Considerations To Know About real estate agent

widespread property Group property mental property individual property property harm property harm insurance policy property proper property tax public property

compare tenancy in popular at tenancy — Group property : property held jointly by partner and spouse precisely : property In particular from work obtained by both husband or wife just after marriage which is deemed in states aquiring a Group property process to belong to equally spouses as undivided one particular-fifty percent interests

of the Company : property belonging to a certain particular person — competent terminable curiosity property : property passing to a surviving spouse that qualifies for that marital deduction If your executor so elects offering the spouse is entitled to acquire earnings in payments built at least per year for life Which no-one has a power to appoint any Component of the property to any person in addition to the surviving partner

see also antenuptial agreement Observe: In most states, upon divorce marital property is split In accordance with just what the courtroom decides is equitable. — movable property : property (as personalized property or crops) that may be moved — own property : property (being a vehicle) that is definitely movable although not like crops or other resources however connected to land : property other than real property a tax on the private property

— real property : property consisting of land, buildings, crops, or other methods still connected to or throughout the land or improvements or fixtures completely hooked up towards the land or simply a framework on Additionally, it : an fascination, profit, appropriate, or privilege in such property

named also immovable property — different property : property of the spouse that isn't community property or marital property especially : property obtained by a partner in advance of marriage or independently all through marriage (as by present or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial value on account of it the insurance coverage limited property destruction coverage to tangible property

These examples are programmatically compiled from a variety of online sources As an example latest use from the word 'property.' Any thoughts expressed from the examples don't symbolize All those of Merriam-Webster or its editors. Mail us feedback about these examples.

— marital property : property acquired by both wife or husband during the program of a marriage that is certainly subject matter to division on divorce

see also asset, estate, desire sense 1, possession feeling 1e — abandoned property : property to which the operator has relinquished all rights Notice: When property is deserted, the operator offers up the acceptable expectation of privateness about it. The finder of deserted property is entitled to maintain it, and a police officer might get possession of abandoned property as evidence without having violating the promise from unreasonable queries and seizures while in the Fourth Modification to your U.S. Structure. — soon after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy situation and that is generally considered part of the bankruptcy estate : property obtained once the perfection of the lien or safety curiosity Specifically : these property acquired once the generation of the lien or safety curiosity that is issue on the lien or gets collateral for the security curiosity : property transferred to your estate of the decedent following execution from the will — popular property : property owned or employed by more than one bash precisely : property owned or leased by tenants in prevalent

ownership in indivision at ownership Take note: The states owning Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry exclusively, inside the civil regulation of Louisiana : tracts of land with their element sections — intangible property : property (being a stock certification or Skilled license) that derives benefit not from its intrinsic physical nature but from what it signifies — intellectual property

of not conducting warmth character applies to a peculiar and unique high quality of the issue or a class.

a : a quality or trait belonging and particularly peculiar to a person or detail b : an result that an object has on A different object or over the senses c : virtue sense two d : an attribute typical to all customers of a class

a : a little something owned or possessed exclusively : a piece of real estate b : the exceptional proper to have, get pleasure from, and get rid of a issue : possession c : one thing to which a person or small business contains a authorized title d : one (like a performer) that's below check here agreement and whose work is particularly valuable e : a guide or script ordered for publication or manufacturing

property implies a characteristic that belongs to the point's essential nature and may be utilised to explain a kind or species.

see also QTIP belief at believe in Observe: Under federal tax legislation the property must be A part of the gross estate in the surviving wife or husband at his or her personal Demise, where it is actually topic to taxation.

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