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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prevalent property community property mental property personalized property property harm property destruction insurance policies property correct property tax public property
Look at tenancy in widespread at tenancy — community property : property held jointly by spouse and wife precisely : property Specifically from work acquired by both spouse immediately after marriage which is deemed in states aquiring a Neighborhood property procedure to belong to equally spouses as undivided one-50 % pursuits
of the corporation : property belonging to a selected particular person — capable terminable curiosity property : property passing into a surviving partner that qualifies for that marital deduction if the executor so elects furnishing that the husband or wife is entitled to acquire profits in payments made at the least per year for all times Which nobody has an influence to appoint any A part of the property to any person in addition to the surviving partner
see also antenuptial settlement Note: In the majority of states, upon divorce marital property is divided In keeping with exactly what the courtroom establishes is equitable. — movable property : property (as private property or crops) that could be moved — personal property : property (being a auto) that may be movable but not together with crops or other assets continue to attached to land : property apart from real property a tax on the private property
— real property : property consisting of land, properties, crops, or other means nonetheless connected to or within the land or improvements or fixtures permanently connected for the land or even a structure on it also : an interest, profit, ideal, or privilege in such property
known as also immovable property — separate property : property of the wife or husband that is not Neighborhood property or marital property In particular : property obtained by a wife or husband right before relationship or separately throughout marriage (as by gift or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic value on account of it the insurance coverage policy restricted property harm protection to tangible property
These illustrations are programmatically compiled from a variety of on the web sources to illustrate present-day use on the word 'property.' Any opinions expressed during the illustrations do not represent those of Merriam-Webster or its editors. Mail us suggestions about these illustrations.
— marital property : property obtained by possibly husband or wife in the course of a marriage click here that is definitely issue to division upon divorce
see also asset, estate, curiosity feeling one, possession perception 1e — deserted property : property to which the owner has relinquished all rights Notice: When property is deserted, the operator provides up the reasonable expectation of privacy regarding it. The finder of deserted property is entitled to maintain it, as well as a police officer may well take possession of abandoned property as evidence devoid of violating the assurance towards unreasonable searches and seizures in the Fourth Modification on the U.S. Structure. — just after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a individual bankruptcy scenario and that's generally deemed Section of the individual bankruptcy estate : property obtained once the perfection of a lien or security interest Specifically : this sort of property obtained following the development of the lien or protection desire that may be issue to the lien or becomes collateral for the security interest : property transferred towards the estate of a decedent right after execution in the will — widespread property : property owned or utilized by multiple occasion particularly : property owned or leased by tenants in popular
ownership in indivision at ownership Notice: The states acquiring Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry precisely, during the civil regulation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (to be a inventory certification or Experienced license) that derives benefit not from its intrinsic physical nature but from what it represents — intellectual property
of not conducting heat character relates to a peculiar and distinct high-quality of the matter or a category.
a : an outstanding or trait belonging and particularly peculiar to someone or issue b : an result that an object has on Yet another object or within the senses c : advantage feeling two d : an attribute common to all associates of a category
a : something owned or possessed especially : a bit of real estate b : the exclusive appropriate to possess, get pleasure from, and dispose of a matter : ownership c : a thing to which an individual or business enterprise incorporates a legal title d : one particular (such as a performer) that is below deal and whose function is very useful e : a reserve or script acquired for publication or production
property indicates a attribute that belongs to some issue's essential character and should be made use of to describe a type or species.
see also QTIP have confidence in at trust Be aware: Underneath federal tax law the property should be included in the gross estate of the surviving wife or husband at her or his have Loss of life, the place it is actually topic to taxation.