constructing excellence - An Overview

constructing excellence - An Overview

Blog Article

common property Neighborhood property intellectual property individual property property damage property problems insurance coverage property ideal property tax community property

compare tenancy in prevalent at tenancy — community property : property held jointly by partner and wife specifically : property Specifically from employment obtained by either husband or wife following relationship which is considered in states possessing a Group property program to belong to both of those spouses as undivided 1-50 % interests

of your corporation : property belonging to a certain individual — capable terminable curiosity property : property passing to the surviving partner that qualifies with the marital deduction When the executor so elects giving that the husband or wife is entitled to receive profits in payments produced not less than each year for all times and that not one person has a power to appoint any Section of the property to anyone apart from the surviving husband or wife

see also antenuptial agreement Be aware: In the majority of states, upon divorce marital property is divided In keeping with exactly what the court docket establishes is equitable. — movable property : property (as private property or crops) which might be moved — personal property : property (being a car or truck) that is movable but not which include crops or other resources nevertheless hooked up to land : property other than real property a tax on the personal property

— real property : property consisting of land, structures, crops, or other means nonetheless connected to or throughout the land or improvements or fixtures permanently connected to your land or perhaps a construction on What's more, it : an interest, advantage, appropriate, or privilege in these property

known as also immovable property — individual property : property of the wife or husband that's not community property or marital property Specifically : property acquired by a partner ahead of relationship or separately throughout marriage (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value as a result of it the insurance plan plan limited property damage coverage to tangible property

These examples are programmatically compiled from different on the internet resources As an instance present-day use of the word 'property.' Any thoughts expressed while in the examples usually do not signify Individuals of Merriam-Webster or its editors. Send out us responses about these illustrations.

— marital property : property obtained by possibly wife or husband during the course of a relationship that is topic to division upon divorce

see also asset, estate, curiosity feeling 1, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Note: When property is deserted, the operator presents up the acceptable expectation of privateness about it. The finder of deserted property is entitled to help keep it, and also a law enforcement officer may possibly just take possession of abandoned property as evidence with out violating the assure against unreasonable lookups and seizures during the Fourth Modification to your U.S. Structure. — soon after-acquired property : property (as proceeds) website that a debtor acquires after the commencement of a bankruptcy circumstance and that is typically regarded as A part of the bankruptcy estate : property obtained following the perfection of a lien or security desire In particular : these kinds of property acquired after the creation of the lien or protection interest that is issue into the lien or will become collateral for the safety curiosity : property transferred towards the estate of a decedent just after execution with the will — frequent property : property owned or used by multiple social gathering especially : property owned or leased by tenants in frequent

ownership in indivision at possession Notice: The states getting Group property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry especially, in the civil regulation of Louisiana : tracts of land with their part sections — intangible property : property (being a stock certificate or Experienced license) that derives price not from its intrinsic Bodily character but from what it signifies — intellectual property

of not conducting warmth character relates to a peculiar and distinctive high-quality of the point or a category.

a : an outstanding or trait belonging and especially peculiar to somebody or issue b : an result that an item has on A different object or over the senses c : virtue perception 2 d : an attribute common to all customers of a class

a : a little something owned or possessed exclusively : a piece of real estate b : the exceptional correct to have, take pleasure in, and eliminate a factor : possession c : one thing to which a person or organization features a lawful title d : 1 (for instance a performer) who's less than contract and whose get the job done is particularly important e : a ebook or script purchased for publication or manufacturing

property indicates a characteristic that belongs to the point's critical nature and should be used to explain a sort or species.

see also QTIP have faith in at trust Notice: Less than federal tax legislation the property needs to be included in the gross estate on the surviving wife or husband at their have Loss of life, where it really is issue to taxation.