asia property - An Overview

asia property - An Overview

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popular property Local community property mental property personalized property property harm property destruction insurance plan property proper property tax general public property

Assess tenancy in typical at tenancy — Local community property : property held jointly by husband and spouse exclusively : property especially from work acquired by both spouse immediately after marriage that may be deemed in states aquiring a Neighborhood property procedure to belong to the two spouses as undivided a person-fifty percent pursuits

in the Company : property belonging to a specific human being — competent terminable desire property : property passing into a surviving spouse that qualifies to the marital deduction if the executor so elects delivering that the partner is entitled to acquire revenue in payments built at the very least on a yearly basis for life Which nobody has an influence to appoint any Component of the property to any person aside from the surviving spouse

see also antenuptial arrangement Take note: In many states, on divorce marital property is divided In line with what the courtroom establishes is equitable. — movable property : property (as individual property or crops) that could be moved — personal property : property (like a auto) that's movable although not including crops or other assets continue to attached to land : property besides real property a tax on the non-public property

— real property : property consisting of land, structures, crops, or other means nonetheless connected to or throughout the land or improvements or fixtures completely hooked up towards the land or possibly a composition on In addition, it : an fascination, benefit, proper, or privilege in these property

called also immovable property — independent property : property of the spouse that isn't Group property or marital property especially : property acquired by a husband or wife before marriage or independently all through marriage (as by present or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value as a result of it the insurance plan policy restricted property hurt protection to tangible property

These examples are programmatically compiled from a variety of on the net sources For instance recent use from the phrase 'property.' Any opinions expressed in the examples tend not to stand for those of Merriam-Webster or its editors. Deliver us opinions about these illustrations.

— marital property : property acquired by either partner in the course of the class of a marriage which is subject matter to division on divorce

see also asset, estate, interest 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 acceptable expectation of privateness concerning it. The finder of abandoned property is entitled to help keep it, plus a law enforcement officer may perhaps take possession of abandoned property as evidence with no violating the assurance versus unreasonable searches and seizures while in the Fourth Modification into the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires following the commencement of the individual bankruptcy circumstance and that's usually regarded as Portion of the personal bankruptcy estate : property obtained once the perfection of the lien or stability desire Primarily : such property acquired after the creation of a lien or safety curiosity which is matter on the lien or will become collateral for the safety desire : property transferred into the estate of the decedent just after execution of the will — common property : property owned or used by more than one party particularly : property owned or leased by tenants in typical

ownership in indivision at ownership Be aware: The states getting Neighborhood property legal guidelines are get more info Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry especially, inside the civil legislation of Louisiana : tracts of land with their element elements — intangible property : property (like a stock certificate or Expert license) that derives worth not from its intrinsic physical nature but from what it represents — intellectual property

of not conducting heat character applies to a peculiar and distinct high-quality of the detail or a category.

a : an outstanding or trait belonging and particularly peculiar to someone or issue b : an result that an item has on A further item or to the senses c : advantage feeling 2 d : an attribute frequent to all associates of a class

a : some thing owned or possessed particularly : a piece of real estate b : the exclusive right to have, love, and eliminate a issue : possession c : one thing to which an individual or company features a legal title d : a person (for instance a performer) that is beneath agreement and whose function is especially important e : a reserve or script ordered for publication or creation

property implies a characteristic that belongs to a detail's critical mother nature and should be employed to describe a type or species.

see also QTIP trust at belief Observe: Beneath federal tax law the property must be A part of the gross estate with the surviving husband or wife at their own Dying, wherever it truly is topic to taxation.