Everything about real estate agent

Everything about real estate agent

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widespread property community property mental property particular property property hurt property injury insurance policies property proper property tax general public property

Examine tenancy in typical at tenancy — Group property : property held jointly by husband and spouse especially : property Specifically from work obtained by either wife or husband soon after relationship that is definitely deemed in states aquiring a Local community property program to belong to both spouses as undivided just one-fifty percent pursuits

on the corporation : property belonging to a certain person — capable terminable curiosity property : property passing to the surviving wife or husband that qualifies to the marital deduction When the executor so elects furnishing the partner is entitled to acquire earnings in payments built at the least yearly for life Which no one has a power to appoint any Element of the property to anyone apart from the surviving wife or husband

see also antenuptial agreement Observe: In most states, upon divorce marital property is split In accordance with just what the court decides is equitable. — movable property : property (as personal property or crops) that may be moved — personalized property : property (as a automobile) that may be movable although not together with crops or other sources however attached to land : property aside from 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 completely connected into the land or even a framework on it also : an desire, benefit, proper, or privilege in this sort of property

identified as also immovable property — different property : property of a partner that isn't Local community property or marital property Primarily : property acquired by a partner right before marriage or individually during marriage (as by gift or typically by inheritance) — tangible property : property that includes a tangible and corporeal existence and intrinsic financial value due to it the insurance policy coverage limited property problems protection to tangible property

These illustrations are programmatically compiled from various on-line sources As an instance latest use in the phrase 'property.' Any views expressed from the illustrations will not characterize Those people of Merriam-Webster or its editors. Mail us feed-back about these illustrations.

— marital property : property obtained by possibly wife or husband in the course of a relationship that may be subject to division on divorce

see also asset, estate, interest sense one, possession perception 1e — deserted property : property property management award to which the proprietor has relinquished all legal rights Observe: When property is deserted, the proprietor offers up the realistic expectation of privacy relating to it. The finder of abandoned property is entitled to help keep it, plus a police officer may possibly just take possession of deserted property as evidence without having violating the assure against unreasonable searches and seizures in the Fourth Modification into the U.S. Structure. — just after-obtained property : property (as proceeds) that a debtor acquires following the commencement of a personal bankruptcy circumstance and that's commonly viewed as Section of the personal bankruptcy estate : property acquired after the perfection of a lien or stability fascination Specifically : this kind of property acquired once the development of a lien or stability fascination that is certainly matter for the lien or gets to be collateral for the safety fascination : property transferred on the estate of a decedent following execution of the will — popular property : property owned or employed by more than one party specifically : property owned or leased by tenants in popular

possession in indivision at ownership Note: The states owning Local community property rules are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property On this entry precisely, from the civil legislation of Louisiana : tracts of land with their component pieces — intangible property : property (being a stock certification or Specialist license) that derives value not from its intrinsic Actual physical character but from what it represents — mental property

of not conducting heat character applies to a peculiar and distinct good quality of a matter or a class.

a : a quality or trait belonging and particularly peculiar to a person or thing b : an influence that an object has on One more object or on the senses c : advantage sense two d : an attribute common to all associates of a category

a : one thing owned or possessed specifically : a piece of real estate b : the special appropriate to possess, delight in, and get rid of a thing : ownership c : a thing to which an individual or small business features a authorized title d : one (like a performer) that's beneath deal and whose function is especially worthwhile e : a e book or script purchased for publication or creation

property indicates a characteristic that belongs to some point's vital mother nature and may be utilized to describe a kind or species.

see also QTIP rely on at belief Be aware: Beneath federal tax legislation the property needs to be included in the gross estate on the surviving wife or husband at his or her personal Demise, exactly where it can be issue to taxation.