The smart Trick of asia property That No One is Discussing

The smart Trick of asia property That No One is Discussing

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widespread property community property mental property personalized property property harm property destruction coverage property appropriate property tax community property

Examine tenancy in common at tenancy — Local community property : property held jointly by husband and spouse specifically : property In particular from employment acquired by possibly spouse soon after marriage which is considered in states getting a community property technique to belong to each spouses as undivided just one-half pursuits

from the Company : property belonging to a particular man or woman — qualified terminable fascination property : property passing to some surviving husband or wife that qualifies for your marital deduction If your executor so elects offering which the partner is entitled to acquire earnings in payments designed a minimum of per year for life Which no one has a power to appoint any Element of the property to any person besides the surviving spouse

see also antenuptial arrangement Note: In many states, on divorce marital property is split In line with what the courtroom establishes is equitable. — movable property : property (as individual property or crops) which might be moved — individual property : property (for a vehicle) that is certainly movable although not which includes crops or other methods nonetheless connected to land : property in addition to real property a tax on the private property

— real property : property consisting of land, properties, crops, or other resources even now hooked up to or inside the land or enhancements or fixtures permanently attached towards the land or even a composition on Furthermore, it : an fascination, profit, ideal, or privilege in these property

referred to as also immovable property — individual property : property of the wife or husband that isn't community property or marital property Particularly : property acquired by a spouse just before relationship or separately all through marriage (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial worth due to it the insurance plan plan restricted property hurt protection to tangible property

These examples are programmatically compiled from different on the internet sources to illustrate current utilization here of your word 'property.' Any viewpoints expressed in the examples never stand for Those people of Merriam-Webster or its editors. Send out us responses about these examples.

— marital property : property acquired by possibly partner through the training course of a relationship that is definitely subject matter to division on divorce

see also asset, estate, desire perception one, possession feeling 1e — deserted property : property to which the proprietor has relinquished all rights Be aware: When property is deserted, the proprietor presents up the acceptable expectation of privacy regarding it. The finder of abandoned property is entitled to maintain it, and also a police officer could take possession of deserted property as proof without having violating the ensure against unreasonable queries and seizures while in the Fourth Modification to the U.S. Structure. — soon after-acquired property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy circumstance and that is usually viewed as Portion of the individual bankruptcy estate : property obtained after the perfection of the lien or safety desire Specially : this sort of property obtained following the creation of a lien or stability curiosity that is certainly topic to the lien or gets collateral for the security fascination : property transferred for the estate of the decedent soon after execution from the will — popular property : property owned or utilized by more than one party precisely : property owned or leased by tenants in prevalent

ownership in indivision at ownership Take note: The states possessing community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry specially, in the civil legislation of Louisiana : tracts of land with their ingredient areas — intangible property : property (as a stock certification or Skilled license) that derives benefit not from its intrinsic Bodily character but from what it represents — intellectual property

of not conducting heat character applies to a peculiar and distinctive high quality of a factor or a class.

a : a quality or trait belonging and especially peculiar to somebody or detail b : an outcome that an item has on A further item or to the senses c : advantage feeling 2 d : an attribute frequent to all associates of a class

a : some thing owned or possessed particularly : a piece of real estate b : the exclusive ideal to have, love, and get rid of a detail : ownership c : a little something to which an individual or small business features a lawful title d : one (like a performer) that's under agreement and whose get the job done is especially useful e : a e book or script bought for publication or generation

property implies a characteristic that belongs to the point's critical nature and should be used to explain a sort or species.

see also QTIP have confidence in at rely on Be aware: Underneath federal tax law the property have to be A part of the gross estate of the surviving husband or wife at his / her own Loss of life, where by it's subject matter to taxation.