What Does property management award Mean?
frequent property Local community property intellectual property personal property property problems property injury insurance coverage property ideal property tax community propertycompare tenancy in prevalent at tenancy — community property : property held jointly by partner and wife specifically : property Specially from employment obtained by possibly husband or wife following relationship which is deemed in states possessing a Group property program to belong to both of those spouses as undivided one particular-half interests
in the Company : property belonging to a selected particular person — qualified terminable fascination property : property passing to a surviving spouse that qualifies to the marital deduction if the executor so elects supplying which the spouse is entitled to get earnings in payments designed at the very least on a yearly basis for life Which nobody has a power to appoint any Section of the property to anyone besides the surviving wife or husband
see also antenuptial settlement Take note: In most states, upon divorce marital property is divided In line with just what the court determines is equitable. — movable property : property (as own property or crops) which can be moved — own property : property (as being a car or truck) that may be movable but not which includes crops or other methods continue to attached to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, properties, crops, or other methods nonetheless connected to or throughout the land or improvements or fixtures permanently connected to the land or possibly a composition on Additionally, it : an fascination, profit, correct, or privilege in such property
named also immovable property — different property : property of a husband or wife that's not Group property or marital property especially : property acquired by a husband or wife ahead of relationship or separately for the duration of relationship (as by present or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic value thanks to it the insurance policy plan limited property damage protection to tangible property
These illustrations are programmatically compiled from various online resources For instance present-day use from the phrase 'property.' Any thoughts expressed inside the examples do not represent those of Merriam-Webster or its editors. Send us comments about these examples.
— marital property : property acquired by either husband or wife over the course of a marriage that is certainly issue to division upon divorce
see also asset, estate, interest sense one, possession sense 1e — deserted property : property to which the proprietor has relinquished all legal rights Be aware: When property is abandoned, the owner gives up the fair expectation of privacy relating to it. The finder of deserted property is entitled to maintain it, along with a police officer may possibly get possession of abandoned property website as evidence with no violating the assurance versus unreasonable searches and seizures within the Fourth Modification towards the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy case and that is typically regarded Section of the individual bankruptcy estate : property obtained once the perfection of a lien or security interest Particularly : this sort of property obtained following the generation of the lien or stability desire that is subject for the lien or gets collateral for the safety fascination : property transferred to your estate of the decedent immediately after execution of your will — common property : property owned or used by more than one party particularly : property owned or leased by tenants in typical
ownership in indivision at ownership Be aware: The states possessing Neighborhood property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry exclusively, while in the civil legislation of Louisiana : tracts of land with their part areas — intangible property : property (for a inventory certification or Specialist license) that derives price not from its intrinsic Bodily character but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and unique top quality of a factor or a class.
a : a quality or trait belonging and especially peculiar to an individual or detail b : an impact that an object has on An additional object or around the senses c : virtue perception two d : an attribute prevalent to all users of a category
a : anything owned or possessed exclusively : a piece of real estate b : the distinctive proper to possess, appreciate, and dispose of a thing : possession c : a little something to which anyone or business enterprise contains a lawful title d : one particular (like a performer) who's below contract and whose work is very precious e : a ebook or script acquired for publication or creation
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 belief at rely on Observe: Beneath federal tax law the property must be A part of the gross estate with the surviving husband or wife at their personal death, where by it can be matter to taxation.