The asia property Diaries

The asia property Diaries

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typical property community property intellectual property personal property property destruction property problems insurance plan property appropriate property tax public property

Assess tenancy in common at tenancy — community property : property held jointly by partner and wife especially : property Particularly from work acquired by either husband or wife soon after marriage that is definitely deemed in states aquiring a Local community property program to belong to both spouses as undivided just one-fifty percent pursuits

of your corporation : property belonging to a specific particular person — skilled terminable desire property : property passing to some surviving wife or husband that qualifies for the marital deduction In the event the executor so elects providing that the partner is entitled to acquire earnings in payments designed a minimum of per 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: For most states, upon divorce marital property is split Based on just what the courtroom determines is equitable. — movable property : property (as own property or crops) which can be moved — personal property : property (for a automobile) that is movable although not together with crops or other assets nonetheless hooked up to land : property apart from real property a tax on the non-public property

— real property : property consisting of land, structures, crops, or other resources however attached to or in the land or improvements or fixtures forever attached into the land or even a composition on Furthermore, it : an interest, gain, correct, or privilege in these property

known as also immovable property — individual property : property of a husband or wife that's not Neighborhood property or marital property Primarily : property acquired by a wife or husband prior to marriage or independently during marriage (as by present or typically by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price thanks to it the insurance coverage coverage limited property harm coverage to tangible property

These illustrations are programmatically compiled from various on-line sources As an example latest use from the word 'property.' Any views expressed during the examples do not represent These of Merriam-Webster or its editors. Send us suggestions about these examples.

— marital property : property acquired by both partner in the course of the class of a marriage which is 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 legal rights Observe: When property is deserted, the operator gives up the reasonable expectation of privacy regarding it. The finder of abandoned property is entitled to help keep it, and also a law enforcement officer may perhaps take possession of abandoned property as evidence with out violating the ensure in opposition to unreasonable queries and seizures from the Fourth Modification to the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy case and that is usually considered part of the bankruptcy estate : property obtained once the perfection of the lien or stability desire Specifically : this sort of property obtained following the creation of a lien or stability fascination that's subject to the lien or results in being collateral for the safety curiosity : property transferred for the estate of the decedent just after execution with the will — prevalent property : property owned or utilized by more than one get together especially : property owned or leased by tenants in common

possession in indivision at ownership Be aware: The states getting community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry precisely, from the civil regulation of Louisiana : tracts of land with their part areas — intangible property : property (like a stock certification or Expert license) that derives benefit not from its intrinsic Bodily mother nature but from what it signifies — intellectual property

of not conducting warmth character applies to a peculiar and distinct good quality of a matter or a class.

a : a quality or trait belonging and particularly peculiar to an individual or detail b : an result that an item has on One more object or over the senses c : virtue perception 2 d : an attribute prevalent to all associates of a category

a : one thing owned or possessed precisely : a piece of real estate b : the exceptional right to possess, delight in, and dispose of a matter : ownership c : a little something to which somebody or enterprise contains a lawful title d : just one (such as a performer) who's underneath deal and whose perform is very valuable e : a ebook or script procured for publication or manufacturing

property implies a attribute that belongs to a point's necessary nature and should be used click here to describe a sort or species.

see also QTIP believe in at have faith in Take note: Below federal tax regulation the property must be included in the gross estate with the surviving spouse at her or his have death, the place it is actually topic to taxation.