New Step by Step Map For real estate agent

New Step by Step Map For real estate agent

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widespread property Group property mental property personalized property property hurt property harm insurance coverage property right property tax general public property

Evaluate tenancy in popular at tenancy — Local community property : property held jointly by husband and spouse particularly : property Primarily from employment obtained by either husband or wife right after relationship that is certainly deemed in states getting a Group property system to belong to equally spouses as undivided a person-half passions

with the Company : property belonging to a particular individual — competent terminable fascination property : property passing to your surviving spouse that qualifies to the marital deduction If your executor so elects furnishing that the husband or wife is entitled to receive cash flow in payments made at the least annually for all times Which nobody has a power to appoint any Element of the property to any person besides the surviving wife or husband

see also antenuptial arrangement Observe: For most states, on divorce marital property is split according to what the courtroom establishes is equitable. — movable property : property (as own property or crops) that can be moved — personal property : property (like a auto) that may be movable but not which includes crops or other assets continue to attached to land : property other than real property a tax on the personal property

— real property : property consisting of land, buildings, crops, or other resources still attached to or within the land or advancements or fixtures permanently attached for the land or maybe a structure on In addition, it : an curiosity, advantage, proper, or privilege in these kinds of property

identified as also immovable property — different property : property of the husband or wife that's not Neighborhood property or marital property Primarily : property acquired by a spouse prior to marriage or individually throughout marriage (as by present or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial price as a consequence of it the coverage policy restricted property damage coverage to tangible property

These examples are programmatically compiled from different on the net resources For example current usage from the word 'property.' Any thoughts expressed inside the examples tend not to depict All those of Merriam-Webster or its editors. Send out us feed-back about these illustrations.

— marital property : property acquired by possibly spouse throughout the training course of a marriage that may be subject matter to division on divorce

see also asset, estate, fascination feeling 1, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Notice: When property is deserted, the operator gives up the sensible expectation of privateness relating to it. The finder of deserted property is entitled to maintain it, along with a police officer may possibly acquire possession of deserted property as evidence with out violating the ensure from unreasonable lookups and seizures during the Fourth check here Amendment towards the U.S. Constitution. — right after-obtained property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy case and that is generally regarded Section of the individual bankruptcy estate : property obtained once the perfection of a lien or security fascination Specifically : such property acquired once the generation of a lien or safety interest that is issue into the lien or results in being collateral for the safety fascination : property transferred on the estate of a decedent following execution of the will — common property : property owned or employed by multiple get together particularly : property owned or leased by tenants in common

possession in indivision at ownership Be aware: The states having Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry exclusively, within the civil law of Louisiana : tracts of land with their part areas — intangible property : property (as being a inventory certification or Expert license) that derives value not from its intrinsic Actual physical nature but from what it signifies — intellectual property

of not conducting heat character relates to a peculiar and exclusive quality of the point 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 A different object or over the senses c : advantage perception two d : an attribute typical to all users of a class

a : something owned or possessed specially : a piece of real estate b : the exceptional proper to have, get pleasure from, and dispose of a issue : ownership c : a little something to which someone or company contains a authorized title d : a person (like a performer) that's beneath contract and whose operate is very beneficial e : a reserve or script acquired for publication or production

property indicates a attribute that belongs into a detail's vital nature and should be used to explain a sort or species.

see also QTIP have faith in at trust Notice: Less than federal tax law the property need to be included in the gross estate on the surviving spouse at their have death, wherever it is subject matter to taxation.