New Step by Step Map For real estate agent

New Step by Step Map For real estate agent

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frequent property community property intellectual property personal property property hurt property harm insurance property appropriate property tax public property

Assess tenancy in common at tenancy — Local community property : property held jointly by partner and wife exclusively : property Particularly from work obtained by either husband or wife after relationship that's deemed in states aquiring a Local community property procedure to belong to each spouses as undivided just one-half passions

of the corporation : property belonging to a selected individual — experienced terminable desire property : property passing to some surviving spouse that qualifies for your marital deduction In case the executor so elects giving that the partner is entitled to get money in payments made at the very least per year for life and that nobody has a power to appoint any Section of the property to any person aside from the surviving spouse

see also antenuptial agreement Notice: In the majority of states, upon divorce marital property is split Based on what the courtroom determines is equitable. — movable property : property (as private property or crops) which might be moved — particular property : property (as being a motor vehicle) that may be movable but not which includes crops or other methods continue to attached to land : property aside from real property a tax on the private property

— real property : property consisting of land, properties, crops, or other resources nevertheless connected to or throughout the land or improvements or fixtures permanently attached for the land or possibly a framework on Additionally, it : an interest, advantage, appropriate, or privilege in these property

termed also immovable property — different property : property of the spouse that isn't Local community property or marital property In particular : property obtained by a wife or husband ahead of marriage or individually during marriage (as by reward or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic benefit because of it the insurance coverage policy restricted property destruction protection to tangible property

These examples are programmatically compiled from a variety of on the net resources to illustrate present usage of your term 'property.' Any viewpoints expressed from the illustrations tend not to depict All those of Merriam-Webster or its editors. Send out us responses about these illustrations.

— marital property : property obtained by both husband or wife during the program of a relationship that may be issue to division on divorce

see also asset, estate, interest sense one, possession perception 1e — deserted property : property to which the proprietor has relinquished all rights Note: When property is deserted, the operator offers up the realistic expectation of privacy concerning it. The finder of abandoned property is entitled to help keep it, plus a law enforcement officer may possibly just take possession of abandoned property as evidence with out violating the guarantee versus unreasonable lookups and seizures inside the Fourth Amendment to the U.S. Structure. — immediately after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy situation and that is generally regarded as part of the individual bankruptcy estate : property obtained after the perfection of the lien or stability fascination Specifically : this kind of property obtained following the creation of the lien or stability desire that may be subject matter for the lien or gets to be collateral for the security desire : property transferred to your estate of a decedent after execution of your will — widespread property : property owned or used by multiple social gathering especially : property owned or leased by tenants in popular

ownership in indivision at ownership Observe: The states possessing community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry particularly, in the civil regulation of Louisiana : tracts of land with their part components — intangible property : property (as a inventory certificate or professional license) that derives price not from its intrinsic physical mother nature but from what it represents — mental property

of not conducting heat character applies to a peculiar and unique high quality of the matter or a class.

a : a quality or trait belonging and particularly peculiar to a person or point b : an effect that an item has on An additional item or around the senses c : advantage perception 2 d : an attribute widespread to all members of a class

a : a thing owned or possessed particularly : a bit of real estate b : the special correct to have, enjoy, and get rid of a matter : ownership c : anything to which a person or enterprise provides a lawful title d here : a single (like a performer) that's under contract and whose operate is very beneficial e : a e book or script purchased for publication or manufacturing

property indicates a attribute that belongs to some matter's essential nature and should be used to explain a type or species.

see also QTIP rely on at believe in Notice: Less than federal tax law the property need to be included in the gross estate in the surviving husband or wife at her or his have Demise, the place it is actually topic to taxation.