What Does property management award Mean?

What Does property management award Mean?

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frequent property Group property mental property particular property property injury property harm insurance policy property correct property tax general public property

Assess tenancy in frequent at tenancy — community property : property held jointly by spouse and wife particularly : property especially from work acquired by either spouse just after marriage that is considered in states possessing a Group property process to belong to the two spouses as undivided one-50 percent interests

in the Company : property belonging to a specific person — capable terminable interest property : property passing to your surviving partner that qualifies for the marital deduction In case the executor so elects supplying which the husband or wife is entitled to receive cash flow in payments produced at least per year for life and that not one person has a power to appoint any Component of the property to any person besides the surviving partner

see also antenuptial settlement Notice: In most states, upon divorce marital property is split In accordance with just what the court decides is equitable. — movable property : property (as personal property or crops) that could be moved — personal property : property (being a car) that is definitely movable but not which include crops or other resources even now hooked up to land : property apart from real property a tax on the non-public property

— real property : property consisting of land, properties, crops, or other sources however attached to or inside the land or advancements or fixtures permanently connected into the land or even a framework on In addition it : an fascination, benefit, appropriate, or privilege in these types of property

referred to as also immovable property — independent property : property of the spouse that isn't Group property or marital property In particular : property obtained by a partner prior to marriage or separately for the duration of relationship (as by present or typically by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial worth thanks to it the insurance plan coverage restricted property injury coverage to tangible property

These illustrations are programmatically compiled from many on the web sources For instance existing usage from the word 'property.' Any viewpoints expressed from the examples do not represent All those of Merriam-Webster or its editors. Send out us comments about these examples.

— marital property : property obtained by both partner during the program of a relationship that is definitely matter to division upon divorce

see also asset, estate, interest perception one, possession sense 1e — abandoned property : property to which the operator has relinquished all legal rights Observe: When property is abandoned, the owner gives up the acceptable expectation of privateness concerning it. The finder of deserted property is entitled to help keep it, along with a law enforcement officer may perhaps choose possession of deserted property as proof with no violating the ensure against unreasonable lookups and seizures from the Fourth Amendment into the U.S. Constitution. — right after-acquired property : property (as proceeds) that a debtor acquires after the commencement of the personal bankruptcy case and that's generally considered Component of the personal bankruptcy estate : property acquired once the perfection of the lien or safety interest Primarily : these property obtained after the generation of a lien or security desire that is certainly topic to the lien or results in being collateral for the safety curiosity : property transferred to the estate of the decedent following execution of your will — widespread property : property owned or used by multiple celebration particularly : property owned or leased by click here tenants in prevalent

ownership in indivision at ownership Take note: The states acquiring Local community property regulations are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property During this entry specially, inside the civil regulation of Louisiana : tracts of land with their component pieces — intangible property : property (for a stock certification or Expert license) that derives benefit not from its intrinsic Bodily nature but from what it signifies — intellectual property

of not conducting warmth character applies to a peculiar and distinct excellent of a thing or a category.

a : a top quality or trait belonging and especially peculiar to somebody or issue b : an effect that an item has on Yet another item or about the senses c : virtue perception 2 d : an attribute popular to all associates of a category

a : anything owned or possessed particularly : a bit of real estate b : the distinctive right to have, appreciate, and eliminate a point : possession c : some thing to which somebody or enterprise has a authorized title d : one (like a performer) that's beneath deal and whose perform is very useful e : a book or script acquired for publication or production

property indicates a attribute that belongs to some issue's essential character and could be utilized to explain a sort or species.

see also QTIP believe in at have faith in Take note: Below federal tax regulation the property should be included in the gross estate of your surviving spouse at her or his own Loss of life, wherever it is actually topic to taxation.