The Ultimate Guide To property management award

The Ultimate Guide To property management award

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typical property Group property mental property private property property damage property problems insurance policies property correct property tax community property

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

of the Company : property belonging to a particular man or woman — qualified terminable fascination property : property passing to a surviving husband or wife that qualifies for the marital deduction In case the executor so elects providing the spouse is entitled to get income in payments manufactured at least per year for life and that not a soul has a power to appoint any Element of the property to any person besides the surviving partner

see also antenuptial settlement Note: In the majority of states, upon divorce marital property is divided In accordance with just what the court docket decides is equitable. — movable property : property (as own property or crops) which might be moved — personal property : property (to be a car) which is movable but not including crops or other assets continue to attached to land : property aside from real property a tax on the non-public property

— real property : property consisting of land, structures, crops, or other means nevertheless connected to or throughout the land or improvements or fixtures completely hooked up towards the land or maybe a structure on In addition, it : an desire, advantage, proper, or privilege in these property

called also immovable property — independent property : property of the husband or wife that is not Neighborhood property or marital property Specially : property obtained by a spouse just before relationship or separately throughout marriage (as by present or generally by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic economic value as a result of it the coverage policy limited property damage coverage to tangible property

These examples are programmatically compiled from different on the internet sources As an instance present-day usage of your word 'property.' Any opinions expressed inside the illustrations will not characterize All those of Merriam-Webster or its editors. Mail us feedback about these illustrations.

— marital property : property obtained by possibly wife or husband in the study course of the 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 rights Notice: When property is abandoned, the owner gives up the sensible expectation of privacy concerning it. The finder of abandoned property is entitled to maintain it, in addition to a law enforcement officer may possibly just take possession of abandoned property as evidence with no violating the promise in opposition to unreasonable searches and seizures within the Fourth Amendment towards the U.S. Constitution. — just after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a individual bankruptcy scenario and that's normally regarded Section of the personal bankruptcy estate : property acquired following the perfection of a lien or security desire Specifically : this kind of property acquired after the generation of the lien or stability fascination that is definitely subject matter for the lien or turns into collateral for the security desire : property transferred into the estate of the decedent right after execution from the will — popular property : property owned or employed by more than one bash precisely : property owned or leased by tenants in prevalent

ownership in indivision at possession Observe: The states getting community property laws 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 certification or Qualified license) that derives price not from its intrinsic Bodily character but from what it signifies — mental property

of not conducting warmth character relates to a peculiar and exclusive good quality of a point or a class.

a : a top quality or trait belonging and especially peculiar to a person or factor b : an impact that an object has on An additional object or on the senses c : virtue sense two d : an attribute popular to all users of a category

a : something owned or possessed precisely get more info : a piece of real estate b : the exceptional ideal to have, love, and eliminate a matter : possession c : anything to which someone or enterprise includes a authorized title d : 1 (such as a performer) who is less than deal and whose do the job is very worthwhile e : a ebook or script obtained for publication or production

property implies a attribute that belongs to the matter's necessary nature and will be applied to describe a type or species.

see also QTIP believe in at rely on Note: Beneath federal tax law the property has to be A part of the gross estate from the surviving husband or wife at her or his very own death, where it is actually subject matter to taxation.