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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popular property Local community property intellectual property own property property damage property damage insurance coverage property ideal property tax community property
Evaluate tenancy in frequent at tenancy — Group property : property held jointly by spouse and spouse especially : property especially from work obtained by either husband or wife immediately after marriage that is definitely considered in states having a Local community property process to belong to the two spouses as undivided a person-half interests
on the Company : property belonging to a certain human being — competent terminable fascination property : property passing to a surviving partner that qualifies with the marital deduction When the executor so elects furnishing that the spouse is entitled to receive revenue in payments built at the very least on a yearly basis for life Which no one has a power to appoint any Portion of the property to anyone other than the surviving spouse
see also antenuptial arrangement Observe: In the majority of states, upon divorce marital property is split according to what the courtroom establishes is equitable. — movable property : property (as individual property or crops) which can be moved — individual property : property (for a vehicle) which is movable although not which includes crops or other means nonetheless connected to land : property other than real property a tax on the private property
— real property : property consisting of land, properties, crops, or other sources even now hooked up to or throughout the land or advancements or fixtures forever hooked up towards the land or maybe a structure on In addition, it : an fascination, gain, right, or privilege in this kind of property
identified as also immovable property — independent property : property of the husband or wife that isn't community property or marital property especially : property acquired by a partner in advance of relationship or individually all through relationship (as by gift or often by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic financial benefit thanks to it the insurance coverage coverage limited property problems protection to tangible property
These illustrations are programmatically compiled from several on the internet resources For instance existing utilization in the word 'property.' Any thoughts expressed while in the illustrations don't signify These of Merriam-Webster or its editors. Deliver us feed-back about these illustrations.
— marital property : property obtained by both wife or husband through the course of the marriage that is certainly subject matter to division upon divorce
see also asset, estate, desire perception one, possession sense 1e — deserted property : property to which the operator has relinquished all rights Notice: When property is deserted, the operator presents up the reasonable expectation of privacy regarding it. The finder of deserted property is entitled to maintain it, in addition to a police officer might get possession of deserted property as proof devoid of violating the guarantee towards unreasonable queries and seizures while in the Fourth Modification to your U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy case and that is typically regarded Section of the personal bankruptcy estate : property acquired after the perfection of the lien or stability desire Primarily : these types of property obtained following the development of a lien or security interest that is issue to the lien or results in being collateral for the safety fascination : property transferred on the estate of a decedent after execution of your will — prevalent property : property owned or utilized by more than one celebration specifically : property owned or leased by tenants in popular
possession in indivision at ownership Note: The states owning Local community property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry particularly, while in 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 value not from its intrinsic Actual physical character but from what it represents — mental property
of not conducting warmth character applies to a peculiar and distinct excellent of a thing or a class.
a : a top quality or trait belonging and especially peculiar to an individual or issue b : an impact that an item has on A different object or on the senses c : advantage sense two d : an attribute widespread to all associates of a class
a : a little something owned or possessed exclusively : a piece of real estate b : the special appropriate to possess, love, and get rid of a factor : possession c : one thing to which a person or business enterprise incorporates a legal title d : just one (like a performer) that's beneath contract and whose get the job done is especially important e : a ebook or script bought for publication or generation
property implies a attribute that belongs to some detail's crucial mother nature and will be made use of to describe a sort or species.
see also QTIP get more info have confidence in at trust Notice: Under federal tax legislation the property must be included in the gross estate of the surviving husband or wife at his / her possess death, the place it is matter to taxation.