5 Easy Facts About awards for contractors Described

popular property Local community property intellectual property individual property property damage property destruction coverage property suitable property tax community property

Evaluate tenancy in popular at tenancy — Local community property : property held jointly by husband and spouse specially : property Specifically from employment obtained by either wife or husband immediately after marriage that's considered in states getting a Group property program to belong to both of those spouses as undivided just one-fifty percent pursuits

from the corporation : property belonging to a certain human being — experienced terminable desire property : property passing to a surviving partner that qualifies for that marital deduction Should the executor so elects providing the partner is entitled to get money in payments produced no less than yearly for all times and that no person has a power to appoint any Section of the property to anyone aside from the surviving spouse

see also antenuptial arrangement Note: In the majority of states, on divorce marital property is divided In line with just what the court decides is equitable. — movable property : property (as personal property or crops) that could be moved — personal property : property (as being a auto) that's movable although not including crops or other assets still connected to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, properties, crops, or other resources nevertheless hooked up to or throughout the land or enhancements or fixtures completely hooked up to the land or even a framework on it also : an curiosity, reward, ideal, or privilege in this sort of property

identified as also immovable property — different property : property of a spouse that isn't Local community property or marital property Primarily : property acquired by a partner in advance of relationship or separately during marriage (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial benefit due to it the insurance policies plan limited property damage coverage to tangible property

These examples are programmatically compiled from different on the net resources to illustrate present usage in the phrase 'property.' Any views expressed during the examples do not signify Individuals of Merriam-Webster or its editors. Ship us comments about these examples.

— marital property : property acquired by either wife or husband in the course of a marriage that's topic to division upon divorce

see also asset, estate, curiosity sense 1, possession perception 1e — deserted property : property to which the owner has relinquished all legal rights Observe: When property is deserted, the proprietor offers up the realistic expectation of privateness regarding it. The finder of abandoned property is entitled to help keep it, plus a law enforcement officer may perhaps get possession of deserted property as proof with out violating the ensure from unreasonable lookups and seizures in the Fourth Amendment into the U.S. Structure. — soon after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a bankruptcy case and that's commonly thought of part of the personal bankruptcy estate : property acquired after the perfection of the lien or protection fascination Specially : this sort of property acquired after the generation of a lien or protection desire that may be subject matter to your lien or will become collateral for the safety curiosity : property transferred to the estate of the decedent just after execution on the will — common property : property owned or used by more than one get together especially : property owned or leased by tenants in widespread

possession in indivision at possession Observe: The states obtaining Local community property legislation are more info Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry precisely, during the civil regulation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (to be a inventory certification or Specialist license) that derives value not from its intrinsic Bodily nature but from what it signifies — intellectual property

of not conducting warmth character applies to a peculiar and distinctive high-quality of the factor or a category.

a : a top quality or trait belonging and especially peculiar to someone or detail b : an result that an item has on One more object or about the senses c : virtue perception 2 d : an attribute popular to all customers of a class

a : a thing owned or possessed particularly : a bit of real estate b : the exceptional proper to have, get pleasure from, and eliminate a factor : ownership c : something to which a person or business contains a lawful title d : just one (like a performer) who's beneath deal and whose function is very beneficial e : a e book or script purchased for publication or generation

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

see also QTIP rely on at believe in Observe: Under federal tax legislation the property need to be included in the gross estate on the surviving wife or husband at their individual death, the place it is actually topic to taxation.

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