The Ultimate Guide To real estate agent

The Ultimate Guide To real estate agent

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popular property Group property mental property individual property property hurt property harm insurance coverage property ideal property tax community property

Examine tenancy in typical at tenancy — Group property : property held jointly by husband and spouse specially : property Specifically from work obtained by possibly husband or wife right after relationship that is definitely considered in states using a Neighborhood property method to belong to both of those spouses as undivided 1-50 % passions

of the Company : property belonging to a particular man or woman — competent terminable desire property : property passing to your surviving spouse that qualifies for that marital deduction In the event the executor so elects furnishing the spouse is entitled to get revenue in payments designed a minimum of on a yearly basis for all times Which no-one has an influence to appoint any A part of the property to anyone aside from the surviving wife or husband

see also antenuptial arrangement Observe: In most states, on divorce marital property is divided In line with just what the court establishes is equitable. — movable property : property (as personalized property or crops) that can be moved — private property : property (to be a motor vehicle) that is movable but not which include crops or other sources continue to attached to land : property besides real property a tax on the non-public property

— real property : property consisting of land, structures, crops, or other means nonetheless connected to or throughout the land or improvements or fixtures completely connected into the land or possibly a composition on In addition it : an curiosity, profit, correct, or privilege in these property

called also immovable property — independent property : property of the wife or husband that is not Neighborhood property or marital property In particular : property acquired by a spouse just before marriage or separately during marriage (as by gift or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic benefit due to it the insurance policies coverage restricted property hurt protection to tangible property

These examples are programmatically compiled from different on line sources to illustrate current utilization on the phrase 'property.' Any thoughts expressed inside the examples don't depict All those of Merriam-Webster or its editors. Mail us feedback about these examples.

— marital property : property acquired by either spouse throughout the system of a marriage which is subject matter to division on more info divorce

see also asset, estate, fascination feeling one, possession feeling 1e — abandoned property : property to which the operator has relinquished all rights Note: When property is deserted, the proprietor gives up the reasonable expectation of privateness relating to it. The finder of abandoned property is entitled to keep it, as well as a law enforcement officer may perhaps acquire possession of deserted property as evidence without violating the warranty versus unreasonable lookups and seizures while in the Fourth Amendment towards the U.S. Structure. — soon after-obtained property : property (as proceeds) that a debtor acquires after the commencement of the personal bankruptcy case and that is ordinarily thought of Component of the bankruptcy estate : property obtained once the perfection of a lien or security fascination Specially : this sort of property acquired once the development of the lien or safety interest that is definitely subject matter on the lien or gets collateral for the security interest : property transferred into the estate of a decedent right after execution from the will — typical property : property owned or used by multiple get together particularly : property owned or leased by tenants in prevalent

ownership in indivision at possession Be aware: The states having Group property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry particularly, during the civil legislation of Louisiana : tracts of land with their component sections — intangible property : property (as a inventory certificate or Skilled license) that derives value not from its intrinsic Bodily nature but from what it represents — mental property

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

a : a quality or trait belonging and particularly peculiar to an individual or matter b : an impact that an item has on Yet another item or within the senses c : advantage sense two d : an attribute widespread to all users of a category

a : some thing owned or possessed precisely : a piece of real estate b : the special proper to have, take pleasure in, and eliminate a point : possession c : one thing to which a person or organization has a lawful title d : 1 (for instance a performer) who's less than agreement and whose work is particularly valuable e : a e book or script obtained for publication or output

property implies a attribute that belongs into a detail's vital nature and should be utilized to explain a type or species.

see also QTIP rely on at have confidence in Observe: Below federal tax regulation the property should be A part of the gross estate from the surviving wife or husband at his or her individual death, wherever it is subject matter to taxation.