How real estate agent can Save You Time, Stress, and Money.

How real estate agent can Save You Time, Stress, and Money.

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popular property Group property mental property own property property problems property problems coverage property ideal property tax general public property

Examine tenancy in frequent at tenancy — Neighborhood property : property held jointly by husband and spouse specially : property Particularly from employment acquired by either wife or husband just after relationship that may be considered in states having a Neighborhood property process to belong to each spouses as undivided one particular-half interests

in the Company : property belonging to a certain man or woman — certified terminable curiosity property : property passing to the surviving partner that qualifies to the marital deduction If your executor so elects furnishing that the partner is entitled to obtain money in payments produced at the very least on a yearly basis for life Which no one has an influence to appoint any Component of the property to anyone besides the surviving partner

see also antenuptial arrangement Take note: In many states, on divorce marital property is split In accordance with just what the court decides is equitable. — movable property : property (as particular property or crops) that can be moved — personalized property : property (as being a car or truck) that is definitely movable although not such as crops or other assets however hooked up to land : property in addition to real property a tax on the personal property

— real property : property consisting of land, structures, crops, or other methods still attached to or inside the land or advancements or fixtures completely hooked up for the land or perhaps a framework on it also : an fascination, benefit, appropriate, or privilege in such property

referred to as also immovable property — different property : property of a husband or wife that's not community property or marital property Specially : property obtained by a spouse ahead of relationship or individually in the course of relationship (as by reward or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value on account of it the coverage policy restricted property problems protection to tangible property

These examples are programmatically compiled from a variety of on line sources As get more info an example present-day usage in the phrase 'property.' Any viewpoints expressed in the examples tend not to stand for All those of Merriam-Webster or its editors. Deliver us responses about these illustrations.

— marital property : property acquired by either partner in the course of the study course of the relationship that is subject to division upon divorce

see also asset, estate, curiosity perception one, possession sense 1e — deserted property : property to which the owner has relinquished all rights Note: When property is abandoned, the owner provides up the realistic expectation of privacy relating to it. The finder of deserted property is entitled to help keep it, and also a law enforcement officer may well just take possession of deserted property as proof without violating the assurance versus unreasonable lookups and seizures in the Fourth Amendment to the U.S. Constitution. — following-acquired property : property (as proceeds) that a debtor acquires after the commencement of a bankruptcy situation and that is generally deemed Portion of the personal bankruptcy estate : property acquired after the perfection of a lien or stability desire Primarily : these types of property obtained once the generation of the lien or safety curiosity that's issue into the lien or will become collateral for the safety curiosity : property transferred towards the estate of a decedent after execution of the will — popular property : property owned or utilized by more than one party specially : property owned or leased by tenants in prevalent

ownership in indivision at possession Observe: The states getting community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry particularly, in the civil legislation of Louisiana : tracts of land with their component sections — intangible property : property (like a stock certification or professional license) that derives price not from its intrinsic physical mother nature but from what it represents — mental property

of not conducting heat character relates to a peculiar and unique high-quality of a factor or a category.

a : a top quality or trait belonging and particularly peculiar to someone or point b : an outcome that an item has on An additional item or within the senses c : virtue feeling 2 d : an attribute widespread to all members of a category

a : some thing owned or possessed precisely : a piece of real estate b : the exclusive appropriate to possess, delight in, and dispose of a matter : ownership c : a thing to which someone or small business includes a lawful title d : one particular (such as a performer) that is under deal and whose perform is very worthwhile e : a book or script acquired for publication or output

property implies a attribute that belongs to some detail's vital nature and should be utilised to describe a kind or species.

see also QTIP trust at have faith in Take note: Beneath federal tax regulation the property should be included in the gross estate of your surviving partner at her or his have Loss of life, the place it is actually matter to taxation.