The best Side of property management award

frequent property community property mental property personalized property property damage property problems insurance plan property appropriate property tax public property

Look at tenancy in widespread at tenancy — community property : property held jointly by partner and wife specifically : property Specially from employment acquired by possibly spouse immediately after marriage that is considered in states having a Local community property procedure to belong to the two spouses as undivided a person-fifty percent interests

on the corporation : property belonging to a certain person — experienced terminable interest property : property passing into a surviving spouse that qualifies for that marital deduction if the executor so elects delivering which the partner is entitled to acquire revenue in payments manufactured at the very least each year for all times and that not one person has a power to appoint any Component of the property to any person besides the surviving spouse

see also antenuptial arrangement Take note: In most states, upon divorce marital property is split according to exactly what the court docket establishes is equitable. — movable property : property (as private property or crops) which can be moved — personalized property : property (to be a auto) that's movable but not which includes crops or other assets continue to attached to land : property apart from real property a tax on the personal property

— real property : property consisting of land, structures, crops, or other methods continue to hooked up to or inside the land or enhancements or fixtures completely connected for the land or possibly a structure on Additionally, it : an interest, gain, suitable, or privilege in this sort of property

referred to as also immovable property — different property : property of the wife or husband that's not Group property or marital property In particular : property obtained by a husband or wife before marriage or separately all through relationship (as by gift or typically by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic financial price thanks to it the insurance coverage policy restricted property destruction coverage to tangible property

These examples are programmatically compiled from numerous on line sources As an example latest usage from the phrase 'property.' Any views expressed in the illustrations will not symbolize those of Merriam-Webster or its editors. Deliver us suggestions about these examples.

— marital property : property acquired by either wife or husband in the course of the course of a marriage that's matter to division upon divorce

see also asset, estate, interest perception one, possession feeling 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is abandoned, the owner gives up the fair expectation of privateness relating to it. The finder of deserted property is entitled to maintain it, and also a police officer may perhaps consider possession of abandoned property as evidence with no violating the warranty against unreasonable searches and seizures within the Fourth Modification to your U.S. Structure. — right after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the bankruptcy case and that is commonly deemed Portion of the individual bankruptcy estate : property obtained once the perfection of a lien or security interest Primarily : these types of property obtained following the development of a lien or stability fascination that may be subject matter for the lien or gets to be collateral for the safety curiosity : property transferred to the estate of the decedent immediately after execution with the will — widespread property : property owned or used by multiple social gathering particularly check here : property owned or leased by tenants in popular

possession in indivision at ownership Take note: The states acquiring community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry particularly, during the civil legislation of Louisiana : tracts of land with their component sections — intangible property : property (like a inventory certificate or professional license) that derives price not from its intrinsic physical mother nature but from what it represents — intellectual property

of not conducting heat character relates to a peculiar and unique quality of the factor or a class.

a : an excellent or trait belonging and especially peculiar to an individual or matter b : an result that an item has on One more object or within the senses c : virtue perception 2 d : an attribute frequent to all members of a category

a : a little something owned or possessed exclusively : a piece of real estate b : the exceptional proper to possess, delight in, and get rid of a factor : possession c : one thing to which anyone or company features a legal title d : a person (like a performer) that's beneath deal and whose do the job is very precious e : a e book or script acquired for publication or creation

property implies a characteristic that belongs to a thing's critical mother nature and should be made use of to describe a kind or species.

see also QTIP trust at belief Take note: Underneath federal tax legislation the property has to be included in the gross estate in the surviving wife or husband at his or her individual death, wherever it really is subject to taxation.

Leave a Reply

Your email address will not be published. Required fields are marked *