The Single Best Strategy To Use For constructing excellence

The Single Best Strategy To Use For constructing excellence

Blog Article

widespread property Group property mental property private property property damage property problems insurance policies property right property tax general public property

Examine tenancy in common at tenancy — Group property : property held jointly by husband and spouse particularly : property Primarily from employment acquired by both spouse just after relationship that's considered in states possessing a community property program to belong to both spouses as undivided one particular-half passions

from the Company : property belonging to a particular human being — competent terminable desire property : property passing into a surviving wife or husband that qualifies to the marital deduction Should the executor so elects delivering that the husband or wife is entitled to acquire earnings in payments designed at the very least every year for life Which no one has an influence to appoint any part of the property to any person besides the surviving partner

see also antenuptial arrangement Note: In the majority of states, on divorce marital property is divided Based on just what the court decides is equitable. — movable property : property (as own property or crops) which might be moved — individual property : property (for a car) that is definitely movable but not which include crops or other resources even now hooked up to land : property apart from real property a tax on the non-public 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 on the land or simply a composition on Additionally, it : an fascination, advantage, appropriate, or privilege in these property

named also immovable property — different property : property of a husband or wife that is not Neighborhood property or marital property In particular : property acquired by a partner right before marriage or individually in the course of relationship (as by present or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic worth on account of it the coverage policy restricted property injury coverage to tangible property

These illustrations are programmatically compiled from a variety of on the net resources For example current usage in the phrase 'property.' Any views expressed from the illustrations do not signify Individuals of Merriam-Webster or its editors. Ship us responses about these illustrations.

— marital property : property obtained by possibly husband or wife during the course of the marriage which is topic to division upon divorce

see also asset, estate, curiosity sense 1, possession sense 1e — abandoned property : property to which the owner has relinquished all legal rights Take note: When property is deserted, the operator presents up the fair expectation of privateness about it. The finder of deserted property is entitled to maintain it, and also a law enforcement officer may well acquire possession of deserted property as proof with no violating the assure in opposition to unreasonable queries and seizures during the Fourth Amendment towards the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy scenario and that's commonly thought of A part of the personal bankruptcy estate : property acquired following the perfection of the lien or stability desire especially : this kind of property acquired once the development of a lien or stability desire that is definitely subject matter on the lien or turns into collateral for the security desire : property transferred to your estate of a decedent right after execution from the will — common property : property owned or employed by multiple get together particularly : property owned or leased by tenants in prevalent

possession in indivision at possession Take note: The states possessing Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, while in the civil law of Louisiana : tracts of land with their ingredient areas — intangible property : property (as being a inventory certificate or Expert license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property

of not conducting warmth character applies to a peculiar and distinct top quality of the point or a category.

a : an excellent or trait belonging and especially peculiar to somebody or issue b : an impact that an item has on Yet another item or about the senses c : virtue perception 2 d : an attribute common to all customers of a class

a : a little something owned or possessed exclusively : a piece of real estate b : the exceptional proper to possess, delight in, and dispose of a detail : ownership c : a little something to which anyone or business enterprise contains a lawful title d : a person (for instance a performer) who's under agreement and whose work is particularly valuable e : a e book or script obtained for publication or output

property implies a attribute that belongs to some matter's important character and could be employed to explain read more a type or species.

see also QTIP rely on at trust Note: Less than federal tax regulation the property need to be A part of the gross estate of the surviving partner at his / her personal Demise, where it really is subject to taxation.