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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prevalent property Neighborhood property intellectual property own property property injury property damage insurance property appropriate property tax public property
Review tenancy in common at tenancy — Local community property : property held jointly by husband and spouse particularly : property especially from work acquired by possibly partner following relationship that is definitely deemed in states aquiring a Local community property method to belong to both of those spouses as undivided one particular-50 % passions
of the Company : property belonging to a particular human being — competent terminable desire property : property passing into a surviving spouse that qualifies for that marital deduction if the executor so elects providing which the husband or wife is entitled to obtain income in payments built no less than each year for all times and that not one person has a power to appoint any Element of the property to any person in addition to the surviving partner
see also antenuptial arrangement Note: In many states, upon divorce marital property is split In accordance with just what the courtroom establishes is equitable. — movable property : property (as individual property or crops) that could be moved — personal property : property (being a auto) which is movable although not which includes crops or other methods nonetheless connected to land : property in addition to real property a tax on the personal 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 to your land or perhaps a framework on it also : an curiosity, reward, suitable, or privilege in such property
referred to as also immovable property — different property : property of a partner that's not Group property or marital property especially : property acquired by a husband or wife before marriage or independently all through marriage (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth on account of it the insurance policy restricted property hurt protection to tangible property
These illustrations are programmatically compiled from various on the internet resources As an instance current usage of the word 'property.' Any viewpoints expressed in the examples usually do not characterize Those people of Merriam-Webster or its editors. Send us suggestions about these examples.
— marital property : property obtained by both husband or wife in the program of a marriage which is matter to division on divorce
see also asset, estate, fascination perception one, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Observe: When property is deserted, the operator presents up the reasonable expectation of privacy concerning it. The finder of abandoned property is entitled to keep it, along with a police officer may possibly choose possession of deserted property as proof devoid of violating the warranty against unreasonable queries and seizures inside the Fourth Amendment towards the U.S. Structure. — after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that is generally regarded as Portion of the bankruptcy estate : property obtained once the perfection of the lien or protection curiosity Specifically : this sort of property acquired after the generation of the lien or security interest that may be issue on the lien or becomes collateral for the safety curiosity : property transferred into the estate of the decedent following execution of your will — typical property : property owned or utilized by multiple get together specifically : property owned or leased by tenants in frequent
ownership in indivision at possession Be aware: The states owning community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry particularly, in the civil regulation of Louisiana : tracts of land with their part elements — intangible property : property (as being a inventory certification or Skilled license) that derives worth not from its intrinsic physical mother nature but from what it represents — intellectual property
of not conducting warmth character applies to a peculiar and distinctive high-quality of the factor or a class.
a : an excellent or trait belonging and particularly peculiar to a person or factor b : an effect that an item has on A different object or around the senses c : advantage perception 2 d : an attribute common to all users of a class
a : a little something owned or possessed specially : a piece of real estate b : the exclusive appropriate to possess, love, and get rid of a thing : possession c : one thing to which a person or business enterprise includes a legal title d : one particular (such as a performer) that is under deal and whose function is very beneficial e : a reserve or script obtained for publication or output
property implies a attribute that belongs to some matter's important mother nature and may be utilised to describe a kind or species.
see also QTIP trust at rely on Note: Beneath federal tax regulation the property has to be A part of the gross estate from the surviving husband or wife at his or her possess Dying, the place it get more info is actually matter to taxation.