Not known Details About realtor

Not known Details About realtor

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widespread property community property intellectual property own property property damage property destruction coverage property suitable property tax public property

Look at tenancy in widespread at tenancy — community property : property held jointly by partner and wife particularly : property In particular from employment obtained by either wife or husband soon after marriage that is definitely deemed in states possessing a Group property program to belong to both spouses as undivided one particular-half passions

of the Company : property belonging to a specific person — experienced terminable desire property : property passing into a surviving wife or husband that qualifies for your marital deduction If your executor so elects offering that the husband or wife is entitled to obtain profits in payments created not less than each year for all times Which no-one has an influence to appoint any Portion of the property to anyone other than the surviving husband or wife

see also antenuptial agreement Note: In the majority of states, on divorce marital property is divided As outlined by what the courtroom determines is equitable. — movable property : property (as private property or crops) that can be moved — private property : property (to be a automobile) that may be movable but not like crops or other resources even now hooked up to land : property aside from real property a tax on the private property

— real property : property consisting of land, structures, crops, or other sources however attached to or inside the land or advancements or fixtures permanently connected to your land or perhaps a framework on it also : an curiosity, gain, correct, or privilege in this kind of property

called also immovable property — different property : property of the spouse that isn't Neighborhood property or marital property Specifically : property acquired by a partner prior to marriage or separately throughout relationship (as by reward or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial worth as a result of it the insurance coverage coverage restricted property injury coverage to tangible property

These illustrations are programmatically compiled from several on the net resources As an instance latest use on the phrase 'property.' Any views expressed from the illustrations usually do not represent those of Merriam-Webster or its editors. Send us feedback about these illustrations.

— marital property : property acquired by either wife or husband more info in the course of the system of a marriage that is subject to division on divorce

see also asset, estate, fascination feeling 1, possession sense 1e — deserted property : property to which the proprietor has relinquished all rights Be aware: When property is deserted, the proprietor presents up the affordable expectation of privateness relating to it. The finder of deserted property is entitled to keep it, as well as a law enforcement officer may perhaps consider possession of abandoned property as proof without the need of violating the warranty towards unreasonable queries and seizures while in 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 circumstance and that is generally deemed Section of the individual bankruptcy estate : property obtained once the perfection of a lien or security interest Specifically : these kinds of property obtained once the development of a lien or protection fascination that is definitely issue to the lien or gets to be collateral for the security curiosity : property transferred for the estate of the decedent soon after execution with the will — prevalent property : property owned or employed by multiple bash specifically : property owned or leased by tenants in typical

ownership in indivision at ownership Be aware: The states possessing Neighborhood property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry specially, from the civil regulation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (to be a inventory certification or Expert license) that derives benefit not from its intrinsic Bodily character but from what it represents — intellectual property

of not conducting heat character relates to a peculiar and distinctive high-quality of a thing or a class.

a : a top quality or trait belonging and especially peculiar to a person or point b : an impact that an object has on Yet another object or around the senses c : virtue sense 2 d : an attribute common to all members of a category

a : a little something owned or possessed precisely : a bit of real estate b : the special ideal to have, delight in, and dispose of a thing : ownership c : a little something to which an individual or enterprise includes a legal title d : 1 (such as a performer) who is less than deal and whose get the job done is particularly worthwhile e : a ebook or script obtained for publication or manufacturing

property implies a characteristic that belongs to a detail's necessary character and should be employed to describe a type or species.

see also QTIP trust at belief Take note: Underneath federal tax legislation the property has to be included in the gross estate of the surviving wife or husband at her or his possess Loss of life, exactly where it is issue to taxation.