The asia property Diaries

The asia property Diaries

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widespread property community property mental property private property property damage property problems insurance policies property correct property tax general public property

Assess tenancy in typical at tenancy — Neighborhood property : property held jointly by husband and spouse exclusively : property Particularly from work acquired by possibly husband or wife following relationship which is considered in states getting a community property process to belong to each spouses as undivided a person-fifty percent pursuits

on the Company : property belonging to a certain person — experienced terminable interest property : property passing to your surviving spouse that qualifies for that marital deduction When the executor so elects furnishing the wife or husband is entitled to receive profits in payments produced no less than yearly for all times and that no person has an influence to appoint any Portion of the property to anyone aside from the surviving wife or husband

see also antenuptial arrangement Take note: In many states, on divorce marital property is divided In line with what the courtroom establishes is equitable. — movable property : property (as private property or crops) which might be moved — individual property : property (for a car) that is definitely movable but not like crops or other resources even now hooked up to land : property apart from real property a tax on the non-public property

— real property : property consisting of land, buildings, crops, or other methods still connected to or throughout the land or improvements or fixtures completely hooked up for the land or simply a construction on What's more, it : an interest, reward, ideal, or privilege in this kind of property

identified as also immovable property — separate property : property of a wife or husband that's not community property or marital property Specially : property obtained by a spouse ahead of relationship or individually for the duration of relationship (as by gift or usually by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth on account of it the coverage policy limited property problems protection to tangible property

These illustrations are programmatically compiled from a variety of on the web resources As an example latest usage in the term 'property.' Any viewpoints expressed within the examples never represent Individuals of Merriam-Webster or its editors. Send out us feed-back about these examples.

— marital property : property acquired by both wife or husband during the course of a marriage that is subject to division on divorce

see also asset, estate, curiosity feeling 1, possession sense 1e — abandoned property : property to which the owner has relinquished all legal rights Note: When property is deserted, the operator presents up the fair expectation of privateness relating to it. The finder of deserted property is entitled to help keep it, and also a click here law enforcement officer may possibly just take possession of abandoned property as evidence with out violating the guarantee versus unreasonable lookups and seizures while in the Fourth Modification into the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy case and that is generally deemed Section of the individual bankruptcy estate : property obtained once the perfection of a lien or safety curiosity Specially : these property obtained once the generation of the lien or stability interest that's topic for the lien or gets collateral for the safety fascination : property transferred to your estate of the decedent just after execution of the will — common property : property owned or used by more than one celebration especially : property owned or leased by tenants in frequent

ownership in indivision at ownership Notice: The states obtaining Local community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry specially, from the civil regulation of Louisiana : tracts of land with their part sections — intangible property : property (for a inventory certification or Specialist license) that derives price not from its intrinsic Bodily mother 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 : an outstanding or trait belonging and particularly peculiar to someone or issue b : an outcome that an object has on Yet another object or within the senses c : virtue sense 2 d : an attribute typical to all members of a class

a : something owned or possessed specifically : a bit of real estate b : the special ideal to have, delight in, and get rid of a issue : possession c : one thing to which an individual or enterprise includes a authorized title d : 1 (such as a performer) who is less than deal and whose get the job done is particularly worthwhile e : a ebook or script obtained for publication or manufacturing

property implies a attribute that belongs to the matter's vital character and will be utilized to describe a sort or species.

see also QTIP rely on at have faith in Notice: Below federal tax law the property needs to be A part of the gross estate on the surviving partner at his or her own Dying, wherever it truly is matter to taxation.