Indicators on constructing excellence You Should Know

common property Group property intellectual property individual property property destruction property problems coverage property ideal property tax community property

Assess tenancy in widespread at tenancy — Local community property : property held jointly by spouse and wife specifically : property especially from work acquired by possibly partner immediately after relationship that's deemed in states using a Neighborhood property process to belong to the two spouses as undivided a person-fifty percent pursuits

from the Company : property belonging to a certain person — competent terminable desire 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 earnings in payments designed at the very least yearly for all times and that not a soul has a power to appoint any Element of the property to any person aside from the surviving spouse

see also antenuptial arrangement Take note: In most states, on divorce marital property is divided In line with just what the court decides is equitable. — movable property : property (as personal property or crops) which can be moved — particular property : property (as being a car or truck) that's movable although not together with crops or other sources even now hooked up to land : property other than real property a tax on the personal property

— real property : property consisting of land, structures, crops, or other means nonetheless connected to or throughout the land or improvements or fixtures permanently connected to your land or a construction on What's more, it : an interest, advantage, appropriate, or privilege in these types of property

referred to as also immovable property — individual property : property of the wife or husband that's not community property or marital property Particularly : property acquired by a husband or wife in advance of relationship or independently through marriage (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value on account of it the insurance policies plan restricted property harm coverage to tangible property

These examples are programmatically compiled from a variety of on the web resources For example current use of the word 'property.' Any thoughts expressed inside the examples tend not to characterize those of Merriam-Webster or its editors. Deliver us comments about these examples.

— marital property : property acquired by either partner through the study course of the relationship that is certainly subject matter to division upon divorce

see also asset, estate, curiosity feeling one, possession feeling 1e — deserted property : property to which the owner has relinquished all rights Be aware: When property is abandoned, the owner provides up the affordable expectation of privacy concerning it. The finder of deserted property is entitled to maintain it, in addition to a law enforcement officer may perhaps take possession of deserted property as proof with no violating the ensure in opposition to unreasonable queries and seizures while in the Fourth Modification on the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires following the commencement of the personal bankruptcy situation and that is usually considered A part of the bankruptcy estate : property obtained once the perfection of the lien or protection curiosity Particularly : this sort of property acquired after the generation of a lien or security desire that is certainly topic to the lien or will become collateral for the security fascination : property transferred towards the estate of the decedent after execution with the will — typical property : property owned or employed by more than one bash exclusively : property owned or leased by tenants in common

possession in indivision at ownership Observe: The states having Neighborhood property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry specifically, from the civil law of Louisiana : tracts of land with their part parts — intangible property : property (to be a stock certificate or Specialist license) that derives value not from its intrinsic Actual physical nature but from what it signifies — intellectual property

of not conducting heat character relates to a peculiar and unique high-quality of a thing or a category.

a : a top quality or trait belonging and especially peculiar to someone or factor b : an outcome that an object has on A further object or on the senses c : virtue sense two d : an attribute frequent to all users of a class

a : a little something owned or possessed exclusively : a piece of real estate b : the exceptional proper to have, take pleasure in, and eliminate a point : possession c : one thing to which somebody or company provides a legal title d : one particular (such as a performer) that's below deal and whose perform is very useful e : a book or script acquired for publication or production

property indicates a characteristic that belongs into a detail's important mother nature and may be utilised to explain read more a type or species.

see also QTIP belief at have confidence in Take note: Beneath federal tax regulation the property should be A part of the gross estate from the surviving husband or wife at his / her very own Dying, exactly where it can be topic to taxation.

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