possessed especially : a piece of real estate b : the exclusive right to possess, delight in, and dispose of a matter : ownership c : a little something to which someone or business provides a legal title d : just one (such as a performer) that's underneath agreement and whose operate is particularly useful e : a guide or script purchased for publication or production

property implies a attribute that belongs to the point's crucial character and may be used to explain a sort or species.

see also QTIP trust at have faith in Note: Beneath federal tax regulation the property has to be A part of the gross estate with the surviving husband or wife at their personal death, where by it can be subject matter to taxation.