Considerations To Know About real estate agent
Considerations To Know About real estate agent
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prevalent property Neighborhood property intellectual property individual property property destruction property problems insurance policies property right property tax general public property
Assess tenancy in frequent at tenancy — Neighborhood property : property held jointly by partner and spouse especially : property Particularly from work acquired by either wife or husband just after marriage that is considered in states getting a community property process to belong to each spouses as undivided a person-fifty percent interests
with the corporation : property belonging to a certain person — capable terminable curiosity property : property passing to a surviving wife or husband that qualifies to the marital deduction In case the executor so elects supplying which the husband or wife is entitled to receive profits in payments produced no less than every year for life and that not a soul has a power to appoint any Element of the property to any person besides the surviving spouse
see also antenuptial arrangement Note: In the majority of states, upon divorce marital property is divided In keeping with exactly what the court docket determines is equitable. — movable property : property (as own property or crops) which can be moved — personal property : property (being a vehicle) that may be movable but not together with crops or other sources continue to attached to land : property aside from real property a tax on the private property
— real property : property consisting of land, buildings, crops, or other assets nonetheless connected to or within the land or enhancements or fixtures forever hooked up towards the land or maybe a structure on In addition, it : an desire, advantage, suitable, or privilege in this kind of property
named also immovable property — individual property : property of the partner that isn't Local community property or marital property Particularly : property obtained by a spouse just before relationship or individually all through marriage (as by gift or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price on account of it the insurance policy restricted property hurt coverage to tangible property
These examples are programmatically compiled from several online sources For instance recent use of your word 'property.' Any opinions expressed inside the illustrations will not stand for those of Merriam-Webster or its editors. Ship us responses about these examples.
— marital property : property acquired by possibly wife or husband throughout the system of the relationship that may be subject to division upon divorce
see also asset, estate, interest perception 1, possession feeling 1e — deserted property : property to which the operator has relinquished all rights Be aware: When property is deserted, the operator gives up the affordable expectation of privacy relating to it. The finder of abandoned property is entitled to keep it, plus a police here officer may possibly just take possession of deserted property as proof without the need of violating the assure in opposition to unreasonable queries and seizures during the Fourth Modification towards the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy situation and that is generally regarded Section of the personal bankruptcy estate : property obtained after the perfection of a lien or protection fascination Primarily : this kind of property acquired after the generation of the lien or protection curiosity which is subject matter into the lien or becomes collateral for the security curiosity : property transferred for the estate of a decedent immediately after execution from the will — common property : property owned or used by multiple occasion exclusively : property owned or leased by tenants in typical
possession in indivision at possession Notice: The states possessing Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry particularly, in the civil regulation of Louisiana : tracts of land with their element components — intangible property : property (to be a inventory certificate or Experienced license) that derives benefit not from its intrinsic Actual physical nature but from what it signifies — intellectual property
of not conducting warmth character applies to a peculiar and distinct top quality of the point or a category.
a : a top quality or trait belonging and especially peculiar to someone or detail b : an result that an item has on Yet another item or around the senses c : advantage feeling two d : an attribute frequent to all users of a class
a : some thing owned or possessed specifically : a bit of real estate b : the exclusive suitable to possess, enjoy, and get rid of a thing : possession c : something to which somebody or enterprise contains a authorized title d : a person (like a performer) who is beneath contract and whose operate is especially precious e : a e-book or script purchased for publication or creation
property indicates a characteristic that belongs to your factor's vital nature and will be made use of to describe a kind or species.
see also QTIP trust at have faith in Note: Beneath federal tax regulation the property needs to be A part of the gross estate with the surviving wife or husband at his or her individual Demise, the place it truly is topic to taxation.