New Step by Step Map For real estate agent

New Step by Step Map For real estate agent

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widespread property community property mental property own property property hurt property harm insurance property suitable property tax community property

Evaluate tenancy in popular at tenancy — Local community property : property held jointly by partner and wife specifically : property In particular from employment obtained by possibly partner just after relationship that is certainly considered in states getting a Group property technique to belong to each spouses as undivided one-fifty percent interests

of the Company : property belonging to a certain person — experienced terminable interest property : property passing into a surviving spouse that qualifies for that marital deduction When the executor so elects giving that the wife or husband is entitled to acquire earnings in payments built at the very least on a yearly basis for life Which no person has a power to appoint any Section of the property to any person aside from the surviving wife or husband

see also antenuptial agreement Notice: For most states, upon divorce marital property is divided according to exactly what the court docket decides is equitable. — movable property : property (as own property or crops) which can be moved — own property : property (as being a car or truck) that is definitely movable although not which includes crops or other methods continue to attached to land : property besides real property a tax on the non-public property

— real property : property consisting of land, structures, crops, or other assets still connected to or inside the land or advancements or fixtures forever attached towards the land or maybe a composition on Additionally, it : an curiosity, gain, right, or privilege in this sort of property

identified as also immovable property — different property : property of the wife or husband that is not Local community property or marital property especially : property acquired by a spouse prior to marriage or independently through relationship (as by reward or usually by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic price as a consequence of it the insurance policy restricted property injury protection to tangible property

These illustrations are programmatically compiled from many on-line sources to illustrate present utilization in the phrase 'property.' Any views expressed from the examples usually do not characterize Those people of Merriam-Webster or its editors. Send us suggestions about these examples.

— marital property : property acquired by either partner through the system of a marriage that is definitely issue to division upon divorce

see also asset, estate, curiosity feeling 1, possession sense 1e — deserted property : property to which the operator has relinquished all legal rights Observe: When property is abandoned, the owner offers up the sensible expectation of privacy regarding it. The finder of abandoned property is entitled to keep it, along with a police officer might get possession of deserted property as evidence with no violating the assurance versus unreasonable searches and seizures within the Fourth Amendment for the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy situation and that is usually considered here part of the personal bankruptcy estate : property obtained once the perfection of the lien or safety interest especially : these types of property obtained following the creation of the lien or stability fascination that is certainly matter to your lien or becomes collateral for the security interest : property transferred towards the estate of a decedent right after execution in the will — widespread property : property owned or utilized by multiple occasion exclusively : property owned or leased by tenants in frequent

ownership in indivision at possession Notice: The states getting Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry specially, while in the civil law of Louisiana : tracts of land with their ingredient sections — intangible property : property (being a stock certification or Specialist license) that derives value not from its intrinsic Bodily character but from what it signifies — mental property

of not conducting warmth character applies to a peculiar and unique top quality of a detail or a category.

a : a high quality or trait belonging and particularly peculiar to someone or factor b : an outcome that an item has on A further item or to the senses c : advantage feeling two d : an attribute widespread to all customers of a class

a : a thing owned or possessed especially : a bit of real estate b : the distinctive right to have, appreciate, and eliminate a factor : possession c : one thing to which a person or organization provides a authorized title d : one particular (like a performer) who's under deal and whose do the job is very worthwhile e : a book or script bought for publication or output

property implies a attribute that belongs to a issue's essential character and should be employed to describe a type or species.

see also QTIP trust at belief 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 own Demise, where it truly is issue to taxation.