New Step by Step Map For real estate agent

New Step by Step Map For real estate agent

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common property Neighborhood property intellectual property particular property property hurt property destruction insurance property appropriate property tax public property

Assess tenancy in frequent at tenancy — Group property : property held jointly by husband and spouse particularly : property Specially from employment obtained by possibly wife or husband right after relationship which is considered in states possessing a Local community property system to belong to both spouses as undivided one particular-50 % passions

with the Company : property belonging to a particular man or woman — certified terminable fascination property : property passing to some surviving husband or wife that qualifies for the marital deduction When the executor so elects furnishing the wife or husband is entitled to obtain money in payments created at least every year for all times and that not one person has a power to appoint any Section of the property to anyone other than the surviving husband or wife

see also antenuptial agreement Observe: In most states, upon divorce marital property is divided In keeping with what the court docket determines is equitable. — movable property : property (as personalized property or crops) that can be moved — personal property : property (as being a motor vehicle) that is movable although not including crops or other assets continue to attached to land : property apart from real property a tax on the private property

— real property : property consisting of land, buildings, crops, or other sources however attached to or in the land or advancements or fixtures permanently connected into the land or a construction on What's more, it : an interest, reward, correct, or privilege in this sort of property

identified as also immovable property — different property : property of a partner that isn't Group property or marital property Particularly : property acquired by a husband or wife right before marriage or individually for the duration of relationship (as by reward or generally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic financial worth as a consequence of it the insurance coverage policy limited property destruction coverage to tangible property

These illustrations are programmatically compiled from numerous online sources For instance existing usage in the word 'property.' Any opinions expressed inside the examples will not symbolize All those of Merriam-Webster or its editors. Send us comments about these examples.

— marital property : property acquired by both partner over the study course of the relationship that is certainly matter to division on divorce

see also asset, estate, desire sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the proprietor offers up the fair expectation of privateness relating to it. The finder of deserted property is entitled to maintain it, and a police officer could just take possession of deserted property as proof without having violating the promise from unreasonable lookups and seizures in the Fourth Amendment towards the U.S. Constitution. read more — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the bankruptcy case and that is typically deemed Section of the individual bankruptcy estate : property obtained once the perfection of the lien or security interest Particularly : this sort of property acquired following the development of the lien or protection fascination that may be issue to the lien or becomes collateral for the security interest : property transferred towards the estate of the decedent immediately after execution in the will — common property : property owned or used by multiple social gathering particularly : property owned or leased by tenants in common

possession in indivision at ownership Take note: The states acquiring Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry specially, inside the civil law of Louisiana : tracts of land with their part areas — intangible property : property (for a inventory certificate or Experienced license) that derives worth not from its intrinsic physical mother nature but from what it represents — mental property

of not conducting warmth character relates to a peculiar and distinct good quality of the matter or a class.

a : an outstanding or trait belonging and particularly peculiar to someone or factor b : an outcome that an object has on another item or around the senses c : advantage feeling 2 d : an attribute frequent to all associates of a category

a : some thing owned or possessed specially : a piece of real estate b : the special appropriate to have, delight in, and eliminate a issue : ownership c : a thing to which a person or business enterprise includes a lawful title d : a person (for instance a performer) that is beneath agreement and whose perform is particularly beneficial e : a guide or script purchased for publication or output

property indicates a attribute that belongs into a point's important nature and could be applied to explain a kind or species.

see also QTIP believe in at believe in Note: Under federal tax legislation the property needs to be included in the gross estate with the surviving spouse at their have death, exactly where it's subject to taxation.