What Does property management award Mean?
What Does property management award Mean?
Blog Article
typical property Group property mental property private property property damage property problems insurance policies property correct property tax general public property
Examine tenancy in common at tenancy — Local community property : property held jointly by husband and spouse especially : property especially from work obtained by both spouse immediately after marriage that is definitely deemed in states aquiring 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 — capable terminable curiosity property : property passing to the surviving partner that qualifies with the marital deduction In the event 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 a soul has a power to appoint any Component of the property to any person besides the surviving spouse
see also antenuptial arrangement Note: In the majority of states, on 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 — private property : property (to be a car) that is definitely movable but not like crops or other means nevertheless hooked up to land : property other than real property a tax on the private property
— real property : property consisting of land, properties, crops, or other sources however attached to or inside the land or advancements or fixtures permanently connected to your land or a construction on In addition it : an interest, benefit, appropriate, or privilege in these types of property
referred to as also immovable property — individual property : property of a partner that isn't Group property or marital property Particularly : property obtained by a wife or husband prior to marriage or separately during marriage (as by present or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price because of it the insurance coverage coverage limited property damage coverage to tangible property
These illustrations are programmatically compiled from many online sources As an instance present-day usage in the term 'property.' Any opinions expressed within the examples will not represent These of Merriam-Webster or its editors. Ship us responses about these illustrations.
— marital property : property acquired by both husband or wife in the program of a relationship that may be subject to division upon divorce
see also asset, estate, curiosity feeling one, possession perception 1e — abandoned property : property to which the owner has relinquished all rights Note: When property is abandoned, the proprietor offers up the acceptable expectation of privateness concerning it. The finder of abandoned property is entitled to keep it, plus a law enforcement officer may perhaps take possession of abandoned property as evidence without having violating the promise versus unreasonable searches and seizures within the Fourth Amendment on the U.S. Structure. — immediately after-obtained property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy situation and that is normally viewed as Component of the individual bankruptcy estate : property obtained after the perfection of a lien or security curiosity Specifically : this sort of property obtained following the generation of the lien or stability desire that website may be issue to the lien or gets to be collateral for the security curiosity : property transferred towards the estate of a decedent right after execution on the will — prevalent property : property owned or employed by multiple occasion precisely : property owned or leased by tenants in popular
possession in indivision at possession Take note: The states owning Group property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry particularly, within the civil legislation of Louisiana : tracts of land with their part sections — intangible property : property (for a inventory certification or Qualified license) that derives price not from its intrinsic Actual physical character but from what it signifies — mental property
of not conducting warmth character applies to a peculiar and exclusive good quality of a point or a class.
a : a high quality or trait belonging and especially peculiar to a person or factor b : an effect that an object has on another item or on the senses c : virtue sense 2 d : an attribute typical to all members of a class
a : something owned or possessed precisely : a bit of real estate b : the special ideal to have, delight in, and get rid of a issue : ownership c : one thing to which an individual or company has a lawful title d : a person (for instance a performer) that's underneath agreement and whose perform is especially beneficial e : a book or script procured for publication or output
property indicates a attribute that belongs into a factor's important nature and could be applied to explain a kind or species.
see also QTIP believe in at trust Note: Less than federal tax regulation the property should be A part of the gross estate on the surviving partner at his or her have Demise, exactly where it is issue to taxation.