constructing excellence - An Overview

constructing excellence - An Overview

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common property Local community property intellectual property own property property hurt property harm insurance property suitable property tax public property

Look at tenancy in prevalent at tenancy — Neighborhood property : property held jointly by spouse and spouse precisely : property Specifically from work obtained by possibly partner just after relationship which is considered in states having a community property process to belong to the two spouses as undivided one-50 percent interests

on the Company : property belonging to a specific human being — experienced terminable desire property : property passing into a surviving wife or husband that qualifies to the marital deduction Should the executor so elects offering which the partner is entitled to obtain profits in payments created at least every year for all times and that no person has a power to appoint any Section of the property to anyone aside from the surviving spouse

see also antenuptial arrangement Take note: For most states, on divorce marital property is divided according to exactly what the court docket determines is equitable. — movable property : property (as particular property or crops) that can be moved — personalized property : property (as a automobile) that may be movable but not together with crops or other sources however hooked up 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 continue to attached to or in the land or advancements or fixtures permanently connected into the land or perhaps a framework on it also : an curiosity, gain, ideal, or privilege in this sort of property

referred to as also immovable property — different property : property of a partner that's not community property or marital property Specifically : property obtained by a spouse prior to marriage or independently for the duration of marriage (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value on account of it the coverage policy restricted property hurt protection to tangible property

These examples are programmatically compiled from different on the web resources to illustrate existing utilization with the word 'property.' Any opinions expressed inside the illustrations never represent Individuals of Merriam-Webster or its editors. Ship us responses about these illustrations.

— marital property : property acquired by both husband or wife over the training course of the relationship that may be topic to division upon divorce

see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all rights Observe: When property is deserted, the operator gives up the affordable expectation of privacy relating to it. The finder of deserted property is entitled to maintain it, and a police officer could consider possession of abandoned property as proof devoid of violating the warranty against unreasonable searches and seizures inside the Fourth Modification to your U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy situation and that is typically regarded Component of the individual bankruptcy estate : property obtained after the perfection of a lien or security curiosity Specifically : these kinds of property obtained following the generation of the lien or stability desire that is subject towards the lien or turns into collateral for the security curiosity : property transferred for the estate of a decedent soon after execution with the will — prevalent property : property owned or employed by more info multiple bash precisely : property owned or leased by tenants in popular

ownership in indivision at possession Notice: The states obtaining Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry specially, during the civil regulation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (to be a inventory certification or Qualified license) that derives benefit not from its intrinsic Actual physical mother nature but from what it signifies — 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 detail b : an outcome that an item has on A different item or about the senses c : advantage feeling 2 d : an attribute typical to all members of a class

a : something owned or possessed precisely : a bit of real estate b : the special suitable to have, get pleasure from, and get rid of a point : ownership c : some thing to which a person or business has a lawful title d : just one (for instance a performer) that is beneath contract and whose function is especially important e : a e book or script ordered 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 belief at rely on Notice: Below federal tax law the property must be A part of the gross estate on the surviving partner at his or her own Dying, the place it truly is topic to taxation.