New Step by Step Map For asia property award

known as also immovable property — different property : property of the husband or wife that isn't Neighborhood property or marital property Specially : property obtained by a spouse prior to marriage or separately all through relationship (as by reward or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic economic price on account of it the insurance plan plan restricted property injury coverage to tangible property

see also asset, estate, fascination sense 1, possession feeling 1e — deserted property : property to which the owner has relinquished all legal rights Observe: When property is deserted, the operator offers up the sensible expectation of privateness relating to it. The finder of abandoned property is entitled to keep it, and a police officer may well consider possession of deserted property as evidence devoid of violating the ensure from unreasonable lookups and seizures inside the Fourth Amendment into the U.S. Structure. — soon after-acquired property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy case and that's normally deemed A part of the individual bankruptcy estate : property obtained after the perfection of a lien or protection desire Particularly : these kinds of property obtained following the creation of the lien or safety interest that is definitely matter to your lien or becomes collateral for the security curiosity : property transferred into the estate of the decedent following execution in the will — prevalent property : property owned or employed by more than one occasion exclusively : property owned or leased by tenants in prevalent

of not conducting warmth character applies to a peculiar and exclusive excellent of the thing or a class.

a : an outstanding or trait belonging and particularly peculiar to somebody or thing b : an effect that an object has on Yet another item or to the senses c : advantage perception two d : an attribute common to all users of a class

— marital property : property acquired by both husband or wife in the course of a marriage which is matter to division on divorce

a : a little something owned or possessed specifically : a piece of real estate b : the unique appropriate to have, delight in, and eliminate a point : ownership c : some thing to which anyone or business enterprise incorporates a authorized title d : a single (such as a performer) that is less than deal and whose get the job done is very precious e : a e book or script ordered for publication or output

popular property Group property mental property own property property destruction property destruction coverage property right property tax general public property

possession in indivision at ownership Be aware: The states getting Neighborhood property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, within the civil law of Louisiana : tracts of land with their component components — intangible property : property (as being a stock certificate or professional license) that derives value not from its intrinsic physical nature but from what it signifies — mental property

These illustrations are programmatically compiled from different online resources As an example present-day usage from the phrase 'property.' Any thoughts expressed while in the illustrations will not characterize Those people of Merriam-Webster or its editors. Mail us feedback about these examples.

see also QTIP believe in at have confidence in Notice: Beneath federal tax legislation the property have to be A part of the gross estate on the surviving spouse at her or his very own Demise, where by it is actually subject to taxation.

of the corporation : property belonging to a particular person — qualified terminable interest property : property passing to a surviving spouse that qualifies for the marital deduction When the executor more info so elects supplying that the spouse is entitled to receive cash flow in payments produced at least per year for life Which no one has an influence to appoint any A part of the property to anyone aside from the surviving wife or husband

property indicates a characteristic that belongs into a detail's crucial character and could be made use of to explain a kind or species.

compare tenancy in prevalent at tenancy — community property : property held jointly by spouse and wife especially : property Particularly from employment acquired by either wife or husband just after relationship that may be considered in states using a Local community property program to belong to the two spouses as undivided a single-half interests

see also antenuptial settlement Take note: For most states, on divorce marital property is split In line with exactly what the court determines is equitable. — movable property : property (as own property or crops) which might be moved — particular property : property (being a automobile) that's movable but not together with crops or other means even now connected to land : property apart from real property a tax on the personal property

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