Considerations To Know About real estate agent
Considerations To Know About real estate agent
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frequent property Local community property intellectual property own property property hurt property harm insurance property suitable property tax public property
compare tenancy in widespread at tenancy — Neighborhood property : property held jointly by partner and wife specifically : property Specially from employment obtained by either wife or husband right after relationship that is certainly deemed in states using a Neighborhood property process to belong to the two spouses as undivided a person-50 percent interests
with the corporation : property belonging to a certain individual — capable terminable curiosity property : property passing to the surviving partner that qualifies with the marital deduction In the event the executor so elects offering that the husband or wife is entitled to receive cash flow in payments made no less than yearly for all times and that not one person has a power to appoint any Section of the property to anyone aside from the surviving wife or husband
see also antenuptial agreement Observe: In most states, on divorce marital property is split In accordance with just what the court establishes is equitable. — movable property : property (as personal property or crops) which can be moved — own property : property (like a auto) that's movable although not including crops or other assets however attached to land : property aside from real property a tax on the non-public property
— real property : property consisting of land, structures, crops, or other assets continue to attached to or in the land or advancements or fixtures permanently connected into the land or even a framework on it also : an curiosity, gain, right, or privilege in this sort of property
identified as also immovable property — different property : property of a husband or wife that's not community property or marital property Specially : property obtained by a spouse ahead of relationship or individually in the course of relationship (as by reward or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value due to it the insurance plan plan restricted property injury protection to tangible property
These illustrations are programmatically compiled from numerous on the internet resources to illustrate present utilization with the word 'property.' Any opinions expressed while in the examples tend not to characterize Those people of Merriam-Webster or its editors. Send us comments about these examples.
— marital property : property acquired by either spouse over the system of the relationship that is certainly subject matter to division on divorce
see also asset, estate, interest sense 1, possession sense 1e — abandoned property : property to which the owner has relinquished all rights Note: When property is abandoned, the proprietor offers up the reasonable expectation of privacy regarding it. The finder of deserted property is entitled to maintain it, in addition to a police officer could just take possession of deserted property as proof without violating the assure in opposition to unreasonable queries and seizures from the Fourth Modification into the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of the personal bankruptcy circumstance and that's usually regarded as Portion of the personal bankruptcy estate : property obtained following read more the perfection of the lien or stability desire Primarily : such property acquired after the creation of a lien or safety curiosity that is certainly subject matter to your lien or will become collateral for the safety desire : property transferred into the estate of the decedent after execution of the will — popular property : property owned or used by more than one celebration particularly : property owned or leased by tenants in frequent
ownership in indivision at ownership Notice: The states obtaining Local community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry specially, from the civil regulation of Louisiana : tracts of land with their ingredient sections — intangible property : property (to be a stock certification or Skilled license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property
of not conducting heat character applies to a peculiar and unique good quality of a point or a class.
a : a top quality or trait belonging and particularly peculiar to a person or point b : an result that an object has on Yet another object or around the senses c : virtue sense 2 d : an attribute common to all members of a category
a : a little something owned or possessed precisely : a bit of real estate b : the exceptional appropriate to possess, take pleasure in, and get rid of a factor : ownership c : something to which a person or business contains a lawful title d : just one (like a performer) that is below contract and whose work is very important e : a e book or script acquired for publication or manufacturing
property implies a characteristic that belongs to the detail's necessary character and will be employed to describe a type or species.
see also QTIP belief at rely on Observe: Beneath federal tax legislation the property must be A part of the gross estate with the surviving husband or wife at their personal death, where by it is actually subject matter to taxation.