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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typical property Neighborhood property intellectual property particular property property harm 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 possibly spouse just after marriage that may be considered in states having a Local community property system to belong to each spouses as undivided a single-50 percent passions
on the Company : property belonging to a selected person — competent terminable fascination property : property passing into a surviving husband or wife that qualifies for the marital deduction In case the executor so elects supplying which the spouse is entitled to get money in payments manufactured at least every year for life and that not a soul has a power to appoint any Component of the property to any person besides the surviving spouse
see also antenuptial arrangement Take note: In many states, on divorce marital property is divided As outlined by what the courtroom establishes is equitable. — movable property : property (as individual property or crops) that could be moved — personal property : property (being a auto) which is movable although not including crops or other assets continue to attached to land : property apart from real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other assets continue to attached to or inside the land or enhancements or fixtures forever attached for the land or maybe a structure on In addition, it : an fascination, profit, correct, or privilege in these kinds of property
identified as also immovable property — separate property : property of a partner that isn't Local community property or marital property especially : property acquired by a partner ahead of relationship or separately during marriage (as by gift or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic economic price thanks to it the insurance coverage coverage restricted property hurt protection to tangible property
These illustrations are programmatically compiled from many online sources As an example recent use with the term 'property.' Any viewpoints expressed during the illustrations do not signify Individuals of Merriam-Webster or its editors. Ship us opinions about these illustrations.
— marital property : property obtained by both husband or wife in the class of the relationship that may be issue to division on divorce
see also asset, estate, desire perception 1, possession feeling 1e — abandoned property : property to which the proprietor has relinquished all rights Notice: When property is abandoned, the proprietor provides up the acceptable expectation of privateness relating to it. The finder of abandoned property is entitled to help keep it, as well as a police officer could get possession of abandoned property as evidence with out violating the warranty versus unreasonable lookups and seizures from the Fourth Modification on the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that is usually thought of Element of the individual bankruptcy estate : property acquired after the perfection of the lien or stability fascination Specifically : this sort of property acquired once the generation of a lien or security interest that may be subject matter on the lien or gets collateral for the security desire : property transferred to your estate of the decedent right after execution in the will — common property : property owned or employed by multiple get together specifically : property owned or leased by tenants in common
possession in indivision at ownership Note: The states owning community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry precisely, while in the civil law of Louisiana : tracts of land with their ingredient areas — intangible property : property (as being a inventory certificate or Expert license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property
of not conducting heat character relates to a check here peculiar and unique quality of the factor or a category.
a : a top quality or trait belonging and particularly peculiar to someone or thing b : an influence that an object has on A further object or over the senses c : virtue perception 2 d : an attribute popular to all associates of a category
a : anything owned or possessed particularly : a bit of real estate b : the exclusive ideal to possess, love, and get rid of a detail : ownership c : a little something to which someone or business includes a authorized title d : a person (like a performer) who is underneath contract and whose operate is especially worthwhile e : a reserve or script acquired for publication or production
property implies a attribute that belongs to some detail's vital mother nature and will be applied to describe a kind or species.
see also QTIP trust at have faith in Note: Below federal tax regulation the property should be A part of the gross estate of your surviving partner at her or his own Loss of life, wherever it's matter to taxation.