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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widespread property Neighborhood property intellectual property personal property property destruction property hurt insurance plan property appropriate property tax public property
compare tenancy in prevalent at tenancy — Neighborhood property : property held jointly by partner and wife particularly : property In particular from employment obtained by both spouse just after relationship that's considered in states getting a community property process to belong to equally spouses as undivided 1-50 % passions
of your corporation : property belonging to a particular man or woman — certified terminable desire property : property passing into a surviving wife or husband that qualifies to the marital deduction if the executor so elects giving that the wife or husband is entitled to obtain cash flow in payments made no less than yearly for all times and that no person has a power to appoint any Component 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 As outlined by what the courtroom determines is equitable. — movable property : property (as personalized property or crops) which might be moved — private property : property (to be a car) that may be movable but not like crops or other means nevertheless hooked up to land : property besides real property a tax on the personal property
— real property : property consisting of land, structures, crops, or other means nonetheless hooked up to or within the land or enhancements or fixtures forever hooked up for the land or simply a structure on In addition, it : an desire, benefit, proper, or privilege in these types of property
known as also immovable property — individual property : property of the spouse that isn't Local community property or marital property especially : property acquired by a husband or wife right before marriage or separately throughout marriage (as by reward or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic price thanks to it the insurance coverage coverage limited property problems coverage to tangible property
These examples are programmatically compiled from several online sources As an example latest use of the word 'property.' Any thoughts expressed while in the illustrations never represent These of Merriam-Webster or its editors. Send us suggestions about these examples.
— marital property : property acquired by either partner through the system of the relationship that may be issue to division upon divorce
see also asset, estate, curiosity perception one, possession sense 1e — abandoned property : property to which the owner has relinquished all legal rights Observe: When property is abandoned, the owner provides up the realistic expectation of privacy concerning it. The finder of deserted property is entitled to help keep it, and also a law enforcement officer may well just take possession of abandoned property as evidence without violating the assure towards unreasonable searches and seizures inside the Fourth Amendment to your U.S. Constitution. — after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a individual bankruptcy circumstance and that's normally deemed Component of the individual bankruptcy estate : property acquired after the perfection of a lien or safety curiosity Specially : these property obtained once the generation of the lien or stability interest that is topic towards the lien or turns into collateral for the security curiosity : property transferred on the estate of the decedent soon after execution in the will — popular property : property owned or utilized by multiple social gathering specifically : property owned or leased by tenants in popular
ownership in indivision at possession Notice: The states having Local community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry especially, in the civil legislation of Louisiana : tracts of land with their element pieces — intangible property : property (for a stock certification or Expert license) that derives benefit not from its intrinsic Bodily nature but from what it represents — mental property
of not conducting heat character relates to a peculiar and unique high-quality of a thing or a category.
a : a quality or trait belonging and particularly peculiar to an individual or issue b : an effect that an item has on Yet another item or around the senses c : advantage perception 2 d : an attribute widespread to all users of a class
a : one thing owned or possessed precisely : a piece of real estate b : the exceptional ideal to possess, delight in, and eliminate a point : possession c : click here a little something to which an individual or business enterprise features a authorized title d : one (such as a performer) that is less than contract and whose operate is very useful e : a e book or script purchased for publication or creation
property indicates a attribute that belongs to the factor's vital mother nature and may be employed to describe a sort or species.
see also QTIP trust at trust Be aware: Underneath federal tax regulation the property must be included in the gross estate on the surviving wife or husband at his / her personal Loss of life, wherever it is actually topic to taxation.