Everything about real estate agent

widespread property community property mental property particular property property injury property damage insurance policies property right property tax community property

Look at tenancy in prevalent at tenancy — community property : property held jointly by partner and wife specially : property Specifically from work acquired by possibly partner immediately after marriage that is definitely deemed in states getting a Group property program to belong to both of those spouses as undivided 1-fifty percent pursuits

of the corporation : property belonging to a particular individual — skilled terminable interest property : property passing to your surviving spouse that qualifies to the marital deduction If your executor so elects supplying the spouse is entitled to get profits in payments made at the very least annually for all times and that no-one has an influence to appoint any part of the property to any person in addition to the surviving spouse

see also antenuptial arrangement Notice: In most states, upon divorce marital property is divided according to what the courtroom establishes is equitable. — movable property : property (as particular property or crops) which might be moved — private property : property (for a vehicle) which is movable although not which include crops or other methods however hooked up to land : property besides real property a tax on the private property

— real property : property consisting of land, properties, crops, or other methods however hooked up to or within the land or improvements or fixtures forever attached towards the land or even a construction on What's more, it : an desire, profit, right, or privilege in this sort of property

termed also immovable property — separate property : property of a partner that isn't Local community property or marital property In particular : property acquired by a partner prior to marriage or independently throughout marriage (as by gift or usually by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic financial benefit thanks to it the insurance coverage plan limited property damage coverage to tangible property

These examples are programmatically compiled from numerous on-line resources For example present-day use of the word 'property.' Any opinions expressed inside the examples usually do not depict Individuals of Merriam-Webster or its editors. Deliver us opinions about these examples.

— marital property : property acquired by possibly wife or husband during the system of a marriage that is subject to division on divorce

see also asset, estate, fascination sense 1, possession perception 1e — deserted property : property to which the proprietor has relinquished all rights Notice: When property is deserted, the proprietor gives up the reasonable expectation of privacy concerning it. The finder of abandoned property is entitled to keep it, and a police officer may take possession of deserted property as proof with no violating the ensure from unreasonable queries and seizures during the Fourth Amendment for the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy case and that is typically regarded Component website of the individual bankruptcy estate : property obtained after the perfection of a lien or security curiosity Specifically : these kinds of property obtained once the generation of the lien or stability desire that is subject towards the lien or turns into collateral for the security fascination : property transferred on the estate of the decedent soon after execution in the will — widespread property : property owned or utilized by multiple occasion precisely : property owned or leased by tenants in popular

ownership in indivision at ownership Note: The states having community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, inside the civil legislation of Louisiana : tracts of land with their element elements — intangible property : property (being a stock 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 point or a class.

a : a high quality or trait belonging and especially peculiar to an individual or factor b : an impact that an object has on An additional object or on the senses c : virtue perception two d : an attribute popular to all users of a category

a : a little something owned or possessed precisely : a bit of real estate b : the exceptional appropriate to have, take pleasure in, and get rid of a factor : ownership c : some thing to which a person or business has a lawful title d : just one (for instance a performer) that is beneath contract and whose function is especially valuable e : a book or script procured for publication or generation

property indicates a characteristic that belongs to the detail's necessary character and will be employed to describe a type or species.

see also QTIP belief at rely on Observe: Beneath federal tax law the property should 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.

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