The asia property Diaries

The asia property Diaries

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widespread property Group property mental property particular property property damage property injury insurance coverage property appropriate property tax general public property

Assess tenancy in frequent at tenancy — Neighborhood property : property held jointly by husband and spouse specifically : property Primarily from employment acquired by either husband or wife soon after marriage that may be deemed in states using a Neighborhood property method to belong to the two spouses as undivided one-50 percent pursuits

with the corporation : property belonging to a selected individual — skilled terminable curiosity property : property passing to the surviving partner that qualifies for that marital deduction When the executor so elects delivering the wife or husband is entitled to obtain income in payments manufactured at least every year for life and that not a soul has a power to appoint any Component of the property to any person apart from the surviving wife or husband

see also antenuptial agreement Take note: In most states, on divorce marital property is divided In accordance with just what the courtroom establishes is equitable. — movable property : property (as personal property or crops) that could be moved — personal property : property (like a auto) that's movable although not including crops or other assets continue to attached to land : property besides real property a tax on the personal property

— real property : property consisting of land, buildings, crops, or other sources however attached to or within the land or improvements or fixtures permanently attached on the land or simply a composition on it also : an interest, advantage, correct, or privilege in these types of property

identified as also immovable property — different property : property of the husband or wife that isn't Neighborhood property or marital property Specifically : property acquired by a partner just before relationship or independently throughout marriage (as by gift or usually by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial benefit thanks to it the insurance coverage policy limited property damage coverage to tangible property

These illustrations are programmatically compiled from many on-line sources As an instance present-day usage in the term 'property.' Any viewpoints expressed within the examples tend not to stand for those of Merriam-Webster or its editors. Deliver us opinions about these illustrations.

— marital property : property acquired by either partner in the course of the class of a marriage that may be matter to division upon divorce

see also asset, estate, curiosity sense 1, possession perception 1e — deserted property : property to which the proprietor has relinquished all rights Observe: 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, and also a police officer could acquire possession of deserted property as evidence with out violating the ensure from unreasonable lookups and seizures within the Fourth Amendment into the U.S. Structure. — soon after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the personal bankruptcy situation and that's commonly thought of part of the bankruptcy estate : property acquired following the perfection of a lien or security desire In particular : these kinds of property acquired after the development of the lien or protection interest that's topic for the lien or gets collateral for the safety fascination : property transferred to your estate of the decedent just after execution of your will — common property : property owned or used by more than one party particularly : property owned or leased by tenants in typical

ownership in indivision at ownership Be aware: The states possessing Neighborhood property legal guidelines are property management award Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry exclusively, from the civil regulation of Louisiana : tracts of land with their part sections — intangible property : property (for a inventory certificate or professional license) that derives benefit not from its intrinsic Bodily mother nature but from what it represents — intellectual property

of not conducting warmth character applies to a peculiar and distinct good quality of a detail or a class.

a : a quality or trait belonging and particularly peculiar to a person or detail b : an result that an object has on One more object or about the senses c : virtue sense 2 d : an attribute popular to all customers of a category

a : anything owned or possessed particularly : a bit of real estate b : the unique suitable to possess, love, and get rid of a detail : ownership c : something to which an individual or business provides a legal title d : just one (such as a performer) that is under agreement and whose function is particularly beneficial e : a reserve or script obtained for publication or output

property implies a attribute that belongs to a issue's essential mother nature and will be applied to describe a kind or species.

see also QTIP belief at believe in Observe: Under federal tax legislation the property needs to be included in the gross estate on the surviving wife or husband at their very own Loss of life, where it is actually issue to taxation.