The asia property Diaries

The asia property Diaries

Blog Article

widespread property Local community property intellectual property private property property damage property harm insurance plan property correct property tax general public property

Assess tenancy in typical at tenancy — Local community property : property held jointly by husband and wife specifically : property In particular from employment acquired by possibly spouse right after relationship that may be deemed in states using a Neighborhood property procedure to belong to each spouses as undivided just one-fifty percent pursuits

from the Company : property belonging to a particular man or woman — certified terminable desire property : property passing to your surviving partner that qualifies for the marital deduction Should the executor so elects delivering that the husband or wife is entitled to receive cash flow in payments made at the least annually for all times Which no-one has an influence to appoint any A part of the property to anyone apart from the surviving husband or wife

see also antenuptial agreement Observe: In most states, upon divorce marital property is split Based on just what the court decides is equitable. — movable property : property (as own property or crops) that may be moved — own property : property (as being a car or truck) which is movable although not including crops or other means nevertheless hooked up to land : property apart from real property a tax on the private property

— real property : property consisting of land, properties, crops, or other resources nonetheless hooked up to or inside the land or enhancements or fixtures forever hooked up to the land or possibly a composition on In addition it : an desire, profit, correct, or privilege in these kinds of property

termed also immovable property — different property : property of a husband or wife that is not Neighborhood property or marital property In particular : property acquired by a partner right before relationship or individually through marriage (as by present or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price because of it the insurance policy coverage limited property harm protection to tangible property

These illustrations are programmatically compiled from many on-line sources As an instance recent use with the phrase 'property.' Any thoughts expressed while in the illustrations tend not to stand for These of Merriam-Webster or its editors. Ship us feed-back about these examples.

— marital property : property acquired by both husband or wife during the program of a relationship that may be subject to division upon divorce

see also asset, estate, interest perception one, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the proprietor offers up the fair expectation of privacy regarding it. The finder of abandoned property is entitled to maintain it, in addition to a law enforcement officer may possibly choose possession of deserted property as evidence with out violating the promise from unreasonable lookups and seizures in the Fourth Modification to the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires following the commencement of the bankruptcy situation and that is normally viewed as Element of the bankruptcy estate : property obtained following the perfection of a lien or security curiosity Primarily : these property acquired once the generation of the lien or security fascination which is topic to the lien or becomes collateral for the safety curiosity : property transferred to the estate of a decedent after execution with the will — widespread property : property owned or used by multiple bash specifically : property owned or leased by tenants in common

ownership in indivision at ownership Be aware: The states getting Neighborhood property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry specifically, from the civil legislation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (being a stock certification or Specialist license) that get more info derives worth not from its intrinsic Actual physical nature but from what it signifies — intellectual property

of not conducting heat character relates to a peculiar and distinctive good quality of the matter or a category.

a : an excellent or trait belonging and especially peculiar to an individual or matter b : an impact that an item has on An additional item or on the senses c : advantage sense two d : an attribute common to all members of a class

a : something owned or possessed specifically : a bit of real estate b : the special appropriate to possess, get pleasure from, and dispose of a issue : ownership c : some thing to which anyone or enterprise contains a legal title d : 1 (such as a performer) that's less than contract and whose get the job done is especially useful e : a reserve or script bought for publication or generation

property indicates a characteristic that belongs to your factor's vital mother nature and will be employed to describe a type or species.

see also QTIP trust at belief Observe: Underneath federal tax legislation the property has to be included in the gross estate of the surviving husband or wife at his / her personal Demise, where by it is actually issue to taxation.