How real estate agent can Save You Time, Stress, and Money.
How real estate agent can Save You Time, Stress, and Money.
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widespread property Group property intellectual property particular property property harm property problems insurance property suitable property tax public property
Look at tenancy in frequent at tenancy — Group property : property held jointly by husband and wife precisely : property In particular from employment acquired by possibly partner just after marriage that may be deemed in states having a Local community property system to belong to equally spouses as undivided one-50 percent passions
of your corporation : property belonging to a selected particular person — capable terminable curiosity property : property passing to a surviving husband or wife that qualifies for the marital deduction In case the executor so elects supplying the spouse is entitled to obtain profits in payments produced no less than yearly for all times Which nobody has an influence to appoint any Portion of the property to any person in addition to the surviving partner
see also antenuptial settlement Note: In the majority of states, on divorce marital property is divided Based on exactly what the court docket determines is equitable. — movable property : property (as private property or crops) which might be moved — individual property : property (being a car or truck) that is movable but not which include crops or other resources nevertheless hooked up to land : property other than real property a tax on the personal property
— real property : property consisting of land, properties, crops, or other resources nonetheless connected to or in the land or advancements or fixtures permanently connected to your land or a construction on What's more, it : an desire, advantage, proper, or privilege in these property
called also immovable property — independent property : property of a partner that isn't Local community property or marital property especially : property acquired by a partner in advance of relationship or individually throughout marriage (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value due to it the insurance policies plan limited property damage coverage to tangible property
These examples are programmatically compiled from different on the web resources For example present-day usage from the phrase 'property.' Any thoughts expressed while in the illustrations never characterize Those people of Merriam-Webster or its editors. Mail us suggestions about these examples.
— marital property : property acquired by both husband or wife in the course of the study course of the relationship that is definitely issue to division on divorce
see also asset, estate, desire perception one, possession feeling 1e — deserted property : property to which the proprietor has relinquished all rights Notice: When property is abandoned, the proprietor provides up the affordable expectation of privacy regarding it. The finder of abandoned property is website entitled to keep it, along with a police officer may acquire possession of deserted property as evidence with out violating the assure against unreasonable searches and seizures in the Fourth Modification to your U.S. Structure. — soon after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a individual bankruptcy situation and that is generally thought of Element of the individual bankruptcy estate : property obtained once the perfection of the lien or security curiosity Primarily : this kind of property acquired once the generation of the lien or stability interest that's matter to your lien or results in being collateral for the security fascination : property transferred to your estate of the decedent immediately after execution from the will — typical property : property owned or used by more than one social gathering exclusively : property owned or leased by tenants in widespread
possession in indivision at ownership Be aware: The states getting community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specifically, during the civil regulation of Louisiana : tracts of land with their part areas — intangible property : property (being a stock certificate or professional license) that derives value not from its intrinsic Actual physical character but from what it represents — intellectual property
of not conducting warmth character relates to a peculiar and unique top quality of a detail or a category.
a : a high quality or trait belonging and especially peculiar to a person or thing b : an outcome that an item has on One more object or within the senses c : virtue sense 2 d : an attribute popular to all customers of a class
a : a little something owned or possessed exclusively : a piece of real estate b : the special ideal to have, get pleasure from, and get rid of a thing : possession c : some thing to which anyone or organization features a lawful title d : a person (for instance a performer) that is under deal and whose operate is especially important e : a ebook or script purchased for publication or generation
property implies a attribute that belongs to a thing's necessary nature and could be used to describe a sort or species.
see also QTIP rely on at believe in Take note: Below federal tax regulation the property has to be A part of the gross estate in the surviving wife or husband at his or her possess death, wherever it truly is topic to taxation.