The best Side of asia property

The best Side of asia property

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frequent property Group property mental property own property property problems property injury insurance coverage property correct property tax general public property

Evaluate tenancy in widespread at tenancy — Group property : property held jointly by husband and spouse precisely : property Particularly from employment obtained by possibly spouse soon after relationship that is considered in states having a Group property program to belong to both spouses as undivided just one-fifty percent pursuits

on the corporation : property belonging to a certain individual — skilled terminable interest property : property passing to some surviving husband or wife that qualifies with the marital deduction In the event the executor so elects furnishing which the spouse is entitled to receive earnings in payments designed a minimum of each year for all times Which nobody has a power to appoint any Portion of the property to any person besides the surviving wife or husband

see also antenuptial agreement Observe: In most states, upon divorce marital property is divided As outlined by just what the court decides is equitable. — movable property : property (as personal property or crops) which can be moved — personalized property : property (as a automobile) that is certainly movable although not which include crops or other methods still attached to land : property apart from real property a tax on the private property

— real property : property consisting of land, properties, crops, or other means nonetheless connected to or throughout the land or improvements or fixtures completely connected for the land or simply a framework on In addition it : an curiosity, gain, right, or privilege in these kinds of property

called also immovable property — individual property : property of the wife or husband that's not community property or marital property Specifically : property acquired by a husband or wife in advance of relationship or separately all through relationship (as by present or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial worth due to it the insurance policies coverage limited property hurt coverage to tangible property

These illustrations are programmatically compiled from different on the internet sources As an example recent utilization in the word 'property.' Any opinions expressed in the illustrations never represent those of Merriam-Webster or its editors. Send us feedback about these illustrations.

— marital property : property obtained by both partner throughout the program of a marriage that is definitely subject to division on divorce

see read more also asset, estate, desire feeling one, possession feeling 1e — abandoned property : property to which the owner has relinquished all legal rights Observe: When property is abandoned, the owner gives up the reasonable expectation of privateness relating to it. The finder of deserted property is entitled to help keep it, plus a police officer might just take possession of deserted property as proof without the need of violating the assurance in opposition to unreasonable queries and seizures inside the Fourth Amendment towards the U.S. Constitution. — just after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy circumstance and that's ordinarily thought of Component of the personal bankruptcy estate : property acquired after the perfection of a lien or security desire Primarily : these property obtained following the development of a lien or safety interest that is certainly matter on the lien or gets collateral for the security curiosity : property transferred to the estate of the decedent soon after execution in the will — common property : property owned or utilized by more than one bash specially : property owned or leased by tenants in typical

possession in indivision at ownership Note: The states acquiring Neighborhood property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry particularly, during the civil legislation of Louisiana : tracts of land with their component areas — intangible property : property (as a inventory certificate or Experienced license) that derives price not from its intrinsic physical mother nature but from what it represents — mental property

of not conducting heat character relates to a peculiar and distinctive high-quality of the factor or a category.

a : a high quality or trait belonging and particularly peculiar to a person or factor b : an influence that an object has on One more item or within the senses c : advantage sense 2 d : an attribute popular to all members of a class

a : a little something owned or possessed particularly : a bit of real estate b : the exclusive appropriate to have, appreciate, and get rid of a detail : ownership c : a thing to which a person or enterprise provides a legal title d : one particular (such as a performer) that is below deal and whose function is particularly important e : a ebook or script purchased for publication or creation

property indicates a characteristic that belongs into a detail's important mother nature and may be employed to explain a type or species.

see also QTIP have faith in at belief Note: Below federal tax law the property need to be A part of the gross estate from the surviving husband or wife at his / her personal Loss of life, wherever it is matter to taxation.