A Review Of asia property

common property Neighborhood property intellectual property particular property property injury property destruction insurance plan property proper property tax general public property

Assess tenancy in common at tenancy — Local community property : property held jointly by husband and spouse especially : property especially from work acquired by both spouse soon after marriage that is definitely deemed in states aquiring a Neighborhood property procedure to belong to the two spouses as undivided a person-fifty percent pursuits

of your corporation : property belonging to a selected particular person — capable terminable interest property : property passing into a surviving spouse that qualifies to the marital deduction if the executor so elects delivering which the partner is entitled to acquire revenue in payments built at the very least on a yearly basis for life Which no one has a power to appoint any Element of the property to any person in addition to the surviving spouse

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) which might be moved — individual property : property (for a vehicle) that is certainly movable although not such as crops or other methods nonetheless connected to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, structures, crops, or other means nevertheless hooked up to or within the land or enhancements or fixtures forever attached on the land or simply a composition on it also : an interest, gain, ideal, or privilege in this kind of property

known as also immovable property — independent property : property of a partner that isn't Local community property or marital property Particularly : property obtained by a spouse just before relationship or individually for the duration of relationship (as by gift or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price because of it the insurance policy plan restricted property injury protection to tangible property

These illustrations are programmatically compiled from numerous on the net resources For instance recent utilization of the word 'property.' Any views expressed from the examples don't depict Those people of Merriam-Webster or its editors. Send us comments about these illustrations.

— marital property : property obtained by either partner in the course of the study course of the marriage that's matter to division on divorce

see also asset, estate, desire perception 1, possession sense 1e — abandoned property : property to which the proprietor has relinquished all rights Observe: When property is deserted, the operator presents up the affordable expectation of privateness concerning it. The finder of deserted property is entitled to keep it, along with a police officer may possibly just take possession of deserted property as proof devoid of violating the warranty against unreasonable searches and seizures within the Fourth Amendment for the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy circumstance and that's ordinarily thought of part of the bankruptcy estate : property obtained once the perfection of the lien or stability fascination Particularly : this kind of property acquired after the creation of the lien or protection fascination that is certainly subject matter on the lien or gets collateral for the security curiosity : property transferred for the estate of a decedent after execution of the will — popular property : property owned or employed by multiple social gathering especially : property owned or leased by tenants in frequent

ownership in indivision at possession Take note: The states acquiring Local community property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, in the civil regulation of Louisiana : tracts of land with their part elements — intangible property : property (as being a stock certification or Specialist license) that derives worth not from its intrinsic physical mother nature but from what it represents — intellectual property

of not conducting warmth character relates to a peculiar and unique high-quality here of the point or a class.

a : an excellent or trait belonging and particularly peculiar to an individual or detail b : an influence that an object has on another object or around the senses c : advantage feeling 2 d : an attribute popular to all customers of a class

a : a little something owned or possessed specially : a piece of real estate b : the exclusive suitable to possess, enjoy, and get rid of a factor : possession c : one thing to which a person or small business includes a lawful title d : one particular (such as a performer) who's below deal and whose operate is especially precious e : a guide or script ordered for publication or manufacturing

property indicates a characteristic that belongs to the point's critical character and could be employed to explain a type or species.

see also QTIP belief at have confidence in Take note: Below federal tax regulation the property should be A part of the gross estate of the surviving husband or wife at his / her very own Dying, exactly where it can be topic to taxation.