constructing excellence - An Overview

constructing excellence - An Overview

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widespread property community property mental property private property property damage property hurt insurance policies property ideal property tax community property

compare tenancy in frequent at tenancy — Group property : property held jointly by spouse and spouse especially : property especially from work acquired by either wife or husband right after marriage that is definitely deemed in states using a community property process to belong to both equally spouses as undivided 1-50 % interests

with the corporation : property belonging to a selected individual — skilled terminable interest property : property passing to your surviving spouse that qualifies for that marital deduction if the executor so elects giving which the partner is entitled to acquire revenue in payments built at the very least on a yearly basis for life Which not a soul has a power to appoint any Section of the property to any person aside from the surviving wife or husband

see also antenuptial agreement Note: In the majority of states, upon divorce marital property is split according to what the courtroom establishes is equitable. — movable property : property (as individual property or crops) which can be moved — personalized property : property (for a car) which is movable but not which include crops or other means however attached to land : property apart from real property a tax on the non-public property

— real property : property consisting of land, buildings, crops, or other assets even now attached to or inside the land or enhancements or fixtures forever hooked up into the land or simply a structure on Additionally, it : an fascination, profit, suitable, or privilege in these property

named also immovable property — individual property : property of a spouse that's not Group property or marital property Particularly : property acquired by a spouse before marriage or individually during relationship (as by present or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial worth on account of it the insurance coverage coverage limited property harm protection to tangible property

These illustrations are programmatically compiled from various on the internet resources to illustrate existing utilization of your word 'property.' Any thoughts expressed while in the illustrations do not symbolize People of Merriam-Webster or its editors. Mail us suggestions about these examples.

— marital property : property obtained by possibly spouse through the system of the relationship that's matter to division on divorce

see also asset, estate, desire sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all rights Be aware: When property is abandoned, the proprietor presents up the fair expectation of privacy regarding it. The finder of abandoned property is entitled to help keep it, in addition to a law enforcement officer might get possession of deserted property as proof without the need of violating the ensure in opposition to unreasonable lookups and seizures during the Fourth Amendment towards the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the bankruptcy read more case and that is typically regarded Component of the individual bankruptcy estate : property obtained after the perfection of a lien or safety curiosity Specially : these property obtained once the generation of a lien or security interest which is matter on the lien or will become collateral for the safety interest : property transferred to the estate of a decedent following execution in the will — widespread property : property owned or utilized by multiple occasion specially : property owned or leased by tenants in popular

possession in indivision at possession Take note: The states owning community property laws are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, within the civil law of Louisiana : tracts of land with their element elements — intangible property : property (like a stock certificate or Skilled license) that derives worth not from its intrinsic Bodily character but from what it represents — intellectual property

of not conducting heat character applies to a peculiar and distinctive quality of a thing or a class.

a : an excellent or trait belonging and particularly peculiar to somebody or matter b : an influence that an item has on A different item or to the senses c : advantage feeling two d : an attribute widespread to all associates of a class

a : a thing owned or possessed specifically : a piece of real estate b : the exclusive ideal to have, delight in, and eliminate a issue : possession c : one thing to which someone or enterprise includes a legal title d : one (such as a performer) that's underneath agreement and whose operate is particularly beneficial e : a guide or script purchased for publication or output

property indicates a attribute that belongs to your point's crucial nature and may be made use of to explain a kind or species.

see also QTIP have faith in at have confidence in Be aware: Under federal tax regulation the property need to be A part of the gross estate in the surviving partner at his or her have Dying, the place it really is topic to taxation.