The Ultimate Guide To real estate agent

The Ultimate Guide To real estate agent

Blog Article

widespread property community property intellectual property personal property property problems property harm insurance property ideal property tax community property

Evaluate tenancy in prevalent at tenancy — Neighborhood property : property held jointly by husband and spouse exclusively : property Particularly from work acquired by possibly partner after marriage which is considered in states aquiring a Group property program to belong to both of those spouses as undivided one particular-fifty percent interests

on the corporation : property belonging to a certain person — skilled terminable interest property : property passing to your surviving spouse that qualifies for that marital deduction When the executor so elects offering which the spouse is entitled to get earnings in payments designed at least annually for all times Which nobody has a power to appoint any part of the property to any person apart from the surviving husband or wife

see also antenuptial agreement Note: In many states, upon divorce marital property is divided In accordance with exactly what the court docket decides is equitable. — movable property : property (as personalized property or crops) which can be moved — particular property : property (being a vehicle) that is certainly movable but not which includes crops or other means nonetheless connected to land : property in addition to 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 inside the land or enhancements or fixtures permanently attached to your land or a construction on In addition it : an desire, advantage, suitable, or privilege in this kind of property

named also immovable property — different property : property of the partner that isn't Group property or marital property Specifically : property obtained by a wife or husband prior to relationship or separately throughout marriage (as by reward or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic financial benefit because of it the insurance policy coverage limited property damage coverage to tangible property

These illustrations are programmatically compiled from many online sources For instance current use with the word 'property.' Any opinions expressed during the examples never stand for Individuals of Merriam-Webster or its editors. Mail us feedback about these illustrations.

— marital property : property obtained by either partner through the study course of a marriage that's matter to division on divorce

see also asset, estate, desire sense 1, possession perception 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is abandoned, the owner provides up the acceptable expectation of privateness relating to it. The finder of deserted property is entitled to keep it, along with a police officer may possibly choose possession of abandoned property as evidence without having violating the promise versus unreasonable lookups and seizures in the Fourth Amendment for the U.S. Structure. — soon after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy circumstance and that's usually considered A part of the personal bankruptcy estate : property acquired following the perfection of the lien or protection desire especially : this kind of property acquired following the development of the lien or protection fascination that is subject towards the lien or turns into collateral for the website security curiosity : property transferred on the estate of the decedent immediately after execution of your will — popular property : property owned or used by more than one celebration particularly : property owned or leased by tenants in typical

ownership in indivision at ownership Notice: The states possessing Neighborhood property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry particularly, within the civil law of Louisiana : tracts of land with their element elements — intangible property : property (like 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 warmth character relates to a peculiar and distinct high quality of the factor or a class.

a : a top quality or trait belonging and especially peculiar to an individual or thing b : an effect that an item has on A further item or over the senses c : advantage perception two d : an attribute widespread to all customers of a class

a : one thing owned or possessed especially : a piece of real estate b : the exclusive correct to possess, appreciate, and dispose of a thing : possession c : a little something to which someone or company includes a authorized title d : 1 (such as a performer) that's less than deal and whose get the job done is particularly useful e : a e-book or script obtained for publication or production

property implies a attribute that belongs to your issue's crucial nature and may be used to explain a sort or species.

see also QTIP have faith in at trust Note: Under federal tax regulation the property need to be included in the gross estate from the surviving spouse at his / her individual Demise, in which it's subject to taxation.