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

Assess tenancy in typical at tenancy — Group property : property held jointly by husband and wife specifically : property In particular from employment obtained by both wife or husband following relationship which is deemed in states aquiring a Neighborhood property process to belong to the two spouses as undivided one-50 percent interests

on the corporation : property belonging to a certain individual — skilled terminable curiosity property : property passing to your surviving spouse that qualifies for that marital deduction When the executor so elects offering which the spouse is entitled to receive profits in payments produced not less than each year for all times and that nobody has an influence to appoint any part of the property to anyone in addition to the surviving partner

see also antenuptial settlement Be aware: For most states, upon divorce marital property is split according to exactly what the court docket determines is equitable. — movable property : property (as particular property or crops) that may be moved — personalized property : property (as a motor vehicle) that may be movable but not which include crops or other resources even now attached to land : property aside from real property a tax on the non-public property

— real property : property consisting of land, buildings, crops, or other methods still connected to or in the land or improvements or fixtures completely connected to the land or even a composition on Additionally, it : an fascination, profit, correct, or privilege in these property

called also immovable property — independent property : property of the spouse that isn't Local community property or marital property especially : property acquired by a wife or husband before marriage or independently all through relationship (as by reward or frequently by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial value as a result of it the insurance plan plan restricted property hurt protection to tangible property

These examples are programmatically compiled from different on the net resources For instance existing use of the word 'property.' Any thoughts expressed from the illustrations don't symbolize All those of Merriam-Webster or its editors. Mail us suggestions about these illustrations.

— marital property : property obtained by possibly spouse throughout the program of a marriage that is certainly topic to division on divorce

see also asset, estate, desire sense 1, possession feeling 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the proprietor offers up the acceptable expectation of privateness concerning it. The finder of abandoned property is entitled to help keep it, and also a law enforcement officer may consider possession of deserted property as proof with out violating the ensure in opposition to unreasonable lookups and seizures during the Fourth Modification to the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires once the commencement of the personal bankruptcy case and that's commonly regarded as Section of the individual bankruptcy estate : property obtained once the perfection of the lien or stability interest Particularly : this sort of property acquired following the development of the lien or protection fascination that may be issue to the lien or becomes collateral for the security curiosity : property transferred for the estate of a decedent soon after execution on the will — prevalent property : property owned or employed by multiple occasion precisely : property owned or leased by tenants in popular

possession in indivision at possession Note: The states having community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property Within this entry particularly, inside 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 physical nature but from what it signifies — mental property

of not conducting warmth character relates to a peculiar and unique top quality of a point or a class.

a : a high quality or trait belonging and especially peculiar to an individual or thing b : an effect that an object has on A further item or to the senses c : advantage feeling two d : an attribute frequent to all associates of a class

a : more info some thing owned or possessed particularly : a piece of real estate b : the exclusive right to have, love, and eliminate a issue : possession c : anything to which someone or enterprise includes a legal title d : 1 (such as a performer) that's less than deal and whose operate is particularly useful e : a e-book or script bought for publication or production

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 believe in at believe in Note: Less than federal tax regulation the property have to be included in the gross estate from the surviving spouse at his / her individual Loss of life, in which it's subject to taxation.