The Ultimate Guide To real estate agent

The Ultimate Guide To real estate agent

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common property Local community property intellectual property personal property property problems property injury insurance policies property appropriate property tax public property

Look at tenancy in widespread at tenancy — Neighborhood property : property held jointly by partner and wife exclusively : property Specifically from employment acquired by possibly partner after relationship that's considered in states possessing a Group property program to belong to both of those spouses as undivided one particular-half passions

of the Company : property belonging to a certain individual — capable terminable curiosity property : property passing into a surviving husband or wife that qualifies for the marital deduction If your executor so elects supplying which the partner is entitled to acquire earnings in payments designed a minimum of every year for all times Which no person has a power to appoint any Portion of the property to anyone other than the surviving spouse

see also antenuptial agreement 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 (to be a car) that is definitely movable but not which includes crops or other methods still attached to land : property aside from real property a tax on the non-public property

— real property : property consisting of land, buildings, crops, or other sources however hooked up to or within the land or enhancements or fixtures forever attached for the land or simply a structure on Furthermore, it : an desire, advantage, proper, or privilege in these property

called also immovable property — independent property : property of the husband or wife that's not community property or marital property Particularly : property obtained by a partner just before marriage or independently for the duration of relationship (as by reward or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic worth on account of it the insurance coverage limited property destruction coverage to tangible property

These examples are programmatically compiled from different on the web resources As an instance recent use from the term 'property.' Any viewpoints expressed in the examples do not signify People of Merriam-Webster or its editors. Mail us suggestions about these examples.

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

see also asset, estate, interest sense 1, possession perception 1e — deserted property : property to which the proprietor has relinquished all legal rights Note: When property is deserted, the proprietor offers up the realistic expectation of privacy regarding it. The finder of abandoned property is entitled to keep it, along with a police officer may take possession of abandoned property as evidence devoid of violating the warranty against unreasonable searches and seizures inside the Fourth Modification to your U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy circumstance and that's generally regarded Component of the individual bankruptcy estate : property obtained once the perfection of a lien or security curiosity Specially : these property obtained once the generation of a lien or security desire that is definitely subject matter for the lien or results in being collateral for the safety fascination : property transferred for the estate of a decedent after execution of your 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 possessing Neighborhood property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry specially, from the civil regulation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (to be a inventory certification or Experienced license) that derives benefit not from its intrinsic Actual physical mother nature but from what it signifies — mental property

of not conducting warmth character relates to a peculiar and exclusive good quality of the point or a class.

a : a top quality or trait belonging and especially peculiar to a person or point b : an impact that an object has on An additional object or on the senses c : advantage perception two d : an attribute prevalent to all users of check here a category

a : anything owned or possessed specially : a bit of real estate b : the distinctive proper to possess, appreciate, and dispose of a issue : ownership c : anything to which a person or small business features a lawful title d : one (such as a performer) who's under contract and whose work is very precious e : a e book or script acquired 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 belief at rely on Observe: Beneath federal tax law the property must be A part of the gross estate with the surviving husband or wife at their personal death, where by it can be matter to taxation.