Excluded Property definition: Copy, customize, and use instantly
Introduction
The term "Excluded Property" refers to assets or items that are explicitly excluded from a specific agreement, legal arrangement, or financial transaction. These assets may not be subject to the same terms or conditions as other property within the agreement and are typically defined or outlined in contracts, wills, or estate plans.
Below are various examples of how "Excluded Property" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Excluded Property" as property not subject to the terms of an agreement
This definition ties "Excluded Property" to property not included in an agreement.
"Excluded Property" means property that is explicitly not subject to the terms of an agreement or legal arrangement, typically identified in the contract, and does not form part of the transfer, sale, or distribution in question.
Definition of "Excluded Property" as property specifically excluded from a contract or transaction
This definition connects "Excluded Property" to exclusion in a contract.
"Excluded Property" refers to property that is specifically excluded from the terms of a contract or transaction, meaning it remains outside the scope of the agreement and is not included in the transfer or obligations under the contract.
Definition of "Excluded Property" as assets that are not part of a legal arrangement or estate distribution
This definition links "Excluded Property" to estate or legal arrangements.
"Excluded Property" means assets that are not included in a legal arrangement or estate distribution, often specifically named or described in the legal documentation to ensure clarity in what is excluded from the transaction.
Definition of "Excluded Property" as property not covered by the provisions of a trust or will
This definition ties "Excluded Property" to trusts and wills.
"Excluded Property" refers to property that is not covered by the provisions of a trust or will, which may be designated by the decedent or grantor as property to be handled outside the terms of the trust or will.
Definition of "Excluded Property" as items or assets not included in the scope of a specific agreement
This definition connects "Excluded Property" to the scope of an agreement.
"Excluded Property" means items or assets that are intentionally not included in the scope of a specific agreement, whether due to their nature, value, or other reasons determined by the parties involved.
Definition of "Excluded Property" as assets explicitly stated to be outside the terms of a contract
This definition ties "Excluded Property" to contract terms.
"Excluded Property" refers to assets that are explicitly stated to be outside the terms of a contract, and therefore are not subject to any obligations or transfers outlined in the agreement.
Definition of "Excluded Property" as property identified in a contract as being outside its reach
This definition connects "Excluded Property" to a contract's reach.
"Excluded Property" means property identified in a contract as being outside its reach, ensuring that certain assets or items are not affected by the obligations, rights, or provisions set forth in the document.
Definition of "Excluded Property" as property not included in the division of assets in an estate plan
This definition links "Excluded Property" to estate planning.
"Excluded Property" refers to property that is not included in the division of assets outlined in an estate plan, and may be designated to pass through other means or be kept separate from the estate distribution.
Definition of "Excluded Property" as property excluded from the sale or transfer in an agreement
This definition ties "Excluded Property" to sale or transfer exclusion.
"Excluded Property" means property that is explicitly excluded from the sale or transfer in an agreement, and will not be conveyed as part of the transaction outlined in the contract.
Definition of "Excluded Property" as assets that are excluded from the definition of a business’s assets
This definition connects "Excluded Property" to business assets.
"Excluded Property" refers to assets that are excluded from the definition of a business’s assets in the context of mergers, acquisitions, or financial reporting, and therefore are not included in the valuation or transfer of the business.
Definition of "Excluded Property" as specific property that will not be included in the distribution of an inheritance
This definition links "Excluded Property" to inheritance distribution.
"Excluded Property" refers to specific property that will not be included in the distribution of an inheritance, either because it was expressly excluded in the will or due to legal requirements that separate it from the estate.
Definition of "Excluded Property" as property specifically designated as not part of a gift or donation
This definition ties "Excluded Property" to gifts or donations.
"Excluded Property" means property that is specifically designated as not part of a gift or donation, either by the donor’s choice or due to legal restrictions or exclusions in the gifting process.
Definition of "Excluded Property" as items that are not subject to the provisions of a lease or rental agreement
This definition connects "Excluded Property" to leases and rental agreements.
"Excluded Property" refers to items that are not subject to the provisions of a lease or rental agreement, meaning these items are not included in the leased property and remain outside the scope of the rental terms.
Definition of "Excluded Property" as assets that are not part of a business’s assets under a buyout agreement
This definition links "Excluded Property" to a buyout agreement.
"Excluded Property" means assets that are not part of a business’s assets under a buyout agreement, which are specifically separated from the terms of the transaction and are not included in the sale or acquisition of the business.
Definition of "Excluded Property" as property that does not qualify for inclusion in a financial settlement
This definition ties "Excluded Property" to financial settlements.
"Excluded Property" refers to property that does not qualify for inclusion in a financial settlement, either because it is not part of the agreed terms or is specifically excluded due to its nature or ownership status.
Definition of "Excluded Property" as real or personal property not covered under a property agreement
This definition connects "Excluded Property" to property agreements.
"Excluded Property" means real or personal property that is not covered under a property agreement, and therefore is not subject to the rules or terms set forth in the agreement.
Definition of "Excluded Property" as assets that remain with the original owner and are not transferred in a sale
This definition links "Excluded Property" to assets not transferred in a sale.
"Excluded Property" refers to assets that remain with the original owner and are not transferred in a sale, either due to the terms of the sale or explicit exclusion in the contract.
Definition of "Excluded Property" as items that are outside the scope of the agreement’s obligations
This definition ties "Excluded Property" to the scope of agreement obligations.
"Excluded Property" means items that are outside the scope of the agreement’s obligations and are therefore not affected by the terms or responsibilities outlined in the contract or arrangement.
Definition of "Excluded Property" as assets explicitly identified as outside the scope of a transaction
This definition ties "Excluded Property" to the scope of a transaction.
"Excluded Property" means assets that are explicitly identified as outside the scope of a transaction, such as sales, transfers, or agreements, and are not subject to the terms or conditions of that transaction.
Definition of "Excluded Property" as property not included in a property settlement agreement
This definition links "Excluded Property" to property settlement.
"Excluded Property" refers to property that is not included in a property settlement agreement, whether due to mutual exclusion or legal restrictions, and remains outside the division of assets.
Definition of "Excluded Property" as personal or real property not subject to estate taxes or inheritance
This definition ties "Excluded Property" to estate and inheritance.
"Excluded Property" means personal or real property that is not subject to estate taxes or inheritance, either due to legal exemptions, exclusions in a will, or the nature of the asset.
Definition of "Excluded Property" as specific assets left out of the valuation of a business in a merger or acquisition
This definition connects "Excluded Property" to mergers or acquisitions.
"Excluded Property" refers to specific assets that are left out of the valuation of a business in a merger or acquisition, typically based on agreement between the parties or the nature of the assets.
Definition of "Excluded Property" as property that does not form part of a partnership’s shared assets
This definition links "Excluded Property" to partnerships.
"Excluded Property" refers to property that does not form part of a partnership’s shared assets and remains the personal property of one or more partners, either by agreement or by legal designation.
Definition of "Excluded Property" as assets excluded from the scope of a trust or will
This definition ties "Excluded Property" to trusts and wills.
"Excluded Property" means assets that are explicitly excluded from the scope of a trust or will, and are not part of the distribution process as defined by the grantor or decedent.
Definition of "Excluded Property" as items not included in a real estate transaction
This definition connects "Excluded Property" to real estate transactions.
"Excluded Property" refers to items that are not included in a real estate transaction, such as certain fixtures, personal belongings, or properties that are explicitly excluded from the sale agreement.
Definition of "Excluded Property" as property that is not transferred as part of a family estate plan
This definition links "Excluded Property" to family estate planning.
"Excluded Property" refers to property that is not transferred as part of a family estate plan, either by design or due to legal exclusions, and remains outside the scope of estate distribution.
Definition of "Excluded Property" as items specified as non-transferable in a business acquisition agreement
This definition ties "Excluded Property" to business acquisitions.
"Excluded Property" means items specified as non-transferable in a business acquisition agreement, and are retained by the original owner or seller after the acquisition process.
Definition of "Excluded Property" as assets that are intentionally left out of a gift or donation
This definition connects "Excluded Property" to gifts and donations.
"Excluded Property" refers to assets that are intentionally left out of a gift or donation, either by the donor's instructions or because they do not qualify for transfer under specific legal terms.
Definition of "Excluded Property" as property that is not covered by a commercial lease agreement
This definition links "Excluded Property" to commercial leases.
"Excluded Property" means property that is not covered by a commercial lease agreement, such as personal items or assets that are not included in the lease of the premises.
Definition of "Excluded Property" as a portion of assets that remain outside the purview of an inheritance division
This definition ties "Excluded Property" to inheritance division.
"Excluded Property" refers to a portion of assets that remain outside the purview of an inheritance division, either because of legal exclusions or explicit instructions from the decedent.
Definition of "Excluded Property" as personal property that remains with the original owner after a divorce settlement
This definition connects "Excluded Property" to divorce settlements.
"Excluded Property" means personal property that remains with the original owner after a divorce settlement, typically items designated as separate property under the divorce agreement or legal provisions.
Definition of "Excluded Property" as items that are removed from the scope of a financial settlement
This definition links "Excluded Property" to financial settlements.
"Excluded Property" refers to items that are removed from the scope of a financial settlement, often due to their specific nature, prior ownership, or legal restrictions that prevent their inclusion.
Definition of "Excluded Property" as a category of assets left out of a joint ownership agreement
This definition ties "Excluded Property" to joint ownership agreements.
"Excluded Property" refers to a category of assets that are left out of a joint ownership agreement, typically because they are considered separate property by one or more of the owners.
Definition of "Excluded Property" as assets that are not subject to division under a legal separation
This definition connects "Excluded Property" to legal separations.
"Excluded Property" means assets that are not subject to division under a legal separation, often due to them being acquired before the marriage or being designated as separate property.
Definition of "Excluded Property" as items excluded from the inventory of a deceased person’s estate
This definition links "Excluded Property" to estate inventories.
"Excluded Property" refers to items that are excluded from the inventory of a deceased person’s estate, typically because they were not part of the estate’s distribution or because they were explicitly excluded in a will or legal arrangement.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.