How real estate agent can Save You Time, Stress, and Money.
How real estate agent can Save You Time, Stress, and Money.
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frequent property community property mental property private property property hurt property destruction coverage property appropriate property tax public property
Look at tenancy in widespread at tenancy — Group property : property held jointly by spouse and wife specially : property Specifically from work acquired by possibly partner just after relationship that is considered in states having a Local community property method to belong to each spouses as undivided just one-half passions
from the Company : property belonging to a certain person — competent terminable curiosity property : property passing to some surviving husband or wife that qualifies with the marital deduction if the executor so elects offering the partner is entitled to acquire income in payments produced at the least annually for life Which nobody has a power to appoint any Element of the property to anyone besides the surviving husband or wife
see also antenuptial agreement Notice: In most states, upon divorce marital property is divided In line with what the court decides is equitable. — movable property : property (as particular property or crops) which might be moved — personal property : property (like a vehicle) that is certainly movable although not like crops or other assets however attached to land : property in addition to real property a tax on the non-public property
— real property : property consisting of land, buildings, crops, or other resources nonetheless connected to or in the land or enhancements or fixtures completely hooked up towards the land or maybe a structure on In addition, it : an fascination, benefit, appropriate, or privilege in these property
termed also immovable property — separate property : property of the spouse that is not Neighborhood property or marital property Specifically : property obtained by a wife or husband right before relationship or separately during marriage (as by reward or normally by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial price as a result of it the coverage policy restricted property problems protection to tangible property
These examples are programmatically compiled from different on the net resources For instance recent use from the word 'property.' Any viewpoints expressed during the illustrations will not characterize All those of Merriam-Webster or its editors. Deliver us feed-back about these illustrations.
— marital property : property obtained by either spouse in the course of the study course of the marriage that's matter to division on divorce
see also asset, estate, interest sense 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 regarding it. The finder of deserted property is entitled to maintain it, in addition to a law enforcement officer might get possession of deserted property as evidence without the need of violating the warranty from unreasonable queries and seizures during the Fourth Amendment towards the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires after the commencement of the individual bankruptcy circumstance and that's typically regarded as Element of the bankruptcy estate : property acquired once the perfection of the lien or safety desire Specially : this kind of property acquired following the development of the lien or protection desire that's subject to your lien or gets collateral for the security fascination : property transferred to your estate of the decedent after execution of the will — typical property : property owned or employed by more than one party precisely : property owned or leased by tenants in widespread
possession in indivision at possession Take note: The states having community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry especially, inside the civil law of Louisiana : tracts of land with their part elements — intangible property : property (as a stock certificate or Skilled license) that derives worth not from its intrinsic Bodily character but from what it represents — intellectual property
of not conducting heat character applies to a peculiar and distinctive high quality of a thing or a category.
a : a high quality or trait belonging and especially peculiar to someone or thing b : an influence that an object has on An additional object or around the senses c : virtue sense two d : an attribute popular to all users of a category
a : a thing owned or possessed specially : a bit of real estate b : the unique suitable to possess, get pleasure check here from, and eliminate a issue : ownership c : anything to which a person or organization incorporates a authorized title d : a single (such as a performer) that's below deal and whose get the job done is particularly worthwhile e : a e-book or script obtained for publication or manufacturing
property implies a attribute that belongs to the point's necessary nature and may be utilized to explain a sort or species.
see also QTIP have confidence in at belief Take note: Less than federal tax legislation the property have to be included in the gross estate from the surviving wife or husband at his / her individual Loss of life, exactly where it is issue to taxation.