The best Side of property management award

The best Side of property management award

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typical property Local community property intellectual property personal property property damage property hurt insurance policies property suitable property tax community property

compare tenancy in frequent at tenancy — community property : property held jointly by spouse and spouse especially : property Primarily from work acquired by possibly partner following relationship that's considered in states using a Neighborhood property procedure to belong to the two spouses as undivided one-50 % passions

of your corporation : property belonging to a selected particular person — qualified terminable fascination property : property passing to your surviving spouse that qualifies for that marital deduction When the executor so elects giving the wife or husband is entitled to obtain profits in payments made at the least annually for all times and that not one person has a power to appoint any A part of the property to any person in addition to the surviving spouse

see also antenuptial arrangement Note: In the majority of states, on divorce marital property is divided As outlined by what the courtroom establishes is equitable. — movable property : property (as individual property or crops) that could be moved — personal property : property (as a car or truck) that's movable although not like crops or other means nonetheless attached to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, buildings, crops, or other sources even now connected to or throughout the land or improvements or fixtures permanently connected to the land or possibly a composition on In addition, it : an desire, advantage, suitable, or privilege in these property

termed also immovable property — separate property : property of the partner that's not community property or marital property Specifically : property obtained by a husband or wife ahead of relationship or separately throughout marriage (as by reward or often by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic value as a result of it the insurance policies plan restricted property hurt protection to tangible property

These examples are programmatically compiled from several on the net resources As an instance present utilization of your word 'property.' Any thoughts expressed from the illustrations tend not to depict People of Merriam-Webster or its editors. Ship us suggestions about these illustrations.

— marital property : property obtained by either partner in the course of the class of the relationship that is definitely matter to division on divorce

see also asset, estate, interest sense 1, possession sense 1e — abandoned property : property to which the owner has relinquished all legal rights Take note: When property is abandoned, the proprietor provides up the affordable expectation of click here privacy concerning it. The finder of abandoned property is entitled to help keep it, in addition to a police officer may perhaps acquire possession of abandoned property as evidence without the need of violating the warranty from unreasonable queries and seizures within the Fourth Amendment on the U.S. Structure. — after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy situation and that is typically regarded Element of the individual bankruptcy estate : property obtained following the perfection of a lien or stability interest Specifically : these kinds of property acquired after the generation of the lien or safety fascination that may be subject to your lien or turns into collateral for the security interest : property transferred for the estate of the decedent immediately after execution of your will — common property : property owned or used by more than one celebration particularly : property owned or leased by tenants in frequent

ownership in indivision at ownership Notice: The states obtaining Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry exclusively, inside the civil regulation of Louisiana : tracts of land with their part sections — intangible property : property (being a stock certification or Skilled license) that derives benefit not from its intrinsic Bodily mother nature but from what it represents — mental property

of not conducting heat character relates to a peculiar and unique quality of the point or a category.

a : an outstanding or trait belonging and especially peculiar to someone or factor b : an outcome that an object has on another object or over the senses c : virtue perception 2 d : an attribute widespread to all members of a category

a : something owned or possessed exclusively : a piece of real estate b : the distinctive correct to have, enjoy, and get rid of a thing : possession c : one thing to which a person or organization has a authorized title d : 1 (like a performer) who is under contract and whose function is very valuable e : a ebook or script procured for publication or creation

property implies a attribute that belongs to the point's essential character and could be utilized to explain a sort or species.

see also QTIP trust at have confidence in Observe: Under federal tax legislation the property needs to be included in the gross estate with the surviving partner at her or his own Loss of life, where by it's topic to taxation.