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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popular property community property mental property personalized property property injury property damage insurance policies property ideal property tax general public property
Examine tenancy in common at tenancy — Local community property : property held jointly by husband and spouse especially : property Particularly from work acquired by both spouse right after relationship that may be deemed in states using a community property program to belong to both spouses as undivided one particular-50 % pursuits
in the Company : property belonging to a certain person — competent terminable fascination property : property passing to the surviving spouse that qualifies for your marital deduction if the executor so elects offering which the spouse is entitled to obtain revenue in payments designed at least each year for all times Which not one person has an influence to appoint any Portion of the property to anyone other than the surviving partner
see also antenuptial settlement Note: In the majority of states, on divorce marital property is divided As outlined by what the courtroom determines is equitable. — movable property : property (as private property or crops) that could be moved — personal property : property (as being a car or truck) that may be movable but not like crops or other means still attached to land : property apart from real property a tax on the private property
— real property : property consisting of land, structures, crops, or other methods however hooked up to or throughout the land or advancements or fixtures permanently attached to the land or a construction on Furthermore, it : an desire, reward, ideal, or privilege in this kind of property
termed also immovable property — different property : property of a spouse that is not community property or marital property especially : property acquired by a wife or husband right before relationship or separately all through relationship (as by reward or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic value because of it the coverage plan limited property problems protection to tangible property
These illustrations are programmatically compiled from different on-line sources For example present use of the phrase 'property.' Any views expressed while in the examples usually do not depict All those of Merriam-Webster or its editors. Mail us feed-back about these illustrations.
— marital property : property obtained by possibly husband or wife in the course of the class of the relationship that is certainly matter to division upon divorce
see also asset, estate, interest perception one, possession perception 1e — deserted property : property to which the proprietor has relinquished all rights Note: When property is deserted, the operator provides up the sensible expectation of privateness about it. The finder of deserted property is entitled to help keep it, as well as a police officer may take possession of deserted property as proof with no violating the ensure in opposition to unreasonable searches and seizures during the Fourth Modification on the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that is usually deemed part of the bankruptcy estate : property obtained following the perfection of a lien or security fascination Primarily : these property obtained following the development of a lien or security desire that may be subject matter on the lien or gets to be collateral for the security fascination : property transferred for the estate of a decedent immediately after execution with the will — typical property : property owned or employed by multiple celebration precisely : property owned or leased by tenants in typical
possession in indivision at ownership Be aware: The states having Group property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry specifically, during the civil regulation of Louisiana : tracts of land with their element pieces — intangible property : property (for a stock certificate or Qualified license) that derives price not from read more its intrinsic physical mother nature but 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 excellent or trait belonging and especially peculiar to somebody or thing b : an influence that an object has on One more object or about the senses c : advantage feeling two d : an attribute widespread to all associates of a category
a : a thing owned or possessed especially : a bit of real estate b : the exceptional proper to have, take pleasure in, and eliminate a point : possession c : anything to which a person or small business features a authorized title d : a person (like a performer) that's under agreement and whose get the job done is especially precious e : a book or script obtained for publication or generation
property indicates a characteristic that belongs to your thing's crucial mother nature and could be used to describe a kind or species.
see also QTIP believe in at have faith in Take note: Below federal tax regulation the property should be A part of the gross estate from the surviving husband or wife at his / her personal Demise, where by it's subject matter to taxation.