The 2-Minute Rule for real estate agent

prevalent property community property mental property private property property damage property problems insurance policies property right property tax general public property

Examine tenancy in popular at tenancy — Neighborhood property : property held jointly by husband and spouse particularly : property In particular from employment obtained by either wife or husband soon after marriage that is certainly considered in states possessing a Group property process to belong to the two spouses as undivided a person-fifty percent passions

of the Company : property belonging to a particular particular person — certified terminable fascination property : property passing to some surviving wife or husband that qualifies for your marital deduction Should the executor so elects offering which the partner is entitled to acquire revenue in payments built at the least annually for life Which no-one has an influence to appoint any A part of the property to anyone other than the surviving husband or wife

see also antenuptial agreement Notice: For most states, upon divorce marital property is split Based on just what the court decides is equitable. — movable property : property (as own property or crops) that may be moved — particular property : property (as being a automobile) that may be movable although not which includes crops or other means even now hooked up to land : property apart from real property a tax on the private property

— real property : property consisting of land, structures, crops, or other resources nevertheless hooked up to or within the land or enhancements or fixtures forever attached on the land or a construction on What's more, it : an interest, reward, suitable, or privilege in this kind of property

named also immovable property — different property : property of a husband or wife that's not Group property or marital property Specifically : property obtained by a wife or husband prior to relationship or separately throughout marriage (as by reward or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial benefit due to it the insurance policies plan restricted property injury protection to tangible property

These illustrations are programmatically compiled from numerous on the internet resources For example recent utilization with the word 'property.' Any thoughts expressed while in the illustrations do not signify People of Merriam-Webster or its editors. Send out us feedback about these examples.

— marital property : property acquired by both husband or wife in the course of a marriage that is certainly issue to division upon divorce

see also asset, estate, curiosity perception one, possession perception 1e — abandoned property : property to which the owner has relinquished all rights Observe: When property is deserted, the owner gives up the realistic expectation of privateness about it. The finder of deserted property is entitled to keep it, as well as a law enforcement officer may well choose possession of abandoned property as evidence without having violating the ensure from unreasonable lookups and seizures while in 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 generally deemed Section of the individual bankruptcy estate : property obtained once the perfection of the lien or security interest Specifically : this sort of property obtained following the generation of the lien or stability desire that is subject towards the lien or becomes collateral for the security curiosity : property transferred for the estate of a decedent right after execution on the will — prevalent property : property owned or employed by multiple occasion precisely : property owned or leased by tenants in popular

possession in indivision at possession Take note: The states having community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry particularly, within the civil law of Louisiana : tracts of land with their element components — intangible property : property (as being a stock certificate or professional license) that derives value not from its intrinsic physical nature but from what it signifies — mental property

of not conducting warmth character relates to a peculiar and exclusive excellent of the matter or a category.

a : a top quality or trait belonging and especially peculiar more info to a person or point b : an result that an object has on An additional object or around the senses c : virtue perception two d : an attribute popular to all users of a category

a : a thing owned or possessed exclusively : a bit of real estate b : the distinctive proper to possess, appreciate, and dispose of a thing : possession c : a thing to which somebody or company provides a legal title d : just one (such as a performer) who is under contract and whose do the job is very beneficial e : a guide or script purchased for publication or production

property indicates a attribute that belongs into a point's important nature and could be applied to explain a kind or species.

see also QTIP have confidence in at believe in Note: Less than federal tax regulation the property have to be included in the gross estate from the surviving spouse at his / her possess Loss of life, exactly where it is issue to taxation.

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