What Does property management award Mean?

What Does property management award Mean?

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typical property community property intellectual property private property property injury property harm insurance plan property suitable property tax community property

Evaluate tenancy in popular at tenancy — community property : property held jointly by husband and spouse specifically : property especially from work obtained by both spouse after relationship that is definitely deemed in states aquiring a Group property method to belong to both of those spouses as undivided one particular-50 percent passions

on the Company : property belonging to a certain particular person — experienced terminable fascination property : property passing into a surviving husband or wife that qualifies to the marital deduction In case the executor so elects delivering the husband or wife is entitled to get cash flow in payments manufactured at the least every year for all times and that nobody has an influence to appoint any Portion of the property to anyone aside from the surviving spouse

see also antenuptial arrangement Take note: In the majority of states, upon divorce marital property is split Based on exactly what the court docket determines is equitable. — movable property : property (as own property or crops) which can be moved — personal property : property (for a car) that is certainly movable although not which includes crops or other means nonetheless hooked up to land : property other than real property a tax on the non-public property

— real property : property consisting of land, buildings, crops, or other assets even now hooked up to or within the land or enhancements or fixtures completely attached towards the land or perhaps a structure on In addition, it : an curiosity, advantage, appropriate, or privilege in these kinds of property

named also immovable property — independent property : property of a spouse that's not Local community property or marital property In particular : property acquired by a husband or wife in advance of relationship or separately all through relationship (as by present or typically by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic value due to it the insurance policy coverage restricted property hurt coverage to tangible property

These examples are programmatically compiled from different on the web resources to illustrate present usage on the phrase 'property.' Any viewpoints expressed while in the illustrations do not signify Individuals of Merriam-Webster or its editors. Ship us feed-back about these illustrations.

— marital property : property obtained by possibly spouse during the program of a relationship that is certainly subject matter to division upon divorce

see also asset, estate, fascination feeling one, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Notice: When property is abandoned, the owner gives up the affordable expectation of privacy about it. The finder of deserted property is entitled to keep it, as well as a police officer may consider possession of deserted property as proof devoid of violating the ensure towards unreasonable lookups and seizures while in the Fourth Amendment for the U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires once the commencement of a bankruptcy circumstance and that's typically regarded as Component of the personal bankruptcy estate : property acquired after the perfection of the lien or protection desire Particularly : this sort of property acquired following the development of the lien or safety interest that may be subject matter for the lien or gets to be collateral for the safety curiosity : property transferred towards the estate of the decedent right after execution of the will — popular property : property owned or utilized by more than one bash especially : property owned or leased by tenants in common

possession in indivision at ownership Take note: The states obtaining community 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 elements — intangible property : property (for a stock certification or Qualified license) that derives worth not from its intrinsic Actual physical character but from what it signifies — intellectual property

of not conducting warmth character applies to a peculiar and distinctive excellent of a matter or a category.

a : a top quality or trait belonging and particularly peculiar to someone or factor b : an influence that an object has check here on One more item or around the senses c : advantage perception 2 d : an attribute common to all customers of a category

a : something owned or possessed specially : a piece of real estate b : the distinctive suitable to possess, love, and get rid of a detail : ownership c : something to which somebody or business includes a lawful title d : one particular (such as a performer) that is less than contract and whose function is especially beneficial e : a guide or script purchased for publication or production

property implies a characteristic that belongs to the detail's necessary character and should be employed to describe a type or species.

see also QTIP believe in at trust Note: Under federal tax regulation the property needs to be A part of the gross estate on the surviving partner at their own Dying, in which it can be issue to taxation.