The best Side of property management award

The best Side of property management award

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widespread property Group property mental property particular property property harm property damage insurance property appropriate property tax community property

Evaluate tenancy in prevalent at tenancy — Local community property : property held jointly by husband and wife precisely : property Specially from employment obtained by either spouse after relationship that's considered in states having a Local community property method to belong to both equally spouses as undivided a single-50 % passions

of your corporation : property belonging to a selected individual — competent terminable interest property : property passing to a surviving spouse that qualifies to the marital deduction if the executor so elects delivering that the partner is entitled to acquire revenue in payments built at the very least annually for life Which nobody has an influence to appoint any part of the property to anyone other than the surviving partner

see also antenuptial settlement Observe: For most states, upon divorce marital property is divided As outlined by just what the court docket determines is equitable. — movable property : property (as personal property or crops) that could be moved — own property : property (for a car) that is definitely movable but not which includes crops or other means nonetheless hooked up to land : property other than real property a tax on the private property

— real property : property consisting of land, properties, crops, or other means nevertheless hooked up to or within the land or enhancements or fixtures forever attached towards the land or maybe a structure on In addition, it : an desire, advantage, appropriate, or privilege in these types of property

known as also immovable property — individual property : property of the partner that isn't Group property or marital property Particularly : property obtained by a wife or husband prior to marriage or separately during marriage (as by present or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price because of it the insurance policy coverage limited property damage protection to tangible property

These illustrations are programmatically compiled from various on the internet resources to illustrate recent use in the phrase 'property.' Any viewpoints expressed within the examples will not represent Individuals of Merriam-Webster or its editors. Send out us feed-back about these examples.

— marital property : property acquired by both husband or wife in the program of the relationship that may be subject to division upon divorce

see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is deserted, the owner provides up the realistic expectation of privateness about it. The finder of abandoned property is entitled to help keep it, plus a law enforcement officer may perhaps consider possession of deserted property as proof without violating the assure in opposition to unreasonable queries and seizures within the Fourth Amendment towards the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy circumstance and that is generally regarded as Portion of the personal bankruptcy estate : property obtained once the perfection of the lien or stability desire especially : such property acquired after the development of a lien or safety fascination that is definitely subject matter into the lien or results in being collateral for the security interest : property transferred into the estate of the decedent after execution from the will — popular property : property owned or utilized by more than one occasion particularly : property owned or leased by tenants in popular

possession in indivision at ownership Observe: The states possessing Group property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property in this entry exclusively, inside the civil law of Louisiana : tracts of land with their ingredient areas — intangible property : property (as being 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 excellent of the matter or a category.

a : an outstanding or trait belonging and particularly peculiar to someone or issue b : an result that an object has on Yet another object or within the senses c : virtue sense 2 d : an attribute common to all members of a category

a : a little something owned or possessed precisely : a bit of real estate b : the exceptional suitable to have, take pleasure in, and get rid of a factor : ownership c : something to which anyone or business enterprise contains a lawful title d : just one (like a performer) who's below contract and whose work is very important e : a e book or script acquired for publication or creation

property implies a characteristic that belongs to a detail's necessary character and will be utilized to describe a sort or species.

see also QTIP rely on at have faith in Notice: Below federal tax law the property needs to be A part of the gross estate on the surviving partner at his or her have get more info Dying, the place it really is topic to taxation.