How real estate agent can Save You Time, Stress, and Money.
How real estate agent can Save You Time, Stress, and Money.
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typical property Local community property intellectual property particular property property harm property destruction coverage property ideal property tax community property
compare tenancy in prevalent at tenancy — Neighborhood property : property held jointly by partner and spouse specifically : property In particular from employment obtained by either spouse just after relationship which is considered in states using a community property technique to belong to both spouses as undivided 1-50 % pursuits
on the Company : property belonging to a specific human being — skilled terminable interest property : property passing to the surviving partner that qualifies for that marital deduction In the event the executor so elects supplying which the husband or wife is entitled to receive earnings in payments designed at the least annually for all times and that not one person has a power to appoint any Portion of the property to any person aside from the surviving spouse
see also antenuptial settlement Be aware: For most states, on divorce marital property is split In accordance with just what the courtroom establishes is equitable. — movable property : property (as individual property or crops) which might be moved — private property : property (as a automobile) that is definitely movable although not together with crops or other methods continue to connected to land : property besides real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other resources nevertheless hooked up to or within the land or enhancements or fixtures completely hooked up into the land or a construction on Furthermore, it : an desire, benefit, appropriate, or privilege in such property
named also immovable property — different property : property of a partner that isn't Group property or marital property especially : property acquired by a partner in advance of relationship or individually through relationship (as by gift or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic price as a consequence of it the insurance policy restricted property harm coverage to tangible property
These examples are programmatically compiled from numerous on the web resources to illustrate present utilization on the term 'property.' Any viewpoints expressed in the examples usually do not depict All those of Merriam-Webster or its editors. Mail us feedback about these examples.
— marital property : property acquired by both husband or wife in the program of a marriage that is certainly subject matter to division on divorce
see also asset, estate, curiosity sense one, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the operator offers up the fair expectation of privateness regarding it. The finder of abandoned property is entitled to maintain it, and also a police officer might take possession of deserted property as evidence without violating the warranty versus unreasonable lookups and seizures in the Fourth Amendment towards the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy case and that is generally considered A part of the bankruptcy estate : property obtained following the perfection of the lien or protection curiosity Particularly : this sort of property acquired after the creation of the lien or stability fascination which is topic to the lien or becomes collateral for the security desire : property transferred on the estate of a decedent after execution of your will — widespread property : property owned or used by more than one occasion precisely : property owned or leased by tenants in widespread
ownership in indivision at ownership Notice: The states getting Group property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry specifically, during the civil legislation of Louisiana : tracts of land with their component areas — intangible property : property (as being a inventory certificate or Experienced license) that derives worth not from its intrinsic Actual physical character but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and distinct top quality of the point or a category.
a : a top quality or trait belonging and especially peculiar to an individual or thing b : an outcome that an object has on another object or on the senses c : advantage feeling 2 d : an attribute prevalent to all associates of a class
a : a thing owned or possessed especially : a bit of real estate b : the unique suitable to possess, love, and get rid of a detail : ownership c : a thing to which someone or business enterprise includes a lawful title d : a person (such as a performer) that's beneath contract and whose perform is very useful website e : a reserve or script bought for publication or generation
property implies a characteristic that belongs to your thing's vital mother nature and may be employed to explain a sort or species.
see also QTIP believe in at rely on Note: Beneath federal tax regulation the property must be included in the gross estate of your surviving partner at his / her personal Dying, exactly where it can be topic to taxation.