The asia property Diaries

The asia property Diaries

Blog Article

prevalent property community property mental property private property property damage property destruction insurance plan property proper property tax public property

Assess tenancy in typical at tenancy — Group property : property held jointly by husband and spouse especially : property especially from work acquired by both spouse immediately after marriage that may be deemed in states aquiring a Neighborhood property procedure to belong to equally spouses as undivided one-50 percent interests

on the corporation : property belonging to a certain person — experienced terminable interest property : property passing to your surviving spouse that qualifies for that marital deduction When the executor so elects giving that the husband or wife is entitled to receive cash flow in payments made at the least annually for all times Which no-one has an influence to appoint any A part of the property to anyone other than the surviving husband or wife

see also antenuptial agreement Notice: For most states, upon divorce marital property is split Based on just what the court decides is equitable. — movable property : property (as personal property or crops) which can be moved — own property : property (like a car or truck) that's movable although not together with crops or other sources 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 methods still attached to or in the land or advancements or fixtures permanently connected into the land or perhaps a framework on it also : an curiosity, gain, right, or privilege in this sort of property

termed also immovable property — separate property : property of a wife or husband that is not Neighborhood property or marital property In particular : property acquired by a partner ahead of relationship or individually for the duration of relationship (as by gift or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic worth as a consequence of it the insurance policy restricted property problems protection to tangible property

These examples are programmatically compiled from a variety of on the net sources For instance recent use of the word 'property.' Any thoughts expressed from the illustrations don't symbolize All those of Merriam-Webster or its editors. Mail us suggestions about these examples.

— marital property : property obtained by possibly wife or husband throughout the training course of the relationship that may be subject to division upon divorce

see also asset, estate, curiosity feeling one, possession perception 1e — abandoned property : property to which the owner has relinquished all rights Notice: When property is deserted, the operator gives up the affordable expectation of privacy regarding it. The finder of deserted property is entitled to maintain it, in addition to a police officer might just take possession of deserted property as proof without here violating the assure towards 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 a personal bankruptcy scenario and that's ordinarily considered A part of the bankruptcy estate : property acquired following the perfection of the lien or protection fascination In particular : these types of property acquired after the creation of a lien or safety curiosity which is matter on the lien or will become collateral for the safety desire : property transferred into the estate of the decedent after execution of the will — typical property : property owned or used by more than one party precisely : property owned or leased by tenants in prevalent

ownership in indivision at possession Observe: The states obtaining Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, in the civil law of Louisiana : tracts of land with their component components — intangible property : property (like a stock certification or Skilled license) that derives benefit not from its intrinsic Actual physical nature but from what it signifies — mental property

of not conducting warmth character applies to a peculiar and unique good quality of a point or a class.

a : a top quality or trait belonging and especially peculiar to a person or point b : an impact that an object has on A different object or over the senses c : advantage sense two d : an attribute typical to all associates of a class

a : some thing owned or possessed particularly : a piece of real estate b : the distinctive right to possess, love, and dispose of a detail : possession c : a little something to which an individual or company features a legal title d : one particular (for instance a performer) who's less than agreement and whose do the job is especially worthwhile e : a e-book or script obtained for publication or manufacturing

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

see also QTIP rely on at have faith in Notice: Less than federal tax law the property have to be A part of the gross estate from the surviving husband or wife at his or her very own Dying, where it's subject to taxation.