The best Side of property management award

frequent property Neighborhood property mental property individual property property damage property hurt insurance property ideal property tax public property

Look at tenancy in widespread at tenancy — Neighborhood property : property held jointly by partner and spouse especially : property especially from work acquired by possibly partner following relationship that's deemed in states getting a Local community property system to belong to both equally spouses as undivided 1-50 % interests

with the corporation : property belonging to a selected individual — skilled terminable interest property : property passing into a surviving partner that qualifies with the marital deduction When the executor so elects giving which the wife or husband is entitled to get income in payments manufactured a minimum of per year for life Which no-one has an influence to appoint any A part of the property to anyone in addition to the surviving spouse

see also antenuptial arrangement Note: In the majority of states, upon divorce marital property is split according to what the courtroom decides is equitable. — movable property : property (as particular property or crops) that can be moved — individual property : property (for a car) that is definitely movable but 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 methods continue to attached to or throughout the land or improvements or fixtures permanently connected for the land or maybe a composition on it also : an curiosity, gain, suitable, or privilege in these types of property

called also immovable property — independent property : property of a partner that isn't Local community property or marital property Specially : property obtained by a husband or wife right before relationship or separately all through relationship (as by present or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic economic value due to it the insurance policies coverage limited property problems coverage to tangible property

These examples are programmatically compiled from a variety of on the web sources As an instance present-day utilization of the term 'property.' Any thoughts expressed while in the illustrations do not signify Those people of Merriam-Webster or its editors. Ship us comments about these examples.

— marital property : property obtained by both spouse during the course of a relationship that is subject to division on divorce

see also asset, estate, fascination feeling 1, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Notice: When property is abandoned, the operator offers up the sensible expectation of privacy about it. The finder of deserted property is entitled to help keep it, as well as a police officer may consider possession of deserted property as proof without violating the assure in opposition to unreasonable queries and seizures from the Fourth Modification to the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy case and that's ordinarily thought of Component of the individual bankruptcy estate : property obtained following the perfection of a lien or security desire In particular : these kinds of property acquired after the creation of the lien or protection curiosity that's matter to the lien or results in being collateral for the security interest : property transferred to the estate of the decedent just after execution from the will — typical property : property owned or used by multiple get together especially : property owned or leased by tenants in get more info typical

possession in indivision at possession Be aware: The states having Group property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry precisely, from the civil law of Louisiana : tracts of land with their component areas — intangible property : property (as a inventory certificate or Specialist license) that derives value not from its intrinsic Bodily mother nature but from what it represents — mental property

of not conducting heat character relates to a peculiar and distinctive excellent of a detail or a category.

a : a high quality or trait belonging and particularly peculiar to a person or detail b : an effect that an item has on An additional item or within the senses c : advantage feeling 2 d : an attribute prevalent to all associates of a class

a : a thing owned or possessed precisely : a piece of real estate b : the exclusive suitable to possess, love, and get rid of a factor : ownership c : something to which somebody or company contains a legal title d : a person (like a performer) that's below deal and whose do the job is very precious e : a ebook or script acquired for publication or generation

property implies a characteristic that belongs to the point's critical nature and should be used to explain a sort or species.

see also QTIP have confidence in at belief Be aware: Underneath federal tax law the property has to be A part of the gross estate from the surviving husband or wife at his / her personal Loss of life, exactly where it is issue to taxation.

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