constructing excellence - An Overview

constructing excellence - An Overview

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frequent property Local community property intellectual property own property property harm property problems insurance plan property right property tax public property

Assess tenancy in frequent at tenancy — community property : property held jointly by partner and wife specifically : property In particular from employment obtained by both wife or husband soon after marriage that is certainly deemed in states using a Neighborhood property procedure to belong to the two spouses as undivided a person-50 percent pursuits

on the corporation : property belonging to a certain person — experienced terminable interest property : property passing to your surviving husband or wife that qualifies for your marital deduction If your executor so elects supplying which the spouse is entitled to get income in payments manufactured a minimum of every year for life and that not a soul has a power to appoint any Element of the property to any person besides the surviving spouse

see also antenuptial arrangement Take note: In many states, on divorce marital property is divided As outlined by what the courtroom establishes is equitable. — movable property : property (as private property or crops) that could be moved — individual property : property (being a vehicle) which is movable although not such as crops or other methods continue to connected to land : property besides real property a tax on the personal property

— real property : property consisting of land, structures, crops, or other means nevertheless hooked up to or within the land or enhancements or fixtures forever hooked up for the land or maybe a structure on Furthermore, it : an desire, benefit, ideal, or privilege in this sort of property

identified as also immovable property — separate property : property of a wife or husband that's not Local community property or marital property Primarily : property acquired by a partner prior to marriage or independently for the duration of marriage (as by present or normally by inheritance) — tangible property : property that has a tangible and corporeal existence and intrinsic economic price because of it the insurance policy plan limited property harm coverage to tangible property

These illustrations are programmatically compiled from many on-line sources As an instance current usage on the term 'property.' Any opinions expressed inside the illustrations never signify Individuals of Merriam-Webster or its editors. Send out us feedback about these examples.

— marital property : property acquired by both wife or husband during the program of a relationship that may be subject to division upon divorce

see also asset, estate, curiosity feeling one, possession perception 1e — deserted property : property to which the operator has relinquished all legal rights Note: When property is abandoned, the operator gives up the reasonable expectation of privacy relating to it. The finder of deserted property is entitled to maintain it, and a police officer could acquire possession of deserted property as proof with out violating the ensure in opposition to unreasonable lookups and seizures during the Fourth Amendment towards the U.S. Constitution. — soon after-obtained property : property (as proceeds) that a debtor acquires once the commencement of the bankruptcy case and that is typically regarded Component of the bankruptcy estate : property obtained once the perfection of the lien or security interest 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 safety fascination : property transferred to your estate of the decedent immediately after execution of your will — popular property : property owned or used by more than one celebration particularly : property owned or leased by tenants in popular

possession in indivision at ownership Note: The states getting Local community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, read more Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry specially, from the civil regulation of Louisiana : tracts of land with their ingredient pieces — intangible property : property (as being a stock certificate or professional license) that derives price not from its intrinsic Bodily mother nature but from what it represents — intellectual property

of not conducting warmth character applies to a peculiar and exclusive high quality of a factor or a class.

a : a high quality or trait belonging and especially peculiar to an individual or factor b : an effect that an item has on An additional item or around the senses c : advantage perception two d : an attribute frequent to all users of a category

a : some thing owned or possessed exclusively : a piece of real estate b : the special correct to possess, appreciate, and dispose of a thing : possession c : a little something to which a person or small business has a authorized title d : one (like a performer) that's under agreement and whose work is particularly important e : a reserve or script procured for publication or output

property indicates a attribute that belongs to some matter's necessary nature and should be used to describe a sort or species.

see also QTIP believe in at have confidence in Observe: Below federal tax law the property must be A part of the gross estate of your surviving husband or wife at her or his very own Loss of life, where it is actually issue to taxation.