Indicators on constructing excellence You Should Know

Indicators on constructing excellence You Should Know

Blog Article

popular property Neighborhood property intellectual property individual property property destruction property hurt insurance policies property proper property tax public property

Look at tenancy in prevalent at tenancy — Neighborhood property : property held jointly by husband and spouse especially : property Particularly from work acquired by either wife or husband soon after marriage that is considered in states possessing a Group property technique to belong to each spouses as undivided a person-50 percent interests

with the corporation : property belonging to a particular particular person — certified terminable desire property : property passing to some surviving wife or husband that qualifies to the marital deduction When the executor so elects giving that the spouse is entitled to get income in payments designed at the very least on a yearly basis for life Which no-one has an influence to appoint any Portion of the property to anyone aside from the surviving spouse

see also antenuptial arrangement Note: In the majority of states, on divorce marital property is divided In keeping with exactly what the court decides is equitable. — movable property : property (as personal property or crops) which can be moved — particular property : property (as being a motor vehicle) that is movable although not together with crops or other assets still connected to land : property besides 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 advancements or fixtures forever connected to your land or perhaps a construction on In addition it : an curiosity, gain, right, or privilege in this kind of property

identified 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 before marriage or independently all through marriage (as by gift or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value as a result of it the coverage policy restricted property hurt protection to tangible property

These illustrations are programmatically compiled from numerous on the web resources For example current usage in the phrase 'property.' Any viewpoints expressed inside the illustrations never signify Individuals of Merriam-Webster or its editors. Send out us feed-back about these illustrations.

— marital property : property acquired by either spouse through the system of the relationship that may be subject to division upon divorce

see also asset, estate, curiosity sense 1, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Be aware: When property is abandoned, the proprietor provides up the realistic expectation of privateness relating to it. The finder of deserted property is entitled to maintain it, in addition to a law enforcement officer may perhaps get possession of abandoned property as evidence without having violating the ensure in opposition to unreasonable queries and seizures while in the Fourth Modification to your U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy circumstance and that's ordinarily thought of Element of the individual bankruptcy estate : property obtained once the perfection of the lien or stability desire Specially : these kinds of property obtained following the creation of a lien or protection fascination that is certainly matter on the lien or turns into collateral for the security interest : property transferred into the estate of the decedent immediately after execution with the will — prevalent property : property owned or utilized by more than one party specifically : property owned or leased by tenants in popular

possession in indivision at possession Be aware: The states getting Group property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry exclusively, inside the civil law of Louisiana : tracts of land with their ingredient sections — intangible property : property (like a stock certification or Qualified license) that derives price not from its intrinsic physical mother nature but from what it represents — intellectual property

of not conducting warmth character relates to a peculiar and unique quality of the factor or a category.

a : an outstanding or trait belonging and especially peculiar to an individual or detail b : an influence that an object has on A further item or within the senses c : advantage feeling two d : an attribute prevalent to all associates of a class

a : a thing owned or possessed exclusively : a piece of real estate b : the exceptional proper to have, delight in, and dispose of a detail : ownership c : something to which anyone or enterprise has a lawful title d : a single (for instance a performer) who's under check here deal and whose function is very worthwhile e : a book or script ordered for publication or manufacturing

property indicates a characteristic that belongs to your issue's important mother nature and may be applied to describe a sort or species.

see also QTIP have confidence in at trust Notice: Under federal tax legislation the property must be A part of the gross estate of the surviving partner at his or her very own Dying, in which it is actually matter to taxation.