The asia property Diaries

The asia property Diaries

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widespread property community property intellectual property individual property property destruction property problems insurance policies property correct property tax general public property

Assess tenancy in typical at tenancy — Group property : property held jointly by spouse and wife specially : property Specifically from employment obtained by either husband or wife following relationship which is considered in states aquiring a Neighborhood property method to belong to both equally spouses as undivided a single-50 % passions

of the Company : property belonging to a particular man or woman — certified terminable curiosity property : property passing to the surviving husband or wife that qualifies for the marital deduction When the executor so elects delivering that the wife or husband is entitled to obtain money in payments made no less than each year for all times and that nobody has an influence to appoint any part of the property to any person besides the surviving wife or husband

see also antenuptial agreement Observe: In most states, upon divorce marital property is split Based on exactly what the court docket decides is equitable. — movable property : property (as particular property or crops) that can be moved — particular property : property (as being a car or truck) that's movable although not such as crops or other sources however hooked up to land : property apart from real property a tax on the private property

— real property : property consisting of land, buildings, crops, or other sources however hooked up to or within the land or enhancements or fixtures forever hooked up towards the land or possibly a composition on Additionally, it : an fascination, gain, proper, or privilege in these types of property

referred to as also immovable property — different property : property of a partner that isn't Group property or marital property Primarily : property obtained by a wife or husband just before relationship or separately throughout relationship (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic economic worth on account of it the insurance policies plan limited property damage protection to tangible property

These illustrations are programmatically compiled from several on line sources For instance existing utilization on the phrase 'property.' Any views expressed while in the illustrations never signify Individuals of Merriam-Webster or its editors. Send us feedback about these examples.

— marital property : property acquired by both wife or husband throughout the training course of the relationship that is subject to division upon divorce

see also asset, estate, curiosity feeling 1, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the proprietor presents up the reasonable expectation of privacy concerning it. The finder of deserted property is entitled to keep it, along with a police officer may possibly acquire possession of deserted property as proof without violating the assure towards unreasonable queries and seizures while in the Fourth Modification to your U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy circumstance and that is typically regarded Component of the individual bankruptcy estate : property obtained once the perfection of the lien or protection fascination Specially : these types of property obtained once the generation of a lien or safety curiosity which is matter for the lien or gets collateral for the safety curiosity : property transferred for the estate of the decedent right after execution in the will — frequent property : property owned or utilized by more than one party specifically : property owned or leased by tenants in popular

possession in indivision at possession Notice: The states possessing community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry exclusively, inside the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (for a inventory certificate or professional license) that derives benefit not from its intrinsic Actual physical character but from what it represents — intellectual property

of not conducting heat character relates to a peculiar and distinct excellent of the point or a class.

a : a high quality or trait belonging and particularly peculiar to someone or matter b : an outcome that an item has on Yet another object or to the senses c : virtue sense two d : an attribute common to all users of a category

a : a thing owned or possessed especially : a piece of real estate b : the distinctive proper to have, get pleasure from, and get rid of a factor : possession c : one thing to which an individual or company has a authorized title d : a single (such as a performer) that's beneath contract and whose get the job done is particularly beneficial e : a reserve or script procured for publication or creation

property implies a attribute that belongs website to some thing's vital nature and will be made use of to describe a sort or species.

see also QTIP have confidence in at belief Take note: Less than federal tax regulation the property must be included in the gross estate in the surviving wife or husband at their own Demise, exactly where it can be subject to taxation.