constructing excellence - An Overview

constructing excellence - An Overview

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widespread property community property mental property personalized property property harm property destruction insurance property appropriate property tax public property

Look at tenancy in frequent at tenancy — community property : property held jointly by spouse and wife specially : property Specifically from work obtained by either husband or wife following relationship which is considered in states getting a Group property program to belong to both spouses as undivided one particular-half passions

of the Company : property belonging to a particular man or woman — experienced terminable interest property : property passing to the surviving partner that qualifies with the marital deduction In the event the executor so elects furnishing the wife or husband is entitled to obtain profits in payments produced not less than each year for all times and that no person has a power to appoint any Section of the property to anyone apart from the surviving wife or husband

see also antenuptial agreement Observe: In most states, on divorce marital property is split In accordance with just what the court decides is equitable. — movable property : property (as personal property or crops) which can be moved — own property : property (like a auto) that's movable although not including crops or other assets 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 nonetheless connected to or within the land or enhancements or fixtures forever attached for the land or maybe a structure on In addition, it : an curiosity, profit, correct, or privilege in these kinds of property

termed also immovable property — independent property : property of the wife or husband that is not Local community property or marital property Primarily : property acquired by a partner in advance of marriage or individually for the duration of relationship (as by gift or usually by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value on account of it the coverage policy restricted property hurt protection to tangible property

These examples are programmatically compiled from numerous on the web resources For instance recent use of your word 'property.' Any thoughts expressed from the illustrations don't symbolize People of Merriam-Webster or its editors. Mail us feedback about these examples.

— marital property : property obtained by possibly read more wife or husband throughout the training course of the relationship that may be subject to division upon divorce

see also asset, estate, fascination perception one, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Note: When property is abandoned, the proprietor offers up the fair expectation of privacy concerning it. The finder of abandoned property is entitled to help keep it, and also a law enforcement officer may perhaps consider possession of abandoned property as evidence with no violating the warranty against unreasonable searches and seizures inside the Fourth Modification on the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy situation and that's normally thought of Element of the bankruptcy estate : property acquired after the perfection of a lien or safety curiosity Specially : these property obtained once the generation of the lien or security interest that's topic for the lien or gets 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 party particularly : property owned or leased by tenants in typical

ownership in indivision at ownership Be aware: The states possessing Neighborhood property legal guidelines are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property In this particular entry specifically, within the civil law of Louisiana : tracts of land with their component components — intangible property : property (as being a stock certificate or Expert license) that derives value not from its intrinsic physical nature but from what it represents — intellectual property

of not conducting warmth character relates to a peculiar and distinct high-quality of the detail or a category.

a : an excellent or trait belonging and particularly peculiar to somebody or matter b : an influence that an item has on A different item or about the senses c : virtue feeling 2 d : an attribute typical to all members of a class

a : something owned or possessed specifically : a bit of real estate b : the special ideal to have, get pleasure from, and get rid of a point : ownership c : some thing to which a person or business has a lawful title d : just one (for instance a performer) that is beneath contract and whose function is especially valuable e : a reserve or script procured for publication or generation

property indicates a characteristic that belongs to your point's necessary nature and should be made use of to describe a kind or species.

see also QTIP have confidence in at have confidence in Be aware: Under federal tax regulation the property needs to be A part of the gross estate on the surviving partner at his / her have Demise, the place it really is topic to taxation.