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transferred property

transferred property

5.4
Property that one person has given or sold to another
  • noun
translation icon : propiedad transferida
  • The majority rejected the public use challenge in Kelo on the grounds that, although the state ostensibly transferred property from A to B, the transfer was but a small part of a comprehensive redevelopment plan designed to revitalize an economically depressed community.

Examples

  • New subsection 248(30) provides that the existence of an amount of a benefit or an advantage in respect of a transfer of property does not in and of itself disqualify the transfer from being a gift or contribution if: (a) the amount of the "advantage" does not exceed 80% of the fair market value of the transferred property; or (b) the transferor of the property establishes to the satisfaction of the Minister that the transfer was made with the intention to make a gift.

    Blog text (22)
  • If the reported value of the transferred property is increased upon audit, a receivable is created in favor of the grantor.

    Academic text (1999)
  • The most significant issue is the increased gift tax exposure resulting from an incorrect valuation of the transferred property.

    Academic text (1999)
  • Moreover, to make the transferred property rights meaningful, a legal code spelling out and guaranteeing those rights must be in place.

    Academic text (1991)
  • Without this fundamental ability to transfer property from one owner to another, the southern slave system could never have functioned. (147)

    Academic text (2018)
  • Even in Kelo, the court said that a municipality can't just swoop in and transfer property from one private party to another.

    Blog text (7)
  • The major advantage of the installment sale over the GRAT is that the transferred property will be outside the grantor's estate regardless of the date of the grantor's death (though any balance remaining due on the promissory note will be includable in the estate).

    Academic text (1999)
  • The lawyer prepared the documents to ensure the transferred property was legally recognized by the new owner.

  • When they sold the house, all rights concerning the transferred property were formally documented.

  • He confirmed that the transferred property included the land as well as any buildings on it.

Antonyms

3.8

Something a person still remembers, uses, or keeps

Surface Forms

Morphology

transfer + property

The meaning 'property whose ownership has been transferred' is directly and transparently derived from the past-participle adjective 'transferred' (from 'transfer' = to pass ownership) modifying 'property' (an owned asset). This is a common, grammatically regular composition (past-participle + noun) found across languages and in everyday/legal usage, so a B1 learner who knows the constituent words will readily infer the phrase's meaning.

Etymology

Transferred property comes from two simple words: transferred (moved to another person) and property (things someone owns). Think of handing over keys or papers. That's why it means 'property that now belongs to someone else'.