The Ultimate Guide To real estate agent

widespread property community property mental property personalized property property damage property problems insurance policies property right property tax community property

Look at tenancy in typical at tenancy — Group property : property held jointly by spouse and spouse specifically : property Specially from work obtained by either partner immediately after relationship which is considered in states possessing a Group property program to belong to both equally spouses as undivided one-fifty percent pursuits

with the corporation : property belonging to a selected person — competent terminable fascination property : property passing to a surviving husband or wife that qualifies with the marital deduction In the event the executor so elects giving which the partner is entitled to get income in payments created not less than yearly for life Which no one has a power to appoint any Component of the property to anyone other than the surviving partner

see also antenuptial settlement Be aware: In the majority of states, on divorce marital property is split In accordance with just what the court docket determines is equitable. — movable property : property (as personalized property or crops) that may be moved — own property : property (being a car or truck) that's movable but not which include crops or other resources nevertheless connected to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, structures, crops, or other means nonetheless attached to or inside the land or enhancements or fixtures forever hooked up towards the land or even a structure on Furthermore, it : an desire, benefit, right, or privilege in this sort of property

named also immovable property — individual property : property of a husband or wife that's not Group property or marital property Specifically : property acquired by a partner in advance of relationship or separately all through relationship (as by reward or often by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic value as a result of it the insurance coverage policy restricted property harm coverage to tangible property

These examples are programmatically compiled from numerous on-line sources For instance existing utilization in the phrase 'property.' Any thoughts expressed within the examples don't signify These of Merriam-Webster or its editors. Send us feedback about these examples.

— marital property : property obtained by possibly wife or husband in the class of the marriage which is matter to division upon divorce

see also asset, estate, interest sense one, possession perception 1e — deserted property : property to which the proprietor has relinquished all rights Note: When property is abandoned, the operator presents up the acceptable expectation of privateness regarding it. The finder of abandoned property is entitled to keep it, in addition to a law enforcement officer may possibly get possession of abandoned property as proof with no violating the ensure towards unreasonable searches and seizures from the Fourth Amendment to the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy circumstance and that's typically regarded as part of the personal bankruptcy estate : property acquired after the perfection of the lien or protection curiosity Particularly : these types of property obtained after the creation of the lien or protection curiosity that is issue for the lien or becomes collateral for the safety fascination : property transferred for the estate of the decedent soon after execution from the will — common property : property owned or employed by more than one bash specially : property owned or leased by tenants in frequent

ownership in indivision at possession Be aware: The states owning Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry exclusively, within the civil regulation of Louisiana : tracts of land with their part parts — intangible property : property (for a stock certificate or professional license) that derives price not from its intrinsic physical mother nature but here from what it represents — mental property

of not conducting heat character relates to a peculiar and distinctive excellent of a matter or a class.

a : an outstanding or trait belonging and particularly peculiar to someone or factor b : an outcome that an object has on A further object or over the senses c : virtue perception 2 d : an attribute popular to all associates of a category

a : some thing owned or possessed specially : a piece of real estate b : the exceptional correct to possess, take pleasure in, and dispose of a point : possession c : one thing to which someone or small business features a legal title d : a person (such as a performer) that is under agreement and whose do the job is especially precious e : a book or script acquired for publication or generation

property implies 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 need to be A part of the gross estate from the surviving partner at her or his possess Loss of life, wherever it is matter to taxation.

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