WHAT DOES PROPERTY MANAGEMENT AWARD MEAN?

What Does property management award Mean?

What Does property management award Mean?

Blog Article

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

compare tenancy in prevalent at tenancy — community property : property held jointly by spouse and spouse specially : property Particularly from work acquired by possibly partner after relationship that's considered in states possessing a Group property method to belong to both of those spouses as undivided one particular-half passions

from the Company : property belonging to a particular man or woman — certified terminable desire property : property passing to some surviving wife or husband that qualifies for your marital deduction Should the executor so elects offering which the partner is entitled to get earnings in payments designed a minimum of per year for life Which no one 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 can be moved — personalized property : property (as a motor vehicle) that may be movable but not which include crops or other resources even now hooked up to land : property apart from real property a tax on the private property

— real property : property consisting of land, buildings, crops, or other means nonetheless hooked up to or within the land or enhancements or fixtures forever attached for the land or maybe a structure on Furthermore, it : an interest, advantage, suitable, or privilege in such property

named also immovable property — different property : property of a husband or wife that's not community property or marital property Specially : property obtained by a spouse just before relationship or individually in the course of 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 coverage policy restricted property hurt protection to tangible property

These examples are programmatically compiled from numerous on the web sources For instance recent use of the phrase 'property.' Any thoughts expressed within the examples usually do not characterize Those people of Merriam-Webster or its editors. Send out us comments about these illustrations.

— marital property : property obtained by either partner in the course of the class of a marriage which is subject matter to division on divorce

see also asset, estate, interest 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 keep it, plus a law enforcement officer may well choose possession of abandoned property as evidence without having violating the promise from unreasonable lookups and seizures in the Fourth Amendment towards the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the individual bankruptcy case and that is generally deemed Section of the personal bankruptcy estate : property obtained once the perfection of the lien or stability desire especially : this kind of property acquired after the development of a lien or safety fascination that is definitely subject matter for the lien or gets collateral for the safety fascination : property transferred to your estate of the decedent just after execution of your will — common property : property owned or used by more than one celebration precisely : property owned or leased by tenants in common

possession in indivision at possession Note: The states getting community property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry exclusively, while in the civil legislation of Louisiana : tracts of land with their part sections — intangible property : property (for a inventory certificate or Qualified license) that derives price not from its intrinsic Actual physical character but from what it signifies — mental property

of not conducting heat character relates to a peculiar and unique quality of a detail or a category.

a : a top quality or trait belonging and especially peculiar to an individual or detail b : an influence that an object has more info on another item or about the senses c : virtue perception two d : an attribute frequent to all members of a category

a : anything owned or possessed especially : a bit of real estate b : the exceptional proper to possess, love, and eliminate a point : possession c : a thing to which someone or company contains a authorized title d : 1 (for instance a performer) who's under deal and whose perform is very worthwhile e : a e book or script acquired for publication or manufacturing

property indicates a characteristic that belongs to a issue's important mother nature and will be made use of to describe a kind or species.

see also QTIP trust at rely on Be aware: Underneath federal tax law the property need to be included in the gross estate with the surviving partner at his / her personal Demise, exactly where it can be subject to taxation.

Report this page