constructing excellence - An Overview

constructing excellence - An Overview

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widespread property Group property mental property individual property property destruction property hurt insurance coverage property ideal property tax community property

compare tenancy in prevalent at tenancy — Neighborhood property : property held jointly by spouse and wife specially : property Specifically from employment obtained by either husband or wife right after relationship which is considered in states getting a community property system to belong to equally spouses as undivided one particular-half pursuits

from the Company : property belonging to a specific human being — competent terminable desire property : property passing into a surviving wife or husband that qualifies to the marital deduction Should the executor so elects delivering that the husband or wife is entitled to acquire revenue in payments made at the least annually for all times Which no-one has an influence to appoint any Portion of the property to anyone aside from the surviving husband or wife

see also antenuptial agreement Take note: In many states, upon divorce marital property is split Based on just what the court docket determines is equitable. — movable property : property (as particular property or crops) that can be moved — personal property : property (being a vehicle) that may be movable but not which include crops or other means nonetheless connected to land : property besides real property a tax on the non-public property

— real property : property consisting of land, buildings, crops, or other assets however hooked up to or throughout the land or improvements or fixtures permanently connected on the land or possibly a framework on What's more, it : an desire, benefit, right, or privilege in this sort of property

known as also immovable property — separate property : property of a husband or wife that's not community property or marital property Specifically : property obtained by a husband or wife in advance of relationship or separately all through marriage (as by gift or frequently by inheritance) — tangible property : property which has a tangible and corporeal existence and intrinsic economic price as a consequence of it the insurance plan plan limited property destruction protection to tangible property

These examples are programmatically compiled from various online sources For instance present utilization in the phrase 'property.' Any views expressed while in the illustrations will not symbolize People of Merriam-Webster or its editors. Send out us responses about these illustrations.

— marital property : property obtained by both husband or wife in the program of a marriage that's matter to division upon divorce

see also asset, estate, fascination feeling 1, possession feeling 1e — abandoned property : property to which the proprietor has relinquished all rights Note: click here When property is deserted, the operator offers up the acceptable expectation of privacy regarding it. The finder of abandoned property is entitled to maintain it, and also a law enforcement officer may well just take possession of abandoned property as evidence with out violating the warranty versus unreasonable queries and seizures during the Fourth Modification on the U.S. Constitution. — following-obtained property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy situation and that's typically thought of Section of the bankruptcy estate : property obtained following the perfection of a lien or stability desire especially : these property acquired after the creation of the lien or protection curiosity that is certainly subject matter into the lien or results in being collateral for the security interest : property transferred to the estate of a decedent following execution in the will — prevalent property : property owned or used by multiple party specifically : property owned or leased by tenants in typical

possession in indivision at ownership Take note: The states obtaining community property guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry particularly, during the civil legislation of Louisiana : tracts of land with their ingredient elements — intangible property : property (to be a stock certification or professional license) that derives price not from its intrinsic physical mother nature but from what it represents — mental property

of not conducting warmth character applies to a peculiar and distinct top quality of a issue or a category.

a : a top quality or trait belonging and particularly peculiar to someone or point b : an outcome that an object has on A further object or over the senses c : virtue perception 2 d : an attribute widespread to all members of a category

a : some thing owned or possessed precisely : a bit of real estate b : the exclusive suitable to possess, love, and get rid of a matter : ownership c : a thing to which someone or enterprise has a authorized title d : 1 (for instance a performer) who's underneath contract and whose get the job done is especially worthwhile e : a book or script acquired for publication or output

property implies a attribute that belongs into a thing's vital nature and will be applied to explain a kind or species.

see also QTIP believe in at believe in Be aware: Underneath federal tax law the property need to be included in the gross estate of the surviving husband or wife at his / her personal Demise, where it is matter to taxation.