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 community property intellectual property individual property property problems property hurt insurance plan property suitable property tax public property
Look at tenancy in typical at tenancy — community property : property held jointly by partner and spouse specifically : property Primarily from work obtained by both wife or husband immediately after marriage that's considered in states using a Group property technique to belong to the two spouses as undivided one particular-fifty percent pursuits
of the Company : property belonging to a certain particular person — certified terminable desire property : property passing to your surviving wife or husband that qualifies for that marital deduction In the event the executor so elects offering that the wife or husband is entitled to receive income in payments designed at the least yearly for all times and that not a soul has a power to appoint any part of the property to anyone other than the surviving wife or husband
see also antenuptial arrangement Take note: In many states, on divorce marital property is divided In accordance with exactly what the courtroom establishes is equitable. — movable property : property (as particular property or crops) that could be moved — individual property : property (as a motor vehicle) that is definitely movable but not together with crops or other sources continue to connected to land : property in addition to real property a tax on the personal property
— real property : property consisting of land, properties, crops, or other sources continue to attached to or in the land or improvements or fixtures forever attached on the land or a construction on In addition it : an curiosity, profit, appropriate, or privilege in these kinds of property
called also immovable property — separate property : property of the spouse that isn't Neighborhood property or marital property Specially : property obtained by a spouse ahead of relationship or individually in the course of relationship (as by gift or usually by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth as a consequence of it the insurance coverage coverage limited property damage coverage to tangible property
These illustrations are programmatically compiled from many on-line sources As an instance current usage in the phrase 'property.' Any viewpoints expressed in the illustrations do not symbolize People of Merriam-Webster or its editors. Send out us feedback about these examples.
— marital property : property acquired by both partner in the course of the class of the relationship that is definitely issue to division on divorce
see also asset, estate, curiosity feeling one, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the owner provides up the realistic expectation of privateness relating to it. The finder of deserted property is entitled to help keep it, plus a law enforcement officer may well choose possession of deserted property as proof without the need of violating the guarantee against unreasonable searches and seizures within the Fourth Amendment towards the U.S. Constitution. — following-obtained property : property (as proceeds) that a debtor acquires after the commencement of the personal bankruptcy situation and that is generally considered part of the individual bankruptcy estate : property obtained following the perfection of a lien or safety curiosity Particularly : such property obtained once the development of a lien or safety interest that is subject matter on the lien or turns into collateral for the security interest : property transferred into the estate of the decedent right after execution from the will — popular property : property owned or utilized by more than one occasion exclusively : property owned or leased by tenants in widespread
ownership in indivision at read more possession Observe: The states obtaining Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, while in the civil law of Louisiana : tracts of land with their component sections — intangible property : property (being a stock certification or Specialist license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property
of not conducting heat character applies to a peculiar and unique good quality of a detail or a class.
a : a quality or trait belonging and particularly peculiar to a person or detail b : an impact that an object has on A different object or to the senses c : virtue perception two d : an attribute prevalent to all associates of a category
a : some thing owned or possessed precisely : a bit of real estate b : the unique ideal to possess, enjoy, and eliminate a point : possession c : some thing to which anyone or enterprise has a authorized title d : just one (like a performer) who is beneath contract and whose get the job done is especially precious e : a e-book or script procured for publication or creation
property implies a characteristic that belongs to a point's vital nature and should be utilised to describe a sort or species.
see also QTIP have faith in at trust Take note: Underneath federal tax law the property have to be A part of the gross estate of the surviving wife or husband at his / her have Loss of life, wherever it can be subject to taxation.