The best Side of property management award

The best Side of property management award

Blog Article

prevalent property Local community property mental property own property property hurt property injury insurance policy property correct property tax public property

Look at tenancy in widespread at tenancy — Local community property : property held jointly by husband and spouse specially : property In particular from employment obtained by both spouse immediately after marriage that's considered in states having a Local community property program to belong to both of those spouses as undivided 1-50 % passions

of the Company : property belonging to a particular man or woman — certified terminable desire property : property passing to some surviving wife or husband that qualifies for your marital deduction Should the executor so elects offering which the partner is entitled to get earnings in payments designed at the least on a yearly basis for life Which no one has a power to appoint any Section of the property to any person apart from the surviving husband or wife

see also antenuptial agreement Notice: For most states, upon divorce marital property is split In line with just what the court docket determines is equitable. — movable property : property (as particular property or crops) that can be moved — private property : property (as a motor vehicle) that is movable but not together with crops or other sources nonetheless connected to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, structures, crops, or other resources even now attached to or inside the land or advancements or fixtures forever attached towards the land or maybe a structure on Additionally, it : an fascination, advantage, appropriate, or privilege in these types of property

called also immovable property — separate property : property of a partner that isn't Group property or marital property Primarily : property acquired by a partner in advance of relationship or individually in the course of relationship (as by reward or often by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic financial benefit because of it the insurance policy coverage limited property harm protection to tangible property

These illustrations are programmatically compiled from various online sources As an example recent use from the phrase 'property.' Any viewpoints expressed from the examples tend not to stand for These of Merriam-Webster or its editors. Ship us feed-back about these examples.

— marital property : property acquired by both husband or wife during the program of a relationship that may be subject to division upon divorce

see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Observe: When property is deserted, the owner gives up the sensible expectation of privateness about it. The finder of deserted property is entitled to keep it, as well as a law enforcement officer may possibly choose possession of abandoned property as evidence without having violating the promise from unreasonable lookups and seizures in the Fourth Amendment on the U.S. Constitution. — right after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy case and that is typically regarded Component of the individual bankruptcy estate : property obtained once the perfection of a lien or security interest Primarily : such property acquired following the development of a lien or protection fascination that is definitely issue into the 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 social gathering specially : property owned or leased by tenants in prevalent

possession in indivision at possession Take note: The states owning Group property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specifically, within the civil law of Louisiana : tracts of land with their component components — intangible property : property (to be a stock certificate or Expert license) that derives value not from its intrinsic physical nature but from what it represents — intellectual property

of not conducting heat character applies to a peculiar and distinct quality of the detail or a category.

a : an excellent or trait belonging and particularly peculiar to somebody or matter b : an influence that an item has on A different item or about the senses c : advantage click here sense two d : an attribute common to all customers of a category

a : some thing owned or possessed especially : a piece of real estate b : the exceptional correct to possess, love, and get rid of a detail : ownership c : a little something to which someone or organization incorporates a authorized title d : a single (such as a performer) who is under deal and whose do the job is very worthwhile e : a ebook or script obtained for publication or manufacturing

property implies a attribute that belongs to the matter's vital character and will be utilized to explain a sort or species.

see also QTIP have faith in at have faith in Be aware: Below federal tax law the property needs to be A part of the gross estate on the surviving partner at his or her own Dying, wherever it truly is matter to taxation.