5 Easy Facts About real estate agent Described
5 Easy Facts About real estate agent Described
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typical property Local community property mental property personalized property property injury property damage insurance coverage property right property tax general public property
Examine tenancy in widespread at tenancy — community property : property held jointly by spouse and wife especially : property especially from work acquired by possibly partner after relationship that may be deemed in states having a Local community property procedure to belong to both equally spouses as undivided a single-fifty percent interests
in the Company : property belonging to a specific man or woman — competent terminable interest property : property passing into a surviving wife or husband that qualifies for the marital deduction If your executor so elects delivering that the husband or wife is entitled to receive cash flow in payments made no less than yearly for all times Which no person has an influence to appoint any A part of the property to any person besides the surviving spouse
see also antenuptial settlement Note: In many states, on divorce marital property is split according to what the courtroom establishes is equitable. — movable property : property (as private property or crops) which might be moved — individual property : property (for a car) which is movable although not together with crops or other sources even now hooked up to land : property other than real property a tax on the private property
— real property : property consisting of land, properties, crops, or other resources even now hooked up to or within the land or enhancements or fixtures forever attached towards the land or possibly a framework on Additionally, it : an curiosity, gain, ideal, or privilege in this kind of property
named also immovable property — different property : property of the spouse that isn't Local community property or marital property especially : property obtained by a wife or husband right before marriage or independently for the duration of relationship (as by present or often by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value on account of it the insurance coverage coverage restricted property hurt protection to tangible property
These illustrations are programmatically compiled from various on the internet resources For example latest use of the word 'property.' Any opinions expressed while in the examples do not signify People of Merriam-Webster or its editors. Deliver us comments about these examples.
— marital property : property obtained by both wife or husband during the training course of the relationship that may be issue to division on divorce
see also asset, estate, desire feeling one, possession perception 1e — deserted property : property to which the owner has relinquished all rights Notice: When property is deserted, the proprietor america property offers up the acceptable expectation of privateness relating to it. The finder of deserted property is entitled to keep it, along with a police officer may possibly choose possession of deserted property as proof with no violating the promise towards unreasonable queries and seizures from the Fourth Modification into the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy situation and that is normally deemed Portion of the bankruptcy estate : property obtained following the perfection of a lien or stability fascination Specially : these kinds of property obtained once the generation of the lien or security interest that's issue to your lien or will become collateral for the safety curiosity : property transferred on the estate of a decedent just after execution from the will — frequent property : property owned or employed by multiple get together specifically : property owned or leased by tenants in popular
possession in indivision at ownership Take note: The states obtaining community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry precisely, inside the civil law of Louisiana : tracts of land with their part parts — intangible property : property (being a inventory certificate or Qualified license) that derives value not from its intrinsic Actual physical nature but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and exclusive top quality of the factor or a category.
a : a quality or trait belonging and particularly peculiar to an individual or issue b : an outcome that an object has on A different object or within the senses c : advantage sense 2 d : an attribute popular to all associates of a category
a : some thing owned or possessed specially : a piece of real estate b : the exceptional correct to have, appreciate, and get rid of a thing : possession c : something to which somebody or business incorporates a lawful title d : a single (for instance a performer) who's less than agreement and whose do the job is particularly worthwhile e : a ebook or script acquired for publication or manufacturing
property implies a characteristic that belongs to a issue's critical character and could be utilized to explain a sort or species.
see also QTIP rely on at have faith in Notice: Below federal tax law the property has to be A part of the gross estate of the surviving husband or wife at his / her very own Demise, the place it really is topic to taxation.